EIP-4844 and NEAR: DA, fast finality and chain abstraction for L2s
Quote155 words
Bullish call$NEAR−44%since this piece, moved against the callHow it played out ↓Argues cheaper L2 execution after EIP-4844 makes NEAR's chain abstraction more economical, and positions NEAR as a complement to Ethereum via DA, fast finality and MPC-based key management.
🥂 EIP-4844 is live on Ethereum 🥂
✦ Blob space reduces cost of posting data to L1
✦ L2s become significantly cheaper
✦ Meta transactions coming
✦ Rollup ecosystem will explode
✦ Chain Abstraction will enable unified UX
Modularity allows for scalable network designs (rollups), but modularity also introduces fragmentation which adversely impacts UX.
The solution?
@NEARProtocol ✨
Control addresses across chains from one unified, programmable account on NEAR Protocol.
Cheap L2 execution makes Chain Abstraction even more economical to implement.
NEAR is a major play on the modular narrative.
NEAR can be used in various modular configurations and serve various roles:
✦ NEAR as a Data Availability Layer
✦ NEAR as a Fast Finality Layer
✦ NEAR as a MPC-based Key Management / Chain Abstraction Layer
NEAR is not a competitor to Ethereum. It's a complement that provides scalable and secure modular infrastructure to Ethereum L2s.
DYOR and don't fade this anon! 🪬 ✨
QUOTING @NEARProtocol
Chain abstraction on NEAR, in combination with meta transactions, will open up an opportunity for dApps on L2s to cover the cost of gas fees for users. This is now even more economical in light of Dencun. Chain Abstraction is coming.
Chain abstraction on NEAR, in combination with meta transactions, will open up an opportunity for dApps on L2s to cover the cost of gas fees for users. This is now even more economical in light of Dencun. Chain Abstraction is coming.
How the call played out · since 15 Mar 2024
Prices as of 23 Oct 2026This piece takes a view on $NEAR, so that move is read against the call.
−44%
Moved against the call · over 2.6 years
- At publication
- $8.86
- Now
- $4.96
- vs BTC
- −51%
- After 1 month
- −41%
- After 3 months
- −33%
- After 1 year
- −71%
- High since
- 0.0% 15 Mar 2024
- Low since
- −89% 12 Feb 2026
Since then
Zero has written 49 more pieces on NEAR Protocol and $NEAR since this one.
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Daily closes in USD from DefiLlama and Yahoo Finance. Only a bullish or bearish thesis is read as a call; explainers, maps and mentions are context. Not financial advice.