Sui announces integration with NEAR Intents, introducing fast cross chain redemption for the ecosystem

Sui announced the integration with NEAR Intents, which is built on the NEAR blockchain. This integration allows Sui users to no longer have to go through the traditional complex smart contract process, but only need to express their intentions. Requests will be automatically routed and executed by the "solver" to select the optimal path, making it easy to seamlessly interact with 20 chains and over 80 assets, and experience fast and simple cross chain redemption. At present, users can directly exchange assets on other chains such as NEAR, BTC, ETH, SOL, XRP, DOGE, ZEC, etc. into the Sui ecosystem without relying on bridges or intermediate tools. The integration is now officially launched and available for use, and developers can directly integrate NEAR Intents into Sui applications to enhance functionality and expand user coverage. In the coming weeks, more Sui native assets will also be included in support, further expanding their application value. The integration of Sui and NEAR Intents will enhance the interoperability of the Sui ecosystem and further build a flywheel for ecological growth, especially at the critical juncture of the rapid development of Sui DeFi. As of now, Sui TVL has exceeded $2.2 billion, ranking 8th among all blockchain platforms. In the past 30 days, Sui DEX's trading volume has exceeded $8.1 billion, ranking 8th. Meanwhile, the market value of Sui stablecoin exceeded 1 billion US dollars in June, with a growth of over 180% since the beginning of the year.