NEAR token has seen a 17% increase in value after launching a new private execution layer, “Confidential Intents” designed to shield trades from public view. The feature was first unveiled at NEARCON and officially launched today. Unlike other cryptocurrencies like Monero or Zcash, NEAR’s system offers optional confidentiality focused on trade execution, keeping only specific transfers and positions out of public view while preserving auditability for law enforcement. The product is aimed at institutions that are wary of broadcasting trading strategies on transparent ledgers. However, data shows that NEAR's base-layer fees remain limited relative to its roughly $1.8 billion market capitalization.