NEAR Intents Activity Spikes as Zcash’s Zashi Wallet Taps It for Private Swaps

Activity on NEAR's intent-based system has surged dramatically, with transaction volumes nearly doubling month-on-month, while user counts have surpassed 120,000. In just 30 days, approximately $800 million in swaps and payments flowed through NEAR Intents, increasing the total to about $1.8 billion since launch. The ease of use attributed to the Intents system allows users to state outcomes like ‘swap USDC on Ethereum for NEAR on Solana’, simplifying cross-chain transactions. Key assets such as USDC, WETH, and various ecosystem tokens have seen increased volume, with Ethereum, Solana, and Zcash leading blockchain activity. Zcash has notably seen a resurgence, with its price quadrupling in the last month. The Zashi wallet, which now features Zashi Swaps and CrossPay on NEAR, enhances user experience by allowing users to convert BTC, SOL, and USDC directly into ZEC, fostering usability in private transactions.

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