Moonbeam switches from Polkadot to Base for building AI agents. Polkadot-based interoperability protocol Moonbeam said it is transitioning to Ethereum Layer 2 Base to launch its AI agent communication and payments network, with the goal of gaining share of the emerging market. "This marks the most exciting frontier in cryptocurrency: autonomous AI agents finding each other, negotiating tasks, and paying each other on-chain without intermediaries," Moonbeam said in announcing the Moonbeam Protocol last Friday. "We believe that AI-driven on-chain orchestration represents a significant long-term opportunity. This transition will allow us to focus our resources in that direction," Moonbeam added. Moonbeam did not provide a release schedule for the Moonbeam protocol. Agentic developments have seen significant adoption in the cryptocurrency industry, with Coinbase CEO Brian Armstrong and Circle CEO Jeremy Allaire predicting that AI agents will become the dominant users of blockchain-based payments in the next few years. Coinbase's x402 payments protocol has been one of the biggest drivers of this push, and layer-1 blockchains Aptos and Near have also launched infrastructure to support agent-driven on-chain activities. However, adoption in the blockchain-based payments space has been difficult to get off the ground. Data from Artemis shows that in the past 30 days, only $2 million has been traded over the x402 protocol. AI agent development is progressing slowly even in Big Tech. Meta CEO Mark Zuckerberg said Thursday that the technology has not accelerated the company's workflows as quickly as expected. Moonbeam hits Polkadot. Several members of the cryptocurrency community said Moonbeam's pivot was a major setback for the Polkadot ecosystem. One X user calls Moonbeam Polkadot's "flagship project." "This is a real headache for Polkadot," said another X user. Moonbeam will launch as a Polkadot parachain in January 2022, giving developers the ability to build Ethereum Virtual Machine compatible applications directly on the Polkadot ecosystem. Instruct Moonbeam users to migrate their tokens. Moonbeam (GLMR) holders will need to link their tokens from Moonbeam's Polkadot parachain to Base before July 31, 2026, including GLMR linked to lending markets, staking contracts, and other decentralized finance protocols, Moonbeam said. relevant: Why 'safe' AI can turn dangerous in the wrong company Those holding tokens on centralized exchanges do not need to take any action, Moonbeam said. Moonbeam said it will continue to provide cross-chain interoperability services on the Polkadot parachain during the transition period and will not abandon existing builders or infrastructure providers. magazine: Bitcoin Breaks Off From Tech Stocks, Ether Is Watching A 'Selling Wave': Market Movement

NEAR's dynamic resharding upgrade is coming: can it fuel the next rally? Story Highlights * NEAR's upcoming v2.13 upgrade introduces dynamic resharding, allowing the network to scale automatically as demand rises * With NEAR Intents driving growing on-chain demand and price holding above key support, a breakout could push the token toward the $2.90-$3.10 liquidity zone. NEAR Protocol's price is back in focus after showing renewed strength since the start of the month, forming a steady pattern of higher highs and higher lows. The latest rebound highlights the importance of its rising support band, which continues to act as a strong base for the ongoing recovery. At the same time, the protocol is gearing up for one of its most significant upgrades yet: introducing dynamic resharding designed to improve scalability during periods of rising demand. With technical indicators favoring further upside, institutional exposure gradually increasing, and on-chain activity continuing to expand, the market is now watching closely to see whether these developments could fuel NEAR's next major rally. NEAR's dynamic resharding upgrade could redefine blockchain scaling. NEAR Protocol is preparing to roll out its v2.13 upgrade, introducing dynamic resharding - a major step forward in how blockchain networks handle growing demand. Unlike traditional scaling models that require manual coordination or validator approval to expand capacity, NEAR's new system will allow the network to split shards automatically as activity increases. This makes the protocol far more adaptive, enabling it to scale in real time without disrupting performance. In simple terms, the more demand the network sees, the more capacity it can create on its own. That could significantly improve efficiency during periods of high congestion while reducing latency and transaction bottlenecks. The upgrade is particularly important as NEAR positions itself as infrastructure for autonomous AI agents, a use case that requires fast execution, low costs, and flexible scalability. If successful, dynamic resharding could strengthen NEAR's long-term edge in the Layer-1 race by making the network more responsive to both user and machine-driven demand. NEAR price faces key resistance as bulls eye a breakout. While NEAR's fundamentals continue to strengthen, the price is now approaching a crucial technical zone that could shape its next major move. After recovering steadily from its yearly lows, NEAR has climbed back toward the $2.20 region, where liquidity has started to build, and price action has entered a key supply zone. The latest rebound reflects improving buyer interest, but the token still faces heavy overhead resistance before confirming a larger breakout. The liquidity heatmap highlights a dense concentration of sell-side liquidity between $2.90 and $3.10, making this the next major zone bulls may target if momentum continues to build. These liquidity clusters often act as magnets during strong market expansions, meaning a sustained breakout above current levels could open the path toward that range. At the same time, the Chaikin Money Flow (CMF) remains below the neutral line, showing that capital inflows are still relatively weak despite the recent recovery. This suggests buyers are active, but conviction has not fully strengthened yet. For bulls, a move in CMF back above zero would offer stronger confirmation of sustained buying pressure and improve the chances of a breakout continuation. On the downside, the $1.82 zone remains the key support level to watch. As long as NEAR holds above this area, the broader recovery structure remains intact. A breakdown below it could weaken the bullish setup and push the token back into a wider consolidation range. What's Next for NEAR Price? For now, NEAR Protocol price remains in a strong recovery phase, supported by growing on-chain activity, rising institutional interest, and its upcoming dynamic resharding upgrade. If bulls maintain control above the $1.82 support zone, the token could continue building momentum toward the $2.90-$3.10 liquidity range. However, with capital inflows still lacking full strength, a decisive breakout will likely depend on stronger market conviction in the sessions ahead.

