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#NEAR#
Author: Jae, PANews
The narrative flows, but Near remains steadfast. From high-performance public chains and sharding scalability, to chain abstraction and Intents, and now the hottest AI Agents, Near has almost never missed any mainstream narrative in the past several crypto cycles.
Backed by co-authors of the classic AI Transformer paper, and known as the “most AI-savvy Web3 expert,” Illia Polosukhin, Near continues to deliver an unexpectedly impressive report card even in a bear market. Today, Near has become a cross-chain infrastructure giant, handling over $20 billion in cross-chain transactions and generating more than $34 million in fee income.
Few people know that Near’s birth was not driven by grand blockchain ideals, but by a somewhat awkward real-world dilemma: inability to pay cross-border salaries. Eight years ago,