Just saw NEAR jump 17% because they launched Confidential Intents, which is a new feature that helps transactions not be visible to the public, preventing others from seeing our trading details before completion.



Naturally, a major problem in blockchain is front-running — bots can see our address in the mempool and execute trades before us, taking the profits first. Confidential Intents of NEAR help hide transfers and position management from such visibility. Unlike privacy coins like Monero or Zcash, which hide everything from the start, NEAR only chooses to hide trading-related information but still allows regulators to inspect if needed.

The market cap of NEAR is still around $1.8 billion USD. It seems investors are betting that this feature will attract institutional money rather than waiting for transaction fees to increase first.
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