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Bitcoin above $81,000 as NEAR jumps 23% on ZEC swap traffic



Bitcoin traded just above $81,000 as of Monday Asian morning hours, up less than 1% over 24 hours and adding to the ground it has taken since the U.S. Securities and Exchange Commission cleared a path for onchain trading of tokenized U.S. stocks on Thursday, CoinDesk data show.

NEAR was the standout among the major tokens, up roughly 23% to just above $4. The move traces to NEAR Intents, a swap service built on the NEAR blockchain that lets a wallet trade one token for another across different chains without the user having to move funds between them first.

Major consumer wallets, such as ZODL and Vizor, have plugged it in to offer ZEC swaps, and daily ZEC volume routed through the service jumped sixfold in a single in the past week. NEAR has become the routing layer for one of the most heavily traded tokens on the market, and its own token has followed the traffic.

Elsewhere, ZEC gained 3% to just above $1,500 and BNB 2% to nearly $777. Ether and HYPE each picked up about 2%, while XRP, DOGE, SOL and TRX rose 1% or less.



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Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry significant risk. Always do your own research (DYOR) before making any investment decisions.

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