Matt Hogan: Optimistic about NEAR protocol, Intents annual fee revenue of about $45 million

Bitwise Chief Investment Officer Matt Hogan listed NEAR as a cryptocurrency asset that combines vision and business. NEAR rose by 198% in the third quarter, while Bitcoin rose by 43% and Ethereum rose by 71% during the same period. NEAR was founded by Ilya Polosukhin and its testing environment processes one million transactions per second. The cumulative trading volume of NEAR's Intents product has exceeded $30 billion, and it is expected to generate approximately $45 million in fees this year, some of which will be returned to holders through buybacks.