Will NEAR be the next Solana? Disruptive innovation Intents integrates AI into blockchain

NEAR achieved an impressive annual growth rate of 201.59% last year, outperforming Bitcoin's 39.14% and Ethereum's 94.16% during the same period. Near's performance stands out, especially as it recently expanded by combining blockchain with AI and announced the upcoming launch of NEAR Intents in 2025, introducing a new ecosystem where AI replaces the manual processing of transactions by development teams. They also plan to create the world's largest AI open-source model, establishing a new and noteworthy blockchain ecosystem following Solana's rise to the mainstream.

Introduction to NEAR

Former Microsoft engineer Alexander Skidanov founded NEAR in 2017, he was also a former research fellow at Open AI. NEAR Protocol was launched in 2020, it is a third-generation blockchain based on Proof-of-Stake (PoS), capable of processing thousands of transactions per second, with higher operational efficiency compared to Bitcoin which is based on Proof of Work (PoW). Near operates through sharding, which can further increase throughput. Sharding is a blockchain scaling technology that partitions computations into parallel "shards".

The NEAR Foundation provides complete examples and documentation to development teams. Development teams can use JavaScript or Rust to create smart contracts and earn income from each Gas Fee transaction service fee. It is easy for teams who want to develop new contracts to get started.

In 2021, NEAR hired South Pole based in Zurich, Switzerland, to conduct carbon reduction assessments to maintain ecological and climate balance, with reforestation projects in Colombia, Zimbabwe, and the United States to offset carbon emissions.

NEAR adopts Built-in Account Abstraction and Meta Transactions. Build-In-Account Abstraction allows third-party development teams to assign The Relayer to work SignedDelegateAction to users and subsidize Gas Fees, which is considered a convenient marketing strategy for development teams to attract new users.

NEAR provides users with domain names similar to .ETH. Using the NEAR Protocol does not require purchasing cryptocurrencies. Users can create usernames and accounts using Telegram or Email, and can own .near domain names.

What are NEAR Intents

NEAR aims to solve the problem of decentralized liquidity in DeFi. The development of NEAR Intents allows artificial intelligence to act as an agent for development teams to execute transactions, enabling end users to seamlessly integrate multiple blockchain networks and unlock new features.

NEAR Intents will be the core focus of NEAR next year, with AI agents executing transaction services and allowing multiple technical teams to participate in the protocol. NEAR Intents can stake existing tokens and assets, conduct DeFi cross-chain transactions, lending, and manage accounts of different assets to increase liquidity. It was a significant focus at this year's Token 2049 in Singapore.

In the financial trading market, AI can already perform automated stock trading. Applying AI to DeFi can be disruptive innovation. NEAR's transaction volume performance is impressive, closely monitoring the Benchmark liquidity baseline, it may be the next Solana.