NEAR Confidential Intents TVL Hits $50 Million Milestone
NEAR Protocol (NEAR)
Editor:
Eugene Serbin
Coinfomania.com reported on 31 August 2026 that NEAR Protocol’s Confidential Intents total value locked has surpassed $50 million. The project is now $20 million away from reaching a $70 million milestone, which will trigger a snapshot for the @near.foundation campaign. Users can qualify for Drop 1 rewards by maintaining a confidential balance on near.com and executing a confidential swap.
This growth highlights increasing user engagement and confidence in NEAR’s privacy-focused blockchain transactions. The broader cryptocurrency market is showing mixed signals, yet this TVL increase suggests rising trust in the ecosystem. NEAR Protocol continues to operate as a scalable platform enhancing developer experience and user engagement.
The growing TVL signifies adoption of innovative privacy solutions within the current market context. Traders are advised to monitor the progression toward the $70 million psychological barrier. This level may influence future trading volumes and market sentiment for the asset. The announcement serves as a potential catalyst for renewed interest in NEAR’s capabilities.
How the market reacted
Whalio's own Binance spot order flow for NEAR, measured when this story was written up on 31 August 2026. Not the outlet's figures.
NEAR is trading at $1.82 with a 24-hour spot volume of $26,239,878 across 154,798 trades. The 24-hour buy ratio is 50.2%, indicating a near-even split between buyers and sellers over the full day. However, shorter-term pressure shows a slight bearish tilt, with the 1-hour buy ratio at 47.6% and the 4-hour ratio at 49.4%. Volume delta reflects this recent weakness, showing negative outflows of -$31,252 in the last hour and -$59,959 over four hours. Over the past 24 hours, the cumulative volume delta closed at -$232,341, indicating net selling pressure despite the balanced buy ratio. This suggests that while buying interest is present, sellers have been slightly more aggressive in the immediate term.
The latest daily buy ratio of 52.5% sits at the 86th percentile of the last 281 days, against a median of 49.6% - stronger buying than most days.
Twenty-four hours later
What NEAR did over the 23 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for NEAR, averaged over the days leading up to the story.
Over the preceding week, NEAR experienced a price decline of 9.7% over eight days. The 7-day average buy ratio was 49.1%, making today’s 24-hour ratio of 50.2% slightly higher by 1.1 points. Trading volume today was 0.75x the weekly average, indicating lighter participation than usual. Net buying occurred on only 2 of the past 7 days, with a total volume delta of -$5,721,801 for the period. This day represents a marginal shift in buying sentiment compared to the weekly average, but remains within a broader trend of net outflows and price depreciation.