NEAR jumps 30.8% as confidential trading fuels September rally

  • NEAR Protocol rose 30.8% in 24 hours to briefly reach around $3.50 after confidential perpetual positions became the default on near.com.
  • Trading volume reached roughly $1.77 billion to $1.786 billion, while Confidential Intents TVL exceeded $70 million and triggered the first NEAR@3.33 snapshot.
  • AI-linked tokens gained 9.4% as King Charles III hosted an AI-safety summit that produced no announced crypto or blockchain commitments.

NEAR Protocol briefly reached around $3.50 after rising 30.8% in 24 hours, extending a September rally supported by confidential perpetual positions, more than $70 million in Confidential Intents total value locked and heavy trading. The move occurred as AI-linked crypto tokens gained 9.4% to a combined market value of about $18.6 billion, although King Charles III’s AI-safety summit announced no blockchain integrations, token purchases, decentralized-AI funding or direct cryptocurrency support.

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