July 23rd, 2025 – San Francisco, California

Today, Everclear, the cross-chain clearing and settlement protocol for digital assets, announced a strategic investment and partnership with the NEAR Foundation.

This partnership entails a long-term commitment by both teams to advance cross-chain clearance and settlement with NEAR’s tech.

NEAR Foundation’s capital deployment includes provision of solver capital aimed at unlocking liquidity to meet the growing demand for Everclear’s offerings and a multi-faceted strategic investment, signaling support for the CLEAR community.

Powering Intents-Based Interoperability

The cross-chain intents market is seeing significant momentum with new chains coming in and a stablecoin explosion–transaction fees are already often as low as 0.01% and settlement times are often seconds, which creates a perfect set-up for further growth.

Everclear, which recently surpassed $1B in total transaction volume, introduces a DeFi primitive that enables clear and net-off bi-directional cross-chain liquidity flows at zero cost. To further strengthen its robust clearing and netting infrastructure, Everclear will integrate with the NEAR technology stack and scale the amount of available liquidity in the protocol with additional resources.

Illia Polosukhin, NEAR co-founder, stated: “Unifying liquidity for both human and AI users is a key mission for NEAR and the Intents ecosystem. We’re happy that Everclear will utilize NEAR Intents for cross-chain clearing and settlement amidst the proliferation of stablecoins, chains, and new asset types in the market today – we see a great opportunity in our work together.”“Partnering with the NEAR Foundation enables Everclear to scale liquidity and target billions in monthly volume over the next 12 months,” said Dima Khanarin, Everclear Foundation CEO. “With hundreds of stablecoins and new appchains like Robinhood launching, the cross-chain clearing market for digital assets is poised to surpass $1Trillion.” 

Everclear’s Accelerating Momentum

Since March 2025, Everclear has:

• Achieved 111% growth in Q2, >50x growth from January
• Surpassed $1B in total transaction volume
• Expanded to 23 supported chains, including Solana
• Onboarded top DeFi protocols such as Li.Fi and Across 

About Everclear

Everclear is the first cross-chain clearing and settlement protocol, enabling efficient movement of liquidity across blockchain networks. Like Visa and SWIFT in traditional finance, Everclear coordinates liquidity flows across decentralized ecosystems—eliminating fragmentation and unlocking a more connected digital asset economy.

Everclear is backed by NEAR Foundation, Pantera Capital, Polychain, 1kx, Hashed, ConsenSys, and the Ethereum Foundation.

X: https://x.com/everclearorg

Website: https://www.everclear.org/

About NEAR Protocol 

NEAR Foundation is the blockchain for AI. A high-performance, AI-native platform built to power the next generation of decentralized applications and intelligent agents. It provides the infrastructure AI needs to transact, operate, and interact across Web2 and Web3. NEAR combines three core elements: User-Owned AI, which ensures agents act in users’ best interests; Intents and Chain Abstraction, which eliminate blockchain complexity for seamless, goal-driven transactions across chains; and a sharded blockchain architecture that delivers the scalability, speed, and low-cost execution needed for real-world AI and Web3 use. This integrated stack makes NEAR the foundation for building secure, user-owned, AI-native applications at internet scale.

Contact

CEO
Dima Khanarin
ops@connext.network

This consolidation phase is a classic sign of a healthy market, as it allows the asset to catch its breath after a significant upward move. It also suggests that the breakout was backed by genuine buying pressure rather than short-term speculation. With the $605 level now acting as a springboard, the stage is set for BNB to target higher price levels in the coming days or weeks.

BNB Price Action: Stability Above $605 Signals Strength

BNB’s ability to hold above the $605 resistance level after breaking through reflects growing bullish momentum. Its stability indicates that buyers are defending the breakout level, reinforcing its significance as a new support zone. Sustained trading above this level could pave the way for further gains toward targets near $630 and $650.

Technical indicators reinforce the strength of BNB’s breakout, signaling that bullish momentum remains intact. The MACD continues to trend in positive territory, with the MACD line staying above the signal line. This positioning suggests that buying pressure remains dominant, and the possibility of further gains remains strong. Additionally, the histogram bars are expanding, reflecting increasing bullish momentum.

Furthermore, the 100-day Simple Moving Average (SMA) acts as dynamic support, with BNB trading above it, which implies that the broader trend remains bullish, and any dips toward this level could present buying opportunities. 

If BNB maintains its momentum, it could target $680, strengthening its bullish outlook. A breakout above the level may attract more buyers, increasing the chances of a sustained rally. Presently, the $680 serves as a key resistance, and clearing it with strong volume is likely to spark a move to $724 in the medium term.

Support Zones To Watch In Case Of A Pullback

If BNB experiences a pullback, the $605 level will be the first key support to watch, as it has flipped from resistance to support. Holding this level could reinforce bullish momentum and signal that buyers are defending the breakout. 

However, if selling pressure increases and $605 fails to hold, the $531 demand zone comes into play, which has historically provided strong support. A rebound from this level would indicate buyer strength, but a break below will expose BNB to more downside before another bullish attempt. An extended correction could bring $500 into focus, which aligns with the 100-day SMA and has previously served as a significant pivot point for price rebounds.