Cardano Surges After NEAR Integration Boosts DeFi Access
Cardano (ADA) and NEAR Protocol are both making headlines after a major integration that could change how people use and trade cryptocurrencies. ADA jumped nearly 8%, while NEAR saw an even bigger gain of 10%. The reason? Cardano has officially joined the NEAR Intents platform, allowing seamless and fast swaps with over 20 blockchains and more than 100 cryptocurrencies—including Bitcoin, Ethereum, Solana, and major stablecoins.
This new connection gives Cardano a much-needed boost in the decentralized finance (DeFi) space. Historically, Cardano has struggled to keep up with platforms like Ethereum and Solana when it comes to DeFi. But now, thanks to NEAR Intents, users can instantly swap ADA for ETH or SOL, use those assets within DeFi protocols, and then swap them back—all in just a few seconds. This opens up a world of new use cases for ADA holders and brings fresh utility to the Cardano ecosystem.
NEAR Intents is designed to make crypto swapping easier and safer. Instead of relying on traditional bridges—which are often targets for hackers—it uses a unique system to automatically find the best exchange rates and lowest fees for users. It handles everything behind the scenes so users don’t need to worry about the technical details.
Beyond trading, NEAR is also pushing into artificial intelligence (AI). The protocol is building infrastructure to support AI on the blockchain, aiming for private, censorship-free tools. This aligns well with Cardano founder Charles Hoskinson’s vision, as he has been vocal about the risks of centralized AI platforms like ChatGPT. With this partnership, future AI projects built on Cardano may be able to tap into NEAR’s growing AI capabilities.
Despite the recent price bump, ADA is still far from its all-time high. At around $0.85 per token, it remains more than 70% below its peak from 2021. While this new integration could be a turning point, investors should stay cautious. Cardano’s ambitious promises haven’t always turned into real-world results.
Still, this move with NEAR could be the beginning of a stronger, more connected future for Cardano in both DeFi and AI. It shows how collaborations between blockchains can help solve long-standing issues like interoperability and limited use cases—two problems that have slowed ADA’s progress for years.
Key Takeaways:
– Cardano (ADA) gains 8%, NEAR jumps 10% after integration via NEAR Intents
– ADA now connects with 20+ blockchains and 100+ cryptos including BTC, ETH, SOL
– Enables instant swapping without bridges; reduces risk of hacks
– Boosts Cardano’s DeFi potential by improving access to other ecosystems
– NEAR’s AI plans could offer future benefits for Cardano-based projects
– ADA still trades far below its 2021 high despite recent momentum
With this partnership, Cardano takes a big step forward in usability and real-world applications—something investors have long been waiting for.