Bitwise and SVRN Bet on NEAR as AI Infrastructure Play
- —Bitwise launched NEAR ETF NRR with roughly 5% staking yield
- —SVRN targets 10% of NEAR supply and runs six validators
- —NEAR Intents volume topped $34 billion, 98% human-driven
- —Returns hinge on converting volume into revenue and token demand
Why it matters: The NEAR ETF gives institutions exposure via the AI thesis, but upside depends on the network generating real revenue.
Source: Bitcoin.com