Unverified: $NEAR Token Launch on Solana Network Reported

2 mins mins

Key Points:

Unverified PANews claim of $NEAR token launch on Solana network.
No official confirmation from Near Protocol or Solana entities.
Community and developer sentiment remain skeptical about the report.

Near Protocol reportedly announced the launch of its native token $NEAR on Solana, enabling cross-chain transactions through NEAR Intents and Orb Markets on December 19th.

The announcement lacks verification from primary sources, raising skepticism among the community about its authenticity and potential market impact.

PANews Report Stirs Skepticism Amid Lack of Verification

PANews reported that Near Protocol’s native token, $NEAR, launched on the Solana network on December 19. This move purportedly offers seamless cross-chain support with NEAR Intents and Orb Markets integration.

Technically, this unverified launch should enable users to deposit and withdraw $NEAR on Solana without additional wallet configurations or network changes. However, primary protocols and official announcements do not confirm these advancements.

The community has been skeptical, with Twitter users questioning the veracity of this report. No major figures from Near Protocol or Solana have made statements regarding this topic, fueling further doubt.

NEAR’s Market Performance Lacks Impactful Verification

Did you know? In March 2022, the Wormhole $NEAR-Solana Bridge boosted NEAR’s TVL by 15% short-term, though the effects were transient.

As of December 18, 2025, NEAR Protocol’s price is $1.58, with a market cap of $2.02 billion according to CoinMarketCap. The 24-hour trading volume saw a 4.40% fluctuation, while recent price changes include a 5.92% increase in the past 24 hours but a significant 49.93% decline over 90 days.

near-protocol-daily-chart-10 — NEAR Protocol(NEAR), daily chart, screenshot on CoinMarketCap at 16:43 UTC on December 18, 2025. *Source: CoinMarketCap*

Illia Polosukhin, Co-founder & CEO, NEAR Protocol, – “No official statements on Solana $NEAR launch”

The Coincu research team notes that unconfirmed reports such as this may spur temporary market speculation. However, sustained financial and technological impact remains unlikely without verified announcements and aligns with historical trends seen in similar cross-chain engagements.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.