Neutral
Last updated: 2026-10-08 11:14:04 ET
Pulse AI Brief
Updated Oct 8, 2026 11:01 AM ET
NEAR Protocol climbed into the top 20 cryptocurrencies by market cap after a 140% surge over 30 days, driven by NEAR Intents surpassing $31 billion in cumulative transaction volume. The Layer 1 blockchain is capturing developer and user attention amid broader crypto market recovery.
NEAR's breakout signals renewed risk appetite in alternative Layer 1 ecosystems and validates the narrative that crypto infrastructure plays can outperform when narrative shifts from AI hype to actual adoption metrics. This could trigger rotation into other L1 tokens and blockchain infrastructure names.
The move demonstrates that crypto markets are beginning to differentiate based on genuine transaction activity and developer ecosystem health rather than pure speculation, a maturation signal for the asset class.
Even as the agency is tasked with drawing up new rules for crypto and prediction markets, its staffing and enforcement actions have dropped precipitously during the second Trump administration.
Eligible US Galaxy will be able to send USDC to crypto wallets and transfer funds to bank accounts in more than 60 countries.
NEAR climbed into the top 20 cryptocurrencies by market capitalization, as NEAR Intents surpassed $31 billion in cumulative transaction volume.
Greece’s draft bill proposes a 10% tax on crypto capital gains, with exemptions for annual gains of up to 500 euros and crypto-to-crypto swaps.
Former New York Governor Andrew Cuomo urged the crypto industry to balance its support for Democrats and Republicans if they want federal crypto legis...
Canton CEO Yuval Rooz compared blockchain adoption to Uber and Airbnb, arguing that widespread adoption could help insulate it from potential policy r...
The Ethereum researcher said crypto users should consider moving funds to fresh addresses, warning AI could threaten private-key security before quant...
Phemex's new crypto Mastercard lets users spend stablecoins without topping up. But do the cashback rewards outweigh the conversion costs?
Two crypto blockchains shut down. Coinbase just won.
Representative French Hill hopes lawmakers could pass a cryptocurrency market structure bill before the next session of Congress in 2027 as SEC and CF...
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