By cryptoadmin $NEAR Protocol ($NEAR) surged 8.7% over the past 24 hours, settling in the $5.31–$5.41 range. With a market capitalization of $7 billion, the asset pushed Stellar (XLM) out of 20th place in the global ranking by CoinGecko.
The culmination of this breakout was a unique precedent for the industry — the commercial launch of the first-ever post-quantum asset on the near.com platform.
It is the native token QTC of the Quantus Network, fully protected against attacks by supercomputers through the ML-DSA cryptographic standard approved by NIST. This step moved theoretical discussions about the quantum threat to Web3 into the realm of real-world products.
The connecting link was the $NEAR Intents architecture: the Confidential Intents feature enabled direct and confidential swaps of QTC for more than 180 assets across 30 different blockchains, including Bitcoin, Ethereum, and Solana, in a single click directly from wallets, bypassing vulnerable traditional bridges.
$NEAR token rose for two straight months while everyone was watching Bitcoin
This historic launch capped a broad-based $NEAR uptrend that had been developing over the past two months. According to weekly TradingView charts, the asset had been steadily breaking out of a prolonged accumulation phase around $1.50–$1.80 since late August.
Beyond the quantum catalyst, the long-term rally was driven by a combination of fundamental factors: integration with Robinhood Crypto Chain, which simplified operations with the USDG stablecoin and Ethereum, as well as capital inflows from institutional funds, including Digital Commodities, diversifying their portfolios toward AI infrastructure and Chain Abstraction technologies.
For $NEAR Protocol itself, which already supports quantum-safe account signatures on mainnet and plans to upgrade its consensus by the end of 2027, the QTC integration became a practical demonstration of the network's readiness for the next generation of technology, cementing the project's position in the top tier of the crypto market.