1355 ET - The NEAR Protocol token has gained over 98% over the past 30 days, according to data from Coinglass -- with NEAR up 7.2% today to $2.60, according to LSEG. Near calls itself "the blockchain for AI," which a big reason why it's been able to surge while other cryptocurrencies have stumbled this month. "We expect Near to play a key role in AI agent commerce, which could drive more value to its native token," says Zach Pandl of Grayscale in a note. The token also has privacy features allowing users to get AI agents to perform tasks without compromising user information, which Pandl says has contributed to the token's strength. Privacy coins, specifically Zcash, also posted a strong May despite overall weakness in cryptocurrency. (kirk.maltais@wsj.com)
(END) Dow Jones Newswires
May 29, 2026 13:55 ET (17:55 GMT)
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