NEAR Expands Chain Signatures With EdDSA for More Chains
By: crypto news flash|2025/05/02 11:15:01
0
Share
Chain Signatures now supports EdDSA, enabling seamless cross-chain signing for Solana, TON, Stellar, Sui, and Aptos. NEAR prepares for protocol upgrade 77 and enhances AI infrastructure with data control and faster execution. NEAR Protocol has announced that Chain Signatures—the technology that enables cross-blockchain signing without bridges—now supports EdDSA. What does that mean? Users and developers can interact directly with networks like Solana, TON, Stellar, Sui, and Aptos with just a NEAR account, without having to worry about managing separate wallets or storing multiple private keys. NEAR Adds EdDSA to Chain Signatures While Chain Signatures previously only supported ECDSA, which is suitable for networks like Ethereum and Bitcoin, now the story is broader. With EdDSA, Ed25519-based networks can get in on the action. Solana and TON, for example, are known for their speed but have different signature systems. Now, NEAR users can “disguise” themselves as native users on those networks and still use the same account. Just imagine being able to send transactions across five blockchains without having to switch applications—that’s what the latest version of Chain Signatures offers. Pushing Boundaries With AI and Cross-Chain Vision But NEAR’s story doesn’t stop there. On the other hand, they have also just released Nearcore version 2.6.0. This release is designed to prepare the network for the protocol upgrade 77 which is scheduled to air on May 8, 2025. One of its new features, “OptimisticBlock,” is claimed to be able to reduce latency, speed up execution, and support the performance of AI-based applications. So, not only is it faster, but it is also more suitable for complex computing scenarios that require high efficiency. Furthermore, NEAR’s approach to AI is also interesting. While other projects are busy making chatbots or smart features on the blockchain, NEAR focuses on data control. They want users to maintain control over their personal information when interacting with AI models. This makes NEAR’s approach feel more humane, because not everyone is comfortable with their data floating freely on the network. This approach is also starting to be taken into account, especially when they appeared at BUIDL Asia 2025. There, NEAR emphasized its commitment to encouraging multi-chain collaboration and building a truly decentralized AI infrastructure. Interestingly, CNF previously reported that at the end of April, Bitwise Asset Management had registered an ETF product focused on the NEAR Protocol in Delaware, United States. This step is a strong signal that institutional interest in NEAR is increasingly real. Not only the independent crypto community is interested, but also large financial players are starting to take notice. So yes, it can be said that NEAR is not just a patch here and there. They are moving in many directions: improving network performance, cross-blockchain integration, ethical AI approaches, and at the same time attracting institutional interest through financial products such as ETFs. If everything goes smoothly, we might see the NEAR ecosystem getting busier not only from the user side, but also from the side of large projects that want to ride on their infrastructure. Meanwhile, as of press time, NEAR is trading at about $2.54 , up 1.18% over the last 24 hours and driving its market cap to surpass the $3 billion mark.
You may also like
Why Is Bitcoin Down in 2026? What We Can Learn From 2022
Why is Bitcoin down in 2026? Bitcoin has just recorded its worst first half since 2022, with back-to-back quarterly losses, record ETF outflows, and extreme fear. Here's what history says, how 2026 differs from the last bear market, and the three signals traders should wat
The large models in the United States are moving towards closure in the name of security
The government successfully inserted itself as an approver between commercial AI models and their users for the first time.
From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.
Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion
Overview of Important Market Events on June 25
Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet
The trusted AI prediction ecosystem Manadia, which has secured $7 million in funding from well-known institutions like OKX, will globally launch in June. The core token UMXM has already been listed on multiple mainstream platforms, inviting you to seize the new blue ocean of the trillion-level predi...
Why do cryptocurrency projects always like to change their names?
In many cases, the old names of encryption projects have no competitive advantage, only historical baggage.
Who is footing the bill for the $64 billion accounting frenzy?
Affected by Bitcoin falling below $60,000, publicly listed companies heavily invested in this asset are facing huge paper losses and valuation discounts, and their debt structure and accounting standards may trigger structural liquidity risks in the future.
I never expected that the first application of AI x Crypto would be in security auditing
AI has accelerated attack efficiency and also promoted the upgrade of defense systems. The security audit sector is undergoing a transition from a dividend model to a competitive model.
What is your view on Binance's competitive advantages?
When the dividends of rule arbitrage gradually approach zero, can we produce product strength, governance capability, and trust that are commensurate with its scale?
ETH has entered a non-consensus phase, and the turning point is approaching!
This has nothing to do with the Ethereum Foundation or Ethlabs; Ethereum needs to win by solving real problems.
The shift in the cloud of the air: from despising stablecoins a year ago to the high-profile entry of capital today
It can continue to question the cost-effectiveness of stablecoins in the G10 currency corridor, but it cannot ignore the structural opportunities of stablecoins in emerging markets, corporate finance, and on-chain settlements.
The survival dilemma of small and medium exchanges behind the withdrawal anomalies exposed by AscendEX
The living space is constantly being compressed.
Why Is Bitcoin Falling Below $60K? 5 Key Market Drivers Explained
Bitcoin has dropped sharply amid ETF outflows, Strategy stock weakness, AI stock rallies, and changing Fed expectations. Explore the key forces driving BTC’s latest correction and what traders should watch next.
Bitcoin vs. Gold in 2026: Which Asset Performs Better in Different Markets?
Bitcoin vs. gold in 2026: Why are both assets falling, and what does their changing correlation mean? Discover what drives Bitcoin and gold prices and how traders can navigate different market conditions.
The cryptocurrency industry has entered the "Show Me" era: merely relying on vision is no longer enough
The awareness level of the audience in the cryptocurrency industry—including media, institutions, and retail investors—is steadily increasing, and this trend has become a foregone conclusion.
Morning News | The draft amendment to the People's Bank of China Law aims to clarify the legal status of digital renminbi; South Korea will transfer about 40 unregistered virtual asset service providers to law enforcement agencies
Overview of Important Market Events on June 24
Interpreting the Ethereum Foundation's new structure: Reaffirming self-sovereignty amid institutional trends
The Ethereum Foundation has announced a new five-layer working framework, clarifying the focus of future development and reaffirming its commitment to decentralized core values amidst the wave of institutionalization.
Former SpaceX engineer reconstructs the financial execution system using first principles
Plan Execution Lab completes angel round financing for Singapore family office, with a valuation of 50 million USD.
Why Is Bitcoin Down in 2026? What We Can Learn From 2022
Why is Bitcoin down in 2026? Bitcoin has just recorded its worst first half since 2022, with back-to-back quarterly losses, record ETF outflows, and extreme fear. Here's what history says, how 2026 differs from the last bear market, and the three signals traders should wat
The large models in the United States are moving towards closure in the name of security
The government successfully inserted itself as an approver between commercial AI models and their users for the first time.
From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.
Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion
Overview of Important Market Events on June 25
Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet
The trusted AI prediction ecosystem Manadia, which has secured $7 million in funding from well-known institutions like OKX, will globally launch in June. The core token UMXM has already been listed on multiple mainstream platforms, inviting you to seize the new blue ocean of the trillion-level predi...
Why do cryptocurrency projects always like to change their names?
In many cases, the old names of encryption projects have no competitive advantage, only historical baggage.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
