NEAR Intents recorded its highest revenue-generating month in October, highlighting growing activity across the NEAR ecosystem. The platform reported $37 billion in cumulative volume, more than 520,000 users, and $2.4 million in 30-day revenue. Meanwhile, the NEAR price is trading around $3.13 after facing rejection near $6 resistance. Crypto analyst Giannis Andreou expects another potential liquidity sweep before a recovery, identifying $2.20 as a downside level and $12 as a conditional upside target.
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NEAR Intents Reaches $37B Transaction Volume
NEAR Intents continues expanding its role as a cross-chain transaction platform, allowing users to move assets between different blockchain networks through a unified execution system.
According to the NEAR Protocol, NEAR Intents has processed more than $37 billion in cumulative volume. Its 30-day activity includes approximately $3.9 billion in transaction volume, more than 520,000 users, and $2.4 million in revenue.
Source: NEAR Protocol’s X Post
The platform has also recorded more than $240 million in NEAR-related activity, over $37 million in swaps, and $57 million in fees, according to the supplied data.
October’s performance is particularly important because it represents the platform’s highest revenue-generating month to date. Continued transaction growth could strengthen NEAR’s position in cross-chain infrastructure and attract additional users and liquidity.
Also Read: NEAR Gains Pump.fun Integration as NEAR Price Eyes Recovery Toward $13
NEAR Intents Strengthens Cross-Chain Position
Growing transaction activity provides an important measure of ecosystem adoption. Higher volume can increase demand for execution services and generate additional platform revenue.
The reported $2.4 million in 30-day revenue highlights NEAR Intents’ ability to generate income from user activity. Its expanding user base also indicates growing participation in cross-chain transactions.
Institutional expansion could provide another growth catalyst. Access to professional trading infrastructure may allow institutions to use cross-chain execution through existing custody and trading arrangements.
However, increased platform activity does not automatically translate into higher NEAR token demand. Its longer-term impact will depend on how effectively ecosystem adoption supports sustainable network activity.
NEAR Price Faces Resistance After Rejection Near $6
The NEAR price is trading around $3.13 after facing rejection near the $6 resistance area identified by Giannis Andreou. The token remains below its long-term descending trendline, leaving its broader recovery dependent on reclaiming higher levels.
The analyst identifies $2.20 as a potential downside area. A move toward this level could represent another liquidity sweep if selling pressure continues.
On the upside, $6 remains the major resistance to watch. A weekly close above this level and the long-term trendline could strengthen the possibility of a broader trend reversal.
Giannis Andreou Identifies $12 Target Area
Crypto analyst Giannis Andreou believes the NEAR price could repeat a recovery pattern seen after previous major declines.
According to his analysis, NEAR previously recovered 790% after a 95.1% decline. He also highlights a 606% rally from the 2026 market bottom as evidence of its recovery potential.
Source: Giannis Andreou’s X Post
However, Andreou expects another potential decline before the next upward move. His analysis identifies $2.20 as a possible liquidity-sweep area.
If NEAR subsequently reclaims $6 through a weekly close, the analyst sees $12 as his next upside target. This represents an approximately 445% increase from the projected $2.20 level. A weekly close below $1.80 would invalidate his bullish scenario.
What Comes Next for NEAR?
NEAR’s next major test involves defending lower support levels while attempting to recover toward its long-term trendline.
Three developments deserve attention: a sustained price recovery toward $6, continued growth in NEAR Intents’ transaction volume and revenue, and further institutional integrations that could expand cross-chain adoption.
Ultimately, NEAR combines growing ecosystem activity with an uncertain technical structure. NEAR Intents’ revenue and transaction growth provide positive developments, but the token still faces significant resistance. Traders will watch $2.20 support and a potential weekly breakout above $6 to assess its next direction.
Also Read: NEAR Intents Expands Institutional Adoption as NEAR Price Eyes Breakout
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
Usman Zafar is a News Desk writer at Tronweekly with over five years of experience in cryptocurrency and blockchain journalism. He covers Bitcoin, Ethereum, DeFi, crypto laws and regulation, market activity, Layer 2 scaling solutions, and blockchain-based innovations, focusing on fast-moving developments and official industry updates. Usman previously wrote for BTCread and follows strict verification and editing practices to ensure accurate, timely, and responsible crypto news for a global audience.
