important notes
- Intel TDX and NVIDIA Confidential Computing provide encryption certificates for all AI requests processed through the platform.
- Private Chat provides ChatGPT-like functionality without collecting corporate data and protects user information in an isolated environment.
- The NEAR token is trading close to its annual support at $1.81, while protocol indicators are showing exponential growth with $7 billion in processing volume.
NEAR Foundation announced the launch of two new interconnected projects: NEAR AI Cloud and Private Chat. These solutions have already been implemented by Brave Nightly, OpenMind AGI, and Phala Network and are used by over 100 million users.
According to an announcement via X Thread on December 3, these products are built on the principle that “users should own their AI” by providing “verifiable privacy backed by hardware.”
In NEAR AI Cloud, all requests are processed by Intel TDX and NVIDIA Confidential Computing hardware, two industry-recognized trusted execution environment (TEE) solutions. This is important to keep all data sealed and isolated from external participants and ensure data privacy.
Users can also ensure that their data is truly protected by accessing “cryptographic certificates proving that the model executed the expected code” in the expected privacy environment.
Privacy Chat leverages and runs on the NEAR AI cloud, “bringing verifiable privacy to everyday questions and investigations.” Basically, this is an application similar to OpenAI’s ChatGPT, Google’s Gemini, or xAI’s Grok, but with target=”_blank” rel=”nofollow”>On November 20, Brave announced the integration of NEAR AI Cloud into its test implementation, Brave Nightly. Along with major privacy-enhancing browser integrations, NEAR Protocol also communicated that OpenMind AGI and Phala Network are also using solutions for verifiable privacy. It has over 100 million users.
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“NEAR AI’s confidential computing has been validated under real-world operational conditions, including heavy traffic, deterministic latency, and strict compliance requirements,” the NEAR Foundation account posted. “NEAR AI is proven at launch and stress tested by partners processing sensitive workloads at scale.”
✦ New product launch ✦
Introducing NEAR AI Cloud and Private Chat, two products that provide hardware-backed, verifiable privacy, built on one simple yet powerful principle.
Users should own their AI 🧵 pic.twitter.com/HWwcHKbHBs
— NEAR Protocol (@NEARProtocol) December 3, 2025
NEAR price analysis
near near $1.82 24 hour volatility: 1.4% Market capitalization: $2.3 billion Vol. 24 hours: $229.32 million It is currently toggling between $1.81 and $1.82, testing a re-entry into the one-year support zone that the asset briefly lost when Bitcoin fell to $84,000 on December 1st. This area has been under heavy buying pressure since early 2025.
NEAR 1D Price Chart as of December 3, 2025 | Source: TradingView
While regaining price levels within historical support is an important step in price recovery, continued trading below that zone would indicate that NEAR has entered bearish territory and could lead to a downtrend in the following days.
Michael van de Poppe, CIO and founder of MN Fund and MN Capital, has his sights set on similar levels. According to his analysis, NEAR “needs to break through the $1.80 and $1.95 price levels to move higher from here.”
$NEAR hit a new low yesterday.
Not great, but that’s for sure.
However, it is probably rapidly reversing.
What do I need to do?
Indeed, if we break through $1.80 and $1.95, we should be able to move higher from here. pic.twitter.com/t6N5CvZZgB
— Michael van de Poppe (@CryptoMichNL) December 2, 2025
From a fundamental perspective, the project has accumulated relevant momentum with an exponential increase in NEAR Intents metrics, and according to Dune Analytics data, it currently has over $7 billion in constant trading volume on 12 million cross-chain swaps, over $11.68 million in total fees generated, and over 800,000 unique addresses in the past 30 days. When Coinspeaker covered this data on October 30th, the all-time high was $3 billion.
NEAR Intent Dashboard as of December 3, 2025 | Source: Dune Analytics
As reported by Coinspeaker, Kalshi, a leading US-based prediction market, added support for the NEAR token on November 25th, bringing a new development related to the project. Additionally, the NEAR validator community approved an inflation halving on October 28th, reducing the annual tail emission of NEAR tokens from 5% to 2.5%. This may reduce the supply pressure available for token sales and have future economic implications.
Disclaimer: Coinspeaker is committed to providing fair and transparent reporting. This article is intended to provide accurate and timely information but should not be taken as financial or investment advice. Market conditions can change rapidly, so we recommend that you verify the information yourself and consult a professional before making any decisions based on this content.
