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Near Token Rallies Amid Nym Partnership, Ahead of Nearcon Conference

NEAR, the native token of the layer 1 Near Protocol, rallied on Wednesday as it announced a partnership with Nym Technologies. NEAR has gained 11% over the past 24 hours, largely outperforming the rest of the crypto market. Solana’s SOL was the only token to gain substantial ground on Wednesday, up 10%, at the press time. Bitcoin (BTC) and ether (ETH) were primarily flat. The Near Foundation announced a collaboration with Nym Technologies, a privacy infrastructure project backed by Binance Labs and the venture capital firm Andreessen Horowitz (a16z). The partnership will integrate the Nym mixnet into the Near ecosystem, according to a press release.

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