$NEAR Opens a Vote to Cut Token Issuance to 1.6%

NEAR $5.02 | 24h +4.3% | 7d -2.2% | MC $6.6B

🟢 Verdict: Bullish
Proposal HSP-029 would cut annual issuance to 1.6%, phased in over 24 months after a 90-day grace period. Validators still need to adopt a separate upgrade, but lower dilution is a clear long-term plus.

📊 Key levels
• Support: $4.86 (1-day average)
• Resistance: $5.10 (24h high), then $5.44 (weekly high)
• Trend: bouncing off the $4.63 24h low

🎯 Outlook
Expect a push toward $5.10 while NEAR holds above $4.86.

Not financial advice. DYOR.

$NEAR