NEAR Price Surges on 'User-Owned AI' Unveiling and Nvidia Earnings

The price of NEAR Protocol (NEAR) has been on the rise after a series of developments in the AI sector. The altcoin's value increased by 11% in 24 hours, with its social media sentiment also trending strongly to the upside.

A key driver behind the surge is the unveiling of 'User-Owned AI' for the NEAR ecosystem at NEARCON 2026. This new feature allows users to make private cross-chain transactions and protects against MEV bots, frontrunning, and position exposure.

The introduction of 'Confidential Intents' has significant implications for the safety and economic purposes of NEAR's user-owned AI model. The feature is expected to expand into an agent-driven market while ensuring the privacy of participants.