{"id":32984,"date":"2026-10-01T21:25:35","date_gmt":"2026-10-01T20:25:35","guid":{"rendered":"https:\/\/investx.fr\/en\/2026\/10\/01\/near-protocol-exploit-intents-3-8-million-price-drop\/"},"modified":"2026-10-01T21:25:40","modified_gmt":"2026-10-01T20:25:40","slug":"near-protocol-exploit-intents-3-8-million-price-drop","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/near-protocol-exploit-intents-3-8-million-price-drop\/","title":{"rendered":"NEAR Drops 9% After $3.8M Exploit on Intents: Is the Rally Over?"},"content":{"rendered":"\n

An exploit targeting NEAR Protocol’s cross-chain infrastructure<\/strong> has cost the ecosystem $3.8 million<\/strong>. The NEAR<\/strong> token immediately felt the blow, dropping 9%<\/strong> and wiping out a portion of the gains built up during the recent rally. The vulnerability has since been patched, but the key question remains: can the bullish momentum survive this confidence shock?<\/p>\n\n\n\n

A Cross-Chain Exploit That Hits NEAR Intents at Its Core<\/h2>\n\n\n\n

NEAR Intents<\/strong> is one of the cornerstones of the NEAR Protocol<\/strong> ecosystem. This infrastructure enables seamless cross-chain swaps and interactions without requiring users to manually manage bridges or token conversions. It was precisely this critical layer that was targeted in the attack, exposing a flaw in the transaction validation logic for cross-chain operations<\/strong>.<\/p>\n\n\n\n

The NEAR<\/strong> team confirmed the incident and announced that a patch was deployed shortly after the exploit was detected. While the team’s responsiveness deserves recognition, the fact that a vulnerability of this magnitude existed within such a central piece of infrastructure raises legitimate questions about the robustness of their security audits<\/strong>. A $3.8 million<\/strong> loss is an alarm signal the market did not ignore.<\/p>\n\n\n\n

This type of incident is reminiscent of the exploits that hit protocols like Ronin<\/strong> and Wormhole<\/strong><\/a>, albeit at far greater scale. For NEAR<\/strong>, the challenge now is to rebuild trust among the developers and users who rely on Intents to power their decentralized applications.<\/p>\n\n\n\n

\"NEAR<\/figure>\n\n\n\n

Price Action: NEAR Sheds 9% as Technical Support Levels Come Under Pressure<\/h2>\n\n\n\n

Prior to the exploit, NEAR<\/strong> was displaying positive momentum, driven by renewed interest in alternative Layer 1s<\/strong> and cross-chain narratives. The 9% correction therefore came from a recent local high, which psychologically amplifies the impact on market sentiment. Traders who had opened long positions in anticipation of a breakout now find themselves sitting in potential loss territory.<\/p>\n\n\n\n

From a technical standpoint, the drop brings NEAR<\/strong> back toward intermediate support zones. The token’s ability to defend these levels over the coming sessions will be decisive. A swift recovery on strong volume could signal that the correction has been absorbed and that the market is treating the incident as an isolated event. Conversely, a close below key support levels would open the door to a deeper consolidation or even a short-term trend reversal.<\/p>\n\n\n\n

Trading volume unsurprisingly spiked at the moment the exploit news broke, reflecting a sudden wave of selling pressure<\/strong> and short-term investors exiting their positions. The broader market sentiment<\/a><\/strong> across altcoins remains fragile, which mechanically limits NEAR<\/strong>‘s ability to stage a meaningful recovery without a strong positive catalyst.<\/p>\n\n\n\n

What’s Next for NEAR Protocol After the Selloff?<\/h2>\n\n\n\n

The speed at which the NEAR<\/strong> team deployed a patch is a positive factor that should not be overlooked. In the crypto ecosystem, post-exploit crisis management<\/strong> is often just as important as the incident itself. Protocols like Euler Finance<\/strong> and Curve<\/strong><\/a> have shown that transparent communication combined with a rapid technical response can significantly limit long-term reputational damage.<\/p>\n\n\n\n

For NEAR<\/strong>, the priorities will be to publish a detailed post-mortem<\/strong> of the exploit, announce strengthened security measures for Intents, and ideally roll out an expanded bug bounty program<\/strong>. These concrete actions are the only ones capable of reassuring the developers building on the ecosystem and the institutional investors keeping a close eye on the situation.<\/p>\n\n\n\n

Over the medium term, NEAR’s fundamentals<\/a><\/strong> remain intact: the ecosystem benefits from advanced sharding<\/strong> technology, sustained developer activity, and growing exposure to AI and cross-chain narratives. But in a market where trust is built slowly and broken quickly, every security incident leaves a mark<\/strong> that on-chain data and price action will take several weeks to fully erase.<\/p>\n\n\n\n

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