David Shack

brand strategy, cmo @svrn_ai (@nasdaq: $svrn), prev @flipsidecrypto x @republiccrypto

[David Shack @shackamoto]

👑

[The Rollup @therollupco]

NEAR is Hitting On Revenue, Privacy, And AI At Once with @svrn_ai CEO, @sal_ternullo

Timestamps
00:49 Institutional Inbound Explained
02:28 Bitcoin Negative Correlation
04:35 NEAR Investment Thesis Evolution
06:16 NEAR AI Stack
08:29 Bear Case And Risks
09:56 Venice Integration Breakdown
11:27 Path To Deflation
14:18 Intents Fee Model Analysis
15:51 Fee Structure Vs Volume
17:46 Confidential Intents Premium
19:42 Token Buyback Pre-Commitment

[David Shack @shackamoto]

The Donald was right I am getting tired of all this winning.

[Grayscale @Grayscale]

🆕 Grayscale Research: @NEARProtocol went into building mode after the last cycle.

In 2026, it's back, and the story runs through AI.
↳ Chain abstraction
↳ NEAR Intents
↳ Roadmap built for AI agents.

Read the full article from @LowBeta on the Stack:
https://t.co/yKsxXTgMXG

[mert @mert]

if you buy an asset and sell it when it goes down instead of buying more, why did you buy it? are you stupid?

[David Shack @shackamoto]

Warning: common episode side effects may include rapid heartbeat, increased energy, or a strong desire to sell your ETH.

[Bankless @Bankless]

INTERVIEW: Why $NEAR is Growing: The AI-Native Money Thesis - Intents, Privacy, & Tokenomics | @sal_ternullo

@NEARProtocol is showing up more and more
- Integrated in @zodl_app, right before the $ZEC explosion
- Used in @AskVenice to create private AI inferece
- @infinex uses Near Intents for creating a unified wallet

What's going on over at @NEARProtocol, and how does Near adoption impact $NEAR?

@sal_ternullo, CEO of @svrn_ai, joins us to explain why he thinks the original NEAR thesis finally coming into focus.

They dig into NEAR Intents, AI money, tokenomics, privacy, fee capture, agentic commerce, and why SVRN is trying to commercialize the NEAR ecosystem rather than simply hold the asset.

[TIMESTAMPS]

0:00 Intro
2:23 Why NEAR is Everywhere Lately
3:58 Pivot or Return to Roots?
7:41 The “AI Money” Thesis
9:54 Intents, Zashi, and Real Product Market Fit
11:38 Tokenomics, Buybacks, and Value Accrual
14:45 NEAR’s Different Approach From Ethereum
18:00 Fees, Scaling, and First-Party Apps
23:04 Cross-Chain Liquidity as NEAR’s Moat
28:27 The Contrarian Investor Case for NEAR
31:43 Privacy, Enterprises, and AI Agents
39:38 What SVRN Is Building for NEAR
46:00 Investor Sentiment and Final Thoughts

[Arthur Hayes @CryptoHayes]

Bears should not watch this video, it’s hazardous for your mental health.

[Bankless @Bankless]

Sal Ternullo of @svrn_ai explains why he thinks near:native is
misvalued

He thinks there's been a structural change in @NEARProtocol over the last 2 years, that makes NEAR deserves a 2-4x just from human usage alone

But the real growth story is from AI Agents using Ironclaw and Near Intents creating a 20-40x opportunity for near:native

Episode is out for Premium Subscribers today

[David Shack @shackamoto]

You know what, never mind. The “experts” all say to tweet at least once a day. But I’m not a sheep! See you again in six months.

[David Shack @shackamoto]

Hi followers, trying something new:

Tweeting more than once every 6 months.

[David Shack @shackamoto]

Do your own research, but also read our research, thank you. @svrn_ai @NEARProtocol

[NEAR Protocol @NEARProtocol]

NEW REPORT

A new institutional report from @svrn_ai lays out the case for NEAR:

-NEAR’s structural advantage as a coordination layer
-NEAR Intents fee mechanics and trajectories
-Institutional pathways to NEAR exposure

Read the full report: https://t.co/CLeerUNi8z

Disclosure: This report is for informational purposes only and does not constitute investment advice, an offer to sell, or a solicitation of an offer to buy any security or financial instrument.
OceanPal, Inc. (NASDAQ: SVRN) holds NEAR Protocol tokens on its balance sheet.

[Sal Ternullo @sal_ternullo]

https://t.co/B5Sq1rW31L

[David Shack @shackamoto]

@Shenanigrahams @AvaLabs Just delightful, will dm ya

[Austin Barack @AustinBarack]

Pretty much no one I've chatted with is following this but $NEAR is looking very interesting on a fundamental basis.

- NEAR token is currently almost fully offsetting validator emissions with revenue. $34MM in annualized revenue (96% from Near intents) vs. $35MM in emissions
- This a very new dynamic post near intents fee switch activating earlier this week
- Intents are particularly well suited for crosschain agentic swaps
- Near is rolling out confidential intents for private cross chain swaps
- Near has rolled out a confidential and secure inference product for agents, which is particularly useful considering the number of recent vulnerabilities from unsecure agent setups
- The token is fully unlocked and vested, there are no VCs or team to sell, anyone that has wanted to sell has already had the chance
- Currently trading at 1/3 the price of where it was throughout most of H2 2025

[NEAR Protocol @NEARProtocol]

A must-read from @sal_ternullo, CEO of @svrn_ai, on why NEAR, why now.

SVRN is a publicly traded company on NASDAQ with a treasury around NEAR tokens. SVRN is now executing an active strategy to grow its treasury while simultaneously driving commercial adoption of NEAR Protocol. SVRN aims to accumulate toward 10% of NEAR's total supply.

Sal covers:

-What infrastructure will AI actually run on
-NEAR Intents' rapid commercial traction
-NEAR AI as the architecture for verifiably private agents
-Why NEAR is the most capable settlement and coordination layer to win the future of agentic commerce and underpin a significant portion of the AI economy
-The uncompromising conviction that technology should enable individual sovereignty

[Sal Ternullo @sal_ternullo]

https://t.co/OU7wlOUUMF

[Caleb Shack @firstc0in]

I am Shack.

[Austin Federa | 🇺🇸 @Austin_Federa]

Near has consistently reinvented their product in source of PMF with a discipline not often found in crypto.

Intents are cool. It’s made possible by an awesome mpc network under the hood.

Their AI work is the only AI x Crypto thing I’m looking forwards to. Nice job @ilblackdragon

[David Shack @shackamoto]

News drop from the new shop @svrn_ai x @NEARProtocol

[SVRN @svrn_ai]

1/ Today we are sharing that SovereignAI's treasury now holds 53.9 million $NEAR, valued at ~$133M as of 11/13.

To reflect our full commitment to this new chapter, our company has begun trading on Nasdaq as $SVRN.

[sam.rise @sam_battenally]

If you're launching a chain, I have one piece of advice I can give unreservedly.

Use @flipsidecrypto. It just works.