NEAR Snap, a new feature from HERE Wallet and the Banyan Collective, lets you create NEAR accounts and sign transactions right from MetaMask.
NEAR Mainnet has become the first non-Ethereum Virtual Machine (EVM) chain to integrate fully with MetaMask, the leading Ethereum wallet provider. This integration will allow MetaMask users to access the NEAR ecosystem seamlessly.
A new feature from HERE Wallet and the Banyan Collective, the NEAR Snap will enable users to create NEAR accounts and sign transactions directly from MetaMask. This marks a significant step forward for NEAR Protocol in the realm of Web3 interoperability, enhancing the Web3 experience for both developers and users.
The MetaMask Snap ecosystem, which was introduced recently, facilitates the integration of various non-EVM chains, including NEAR, Solana, Cosmos, and others, into the MetaMask experience. NEAR Snap is the first to introduce MetaMask users to NEAR Protocol’s native capabilities, bridging the gap between EVM and non-EVM chains.
Previously, Aurora, NEAR’s EVM-compatible blockchain, was the only way to interact with MetaMask. Now, NEAR Snap expands this functionality, enabling more decentralized applications (dApps) and blockchain interactions directly through MetaMask.
This integration aligns with NEAR Protocol’s vision of enabling more dApp integration. Developers can integrate their applications with NEAR Snap using the NEAR Wallet Selector. Future versions will introduce even more functionality, including BOS components, which will enable web-wallet-like experiences. These innovations aim to provide users and developers with a streamlined ecosystem, positioning NEAR Protocol at the forefront of Web3 accessibility.
Despite this major announcement, NEAR Protocol’s price has seen modest declines, trading at $6.90, down 1.56% in the last 24 hours. The asset recently exhibited a brief bullish trend, peaking at $7.30 before retracing.
Resistance levels are firm at $7.00 and $7.30, with the latter showing big selling pressure. On the downside, $6.70 acts as a critical support level, where prices have consistently bounced back.
The 1-day Relative Strength Index (RSI) of 53.64 suggests neutral momentum, while the MACD below the signal line hints at short-term bearish pressure.