SimpleSwap x NEAR Intents: crosschain without wallet connect. 4 hours ago George town, Cayman Islands, June 11th, 2026, Chainwire SimpleSwap, a self-custodial cryptocurrency exchange aggregator, has integrated NEAR Intents into its liquidity provider network. The integration introduces intent-based cross-chain execution to the platform's existing aggregation infrastructure and is available across web, iOS, and Android applications. SimpleSwap has aggregated liquidity from multiple centralized and decentralized sources since 2018. With the addition of NEAR Intents, users can access an alternative execution model for cross-chain transactions alongside the platform's existing provider network. What intent-based execution actually means Most providers in SimpleSwap's liquidity pool are CEX or DEX sources. They execute transactions. NEAR Intents does something structurally different: it processes intents. Users can declare an outcome - send X, receive Y - and a solver network handles route selection, cross-chain settlement, and execution. The user never touches bridge logic or approval flows. The outcome arrives. That's not a UX improvement on top of the same mechanics. It's a different layer of abstraction underneath. Why no wallet connect is an architectural choice, not a shortcut Wallet connect has become so standard in DeFi that most platforms have stopped questioning it. But every connection is a permission surface. For self-custody users, that matters - the whole point of holding your own keys is controlling where those permissions go. SimpleSwap was built without wallet connect from the start. Funds move from a wallet you own to a wallet you own, with no interface connection in between. NEAR Intents fits that model natively: intent-based execution doesn't require the platform to hold an ongoing connection to your wallet to route a cross-chain swap. "Adding NEAR Intents wasn't just about expanding cross-chain coverage. Intent-based providers operate differently at the infrastructure level - no wallet connection on the user side, outcome-driven execution, and clean API integration. That combination fits how SimpleSwap is built, and it's the direction we want the liquidity layer to move." - Stefan Lauer, Head of Infrastructure, SimpleSwap SimpleSwap has built a reputation for making crypto easier to use, which is exactly why this integration is a perfect fit. By bringing NEAR Intents to their users, we're removing complexity from cross-chain transactions and making it easier for people to access the assets they want. We're excited to work with the team at SimpleSwap. - Dillon Freeman, Head of Partnerships, NEAR What it means in practice For most users, the difference is invisible - which is the point. You initiate a swap on SimpleSwap the same way you always have. NEAR Intents handles cross-chain routing in the background alongside the rest of the provider pool. No extra steps, no wallet connection prompt, no bridge to configure. For users moving larger positions, the addition matters more directly. Intent-based execution routes through solver competition, which means pricing on cross-chain pairs benefits from a different source of depth than standard CEX or DEX liquidity. More providers of different architectural types means the aggregation engine has more to work with. What's next NEAR Intents joins SimpleSwap's provider pool across web and mobile. SimpleSwap will be listed on the NEAR Intents ecosystem page at intents.near.org/ecosystem. The integration is live now on iOS, Android, and the web. About SimpleSwap SimpleSwap is a self-custodial multi-source swap aggregator. It handles wallet-to-wallet swaps by aggregating liquidity from well-known CEX and DEX sources, so users get more privacy and control without manually comparing providers. The platform supports 2,800+ assets, 3.2M+ trading pairs, 6,000+ partner integrations, and has processed over 20M swaps. Uptime: 99.9%. Support: 24/7. About NEAR Intents NEAR Intents is the universal trading protocol powering one-click cross-chain swaps and unified liquidity for onchain markets and tokenized assets. Using a novel intent-based transaction infrastructure that empowers users to express outcomes instead of managing routes, bridges, and liquidity sources, NEAR Intents unlocks frictionless cross-chain swaps for DeFi users, autonomous trading for AI agents, and broad distribution for blockchains, dApps, and asset issuers. NEAR Intents has powered billions of dollars in volume across leading chains and assets and is now natively integrated into major DeFi protocols, wallet providers, traditional financial systems, and AI platforms, bringing instant and verifiable execution to global markets. Contact. SimpleSwap [email protected] Disclaimer: This is third-party content supplied by the issuer and published for informational purposes. Yellow does not independently verify the statements herein and assumes no responsibility for errors or omissions. Nothing herein constitutes investment, legal, accounting, or tax advice, or a solicitation to buy or sell any asset.