NEAR Protocol's token price has surged by over 32% after Thorwallet integrated NEAR Intents, enhancing cross-chain capabilities. This development coincides with NEAR's recent halving event on October 30, which reduced the maximum annual inflation rate from 5% to 2.5%, potentially creating a deflationary supply shock. The market has responded with increased activity, as Open Interest in NEAR derivatives climbed to $219 million. A significant liquidity cluster at $3.17, valued at $786,000, has emerged as a key price target for traders, reflecting heightened interest and strategic positioning in the market.