NEAR bull case: user-owned AI, tokenomics and chain abstraction
Quote381 words
Bullish call$NEAR+3.4%since this piece, moved with the callHow it played out ↓Summarizes the NEAR bull case: leadership in user-owned AI, an AI accelerator with Delphi and Aethir, no predatory VC unlocks, Nightshade 2.0 scaling and chain signatures. Compares unlock progress with newer VC coins.
Key claims
NEAR investor unlocks are 100% done vs SUI 28%, TON 50%, TAO 33%
Nightshade 2.0 with stateless validation
Founder co-authored Attention Is All You Need
Betting big on $NEAR this cycle.
Why?
AI is $NEAR (and much more).
Bull Case Summary ↓↓↓
➤ $NEAR is leading the user-owned AI narrative, and is making huge, ecosystem-wide investments in team & infra to support AI use cases.
𝘊𝘩𝘦𝘤𝘬 𝘩𝘦𝘳𝘦 𝘧𝘰𝘳 𝘮𝘺 𝘪𝘯-𝘥𝘦𝘱𝘵𝘩 𝘈𝘐 𝘵𝘩𝘦𝘴𝘪𝘴 𝘧𝘰𝘳 𝘕𝘌𝘈𝘙: t.co/RYCJANRMv3
➤ One of many examples is the AI Accelerator by the @NEARFoundation and @Delphi_Ventures, with @AethirCloud as the premier compute partner.
𝘊𝘩𝘦𝘤𝘬 𝘩𝘦𝘳𝘦 𝘧𝘰𝘳 𝘢 𝘭𝘪𝘴𝘵 𝘰𝘧 𝘱𝘳𝘰𝘫𝘦𝘤𝘵𝘴 𝘴𝘦𝘭𝘦𝘤𝘵𝘦𝘥 𝘧𝘰𝘳 𝘤𝘰𝘩𝘰𝘳𝘵 1: t.co/pHFrf7kzXt
➤ $NEAR has also partnered with multiple high-profile teams building key infra for AI use cases. This includes @nillion, an orchestration & coordination layer for privacy-preserving technologies including MPC, ZK, FHE, and more. Allows devs to tap into blind compute seamlessly.
𝘔𝘰𝘳𝘦 𝘰𝘯 𝘵𝘩𝘦 𝘱𝘢𝘳𝘵𝘯𝘦𝘳𝘴𝘩𝘪𝘱 𝘢𝘯𝘥 𝘸𝘩𝘺 𝘪𝘵 𝘮𝘢𝘵𝘵𝘦𝘳𝘴 𝘩𝘦𝘳𝘦: t.co/FroBiPN4vO
➤ Also, don't forget that @ilblackdragon, the $NEAR founder is a major figure in AI space and co-author of "Attention Is All You Need". Together with @AlexSkidanov and others, this is definitely one of the most talented teams in the crypto x AI vertical.
➤ $NEAR doesn't have predatory VC tokenomics & unlocks are 100% done. The supply is almost fully diluted with only staking rewards, grant allocations and core contributor tokens still in linear unlock.
➤ This is different with the new, shiny VC coins, where only part of investor unlocks are done: $SUI (28%), $TON (50%), $TAO (33%), etc. and where annual inflation also tends to be significantly higher.
➤ While few understand, $NEAR is also easily competitive with the scalability these chains bring to market. With Nightshade 2.0, the groundwork for almost unlimited scaling (as shards are added) was laid, while keeping validator reqs low through stateless validation (many other chains haven't solved this yet).
𝘓𝘦𝘢𝘳𝘯 𝘮𝘰𝘳𝘦 𝘢𝘣𝘰𝘶𝘵 𝘕𝘪𝘨𝘩𝘵𝘴𝘩𝘢𝘥𝘦 2.0 𝘩𝘦𝘳𝘦: t.co/9gsu8tKiA9
➤ Additionally, Chain Abstraction is another major narrative this cycle, and similar to AI, $NEAR is among the leaders in the vertical, offering account-level abstraction through chain signatures, allowing $NEAR accounts to sign transactions across all major chains.
𝘔𝘰𝘳𝘦 𝘰𝘯 𝘵𝘩𝘪𝘴 𝘩𝘦𝘳𝘦: t.co/LIWUP9MPaw
➤ Finally, there is [REDACTED] coming up next month, which is definitely something you should keep an eye out for...
NFA but at least DYOR anon.
Also linking my $NEAR thesis from last month (don't fade anon). ↓
x.com/zerokn0wledge_/status/1838818196281004116
QUOTING @realjameswo
Can anyone give suggestions about which tokens to buy on the secondary market? Ideal market cap range for us is $1B-$10B. @DFG__Official is buying 💪💪💪
Can anyone give suggestions about which tokens to buy on the secondary market? Ideal market cap range for us is $1B-$10B. @DFG__Official is buying 💪💪💪
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How the call played out · since 22 Oct 2024
Prices as of 23 Oct 2026This piece takes a view on $NEAR, so that move is read against the call. Other assets it covers are shown as context, not as calls.
Betting big on NEAR for its user-owned AI lead, fully completed investor unlocks and Nightshade 2.0 scaling versus newer VC-backed chains.
+3.4%
Moved with the call · over 2 years
- At publication
- $4.78
- Now
- $4.94
- vs BTC
- −15%
- After 1 month
- +15%
- After 3 months
- +6.5%
- After 1 year
- −53%
- High since
- +68% 07 Dec 2024
- Low since
- −80% 12 Feb 2026
Show market context for 3 other assets
Since then
Zero has written 23 more pieces on NEAR Protocol and $NEAR since this one.
- Quantum and post-quantum map: PQ crypto assets by readinessOn NEAR
- I Built a Research Desk Staffed Entirely by AI Agents. It Works.Covers $NEAR
- New vs returning wallets across Ethereum, Solana, NEAR, Polygon and SuiCovers $NEAR
- NEAR DCML explained: confidential, verifiable and monetizable AI via TEEsCovers $NEAR
Daily closes in USD from DefiLlama and Yahoo Finance. Only a bullish or bearish call in a thesis or market take is tracked; explainers, lists, maps and mentions are neutral context. Not financial advice.