- In a recent report, a Grayscale analyst shared the factors that have caused the recent growth in the price of the NEAR token in May.
- In May, the cryptocurrency rose nearly 115%, helping its price climb to record highs $2.37 and a total of 3.08 billion dollars.
- The network has made major developments in supporting AI tools, as well as changes in its tokenomics.
On May 29, Grayscale Investments released a report NEAR Protocol, where they revealed the things behind the powerful cryptocurrency used this month, which is privacy and intellectual mining.
“The NEAR token had a strong showing in May when the crypto markets began to recognize the importance of the project. We expect that Near will play a major role in AI trading, which can drive more value to its token,” it said. report.
According to CoinMarketCap priceNEAR is up more than 77% in the last 30 days. Cryptocurrency is on sale right now $2.36 and the market capitalization of $3.06 billion. The daily trading price has gone up in circles $866 million.
What Grayscale Research Says About NEAR
According to the official post, the NEAR token is up almost 115% in May. Inside the bearish sentiment in crypto currency market, the rise in the value of the NEAR token makes it the most successful product in the Grayscale Crypto Sectors framework in that period.
The NEAR blockchain network was launched in 2020, but its adoption has grown recently after major developments in the network.
One of the biggest developments in networking is the latest product called NEAR Intents. This is working as an AI assistant for the changes that are happening on the blockchain. In this section, users only need to provide their input by sharing their “goals”, and after that, the interface will take all the difficult decisions that appear. It was launched in 2025, and as of now, it has made more than 25 million transactions with a total value of about $20 billion.
Apart from this, there is another major development of AI assistants, known as IronClaw. It is a NEAR AI assistant system, which comes with a secret code.
“AI agents need privacy tools as they are deeply integrated into business processes. To address this, Near built IronClaw, an AI interface integrated with Near AI’s privacy tools. This helps AI agents work securely while ensuring that content, information, and user data remain private,” the report said.
The Grayscale report also mentioned the tokenomics evolution of the NEAR Protocol, which has successfully changed the supply/demand of cryptocurrency. In October 2025, the NEAR group decided to implement a plan to reduce inflation rates from 5% to 2.5%.
Later, in February 2026, NEAR changed its fundraising strategy significantly. This allows the network to distribute earnings in NEAR tokens.
Grayscale said in the report, “With these architectures, Near aims to create a foundation for enterprise commerce – a platform that enables AI agents to coordinate financial transactions while users remain the owners of their products, assets, and information.”
In the last few months, many blockchains have been planned to support the work connected with artificial intelligence, such as. agent’s fees.
