NEAR Protocol's cross-chain swap protocol, NEAR Intents, processed $130.7 million in trading volume over the past 24 hours. Its native token, NEAR, fluctuated between $4.97 and $5.10, after previously rebounding from a short-term dip to $4.62. On-chain data shows that large transactions by institutional investors (whales) converting Zcash (ZEC) to Bitcoin (BTC) drove demand for shielded transactions, stabilizing the ecosystem's confidential total value locked (TVL) between $151 million and $152 million. Additionally, the Bitwise NEAR ETF (NRR) recorded a daily net inflow of $2.61 million, bringing its cumulative inflows to $83.05 million.