All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders.
- NEAR Infrastructure Committee plans proactive 2025 funding for AI and chain abstraction innovations across its ecosystem.
- NEAR Protocol emphasizes decentralized infrastructure growth, focusing on wallets, chain abstraction, and AI applications for 2025.
Since its inception in April 2024, the NEAR Infrastructure Committee (IC) has been at the forefront of improving the NEAR environment by taking a more transparent and sustainable approach. The committee has been quite helpful in guiding technical resources, money, and attention toward tackling important problems and encouraging innovation.
The IC is getting ready to actively fund developments in infrastructure innovation as the demands of the ecosystem change, especially in artificial intelligence and chain abstraction. Thinking back on a transforming 2024, the IC is creating a strong technological basis for NEAR’s future.
NEAR Infrastructure Committee: First Year Recap & 2025 Priorities
From decentralized RPC infrastructure, to onchain funding processes, the Infrastructure Committee has been busy preparing for user owned AI.
Seen a gap that needs filled? pic.twitter.com/OwUTH2Uu1h
— NEAR Protocol (@NEARProtocol) December 30, 2024
NEAR Infrastructure Committee: Leading Ecosystem Evolution with Strategic Support
Over its first eight months, the NEAR Infrastructure Committee became the most often-used open grant source in the ecosystem. Captured by the community slogan, “infra not infra-ing,” this initiative was a reaction to urgent problems inside the infrastructure of the network.
Comprising technical leaders including Bowen Wang of NEAR One, Alex Shevchenko of Aurora, Eric Winer of Pagoda, Vlad Frolov of NEAR DevHub, and Evgeny Kuzyakov of FastNEAR, the committee runs under administrative support from the NEAR Foundation and DevHub contributors.
After reviewing 99 suggestions in 2024, the committee approved 24, therefore profoundly influencing the evolution of the ecosystem. Important successes included improving wallet infrastructure, moving RPC services to decentralized providers, bringing analytics companies on board, and funding creative initiatives.
The committee supported important wallets, including NEAR Mobile Wallet, HERE Wallet, Nightly Wallet, and Meteor Wallet, therefore enabling innovations such as HOT Wallet from HERE Wallet and the Harvest Moon release from Meteor Wallet.
Decentralized RPC services also moved to companies like Lava, FastNEAR, and BlockPi, hence enhancing network dependability and response times.
Proactive Ecosystem Development and Innovation for 2025
Along with helping the Pagoda Sunset transition, which moved important services to community-driven alternatives, further contributions included funding analytics tools such as NEARBlocks, Token Terminal, and Chainspect.
Other creative projects backed by the IC included a Mastercard under the NEAR brand and a self-service treasury app developed by DevHub in collaboration with Mercuryo. Using the portal product of DevHub, the committee has created an on-chain fundraising mechanism for submissions.
Ahead to 2025, the NEAR Infrastructure Committee is giving proactive ecosystem creation and ongoing enhancement top priority. It intends to keep helping infrastructure developments started in 2024, like analytics tools and wallet improvements.
To inspire proactive innovation, the committee will create working groups to handle accounts, assess ideas, and create RFPs. This change seeks to guarantee that development corresponds with the rising needs of the ecosystem.
Improving wallet infrastructure to facilitate smooth interactions between NEAR and other blockchain ecosystems, such as Solana, is a top priority for 2025. Developing single sign-on solutions, on-ramps, and off-ramps falls under this here.
The committee also funds tools for chain abstraction like multichain explorers, oracles, and support for Omnitoken and Omnibalance. Understanding the possibilities of decentralized artificial intelligence, the IC is also giving basic infrastructure top priority to enable uses in this field.
This proactive strategy fits NEAR’s larger goal of encouraging scalability and invention. Especially, outside partnerships like NEAR Protocol’s one with Zero1 Labs help to complement the committee’s work. Zero1 Labs works with NEAR to promote decentralized artificial intelligence builders and grassroots teams via hackathons and community projects, as we previously reported on CNF.
By arming developers with scalable blockchain infrastructure and strong community support, this alliance helps NEAR to further its dedication to decentralized innovation.
Meanwhile, the NEAR token is trading at about $5.17 at the time of writing, representing a 2.66% correction over the last 24 hours and a 25.67% drop over the last 30 days.
