Recently, I've noticed an interesting phenomenon—the Near Protocol’s Intents Network cross-chain bridge has been performing impressively on ZEC.

According to on-chain data tracked by Arkham, in the past month, the Near Intents Bridge saw inflows and outflows on the ZEC network reach $281 million and $264 million, respectively. What does this scale mean? It’s basically on par with the liquidity volume of a leading compliant exchange for ZEC.

What’s even more noteworthy is that this cross-chain bridge currently holds 0.91% of ZEC’s circulating supply, which, at current prices, exceeds $61 million. For a relatively niche privacy coin, this holding ratio is already quite significant.

It seems that this new type of cross-chain solution—intents networks—has indeed produced some notable results in real-world application.