Top latest NEAR Protocol news:
NEAR inflation will fall to 1.6%: The community has approved proposal HSP-029 with near-unanimous support (99.97% of votes). The token’s maximum annual issuance will gradually decrease from 2.5% to 1.6% over the next two years, significantly reducing selling pressure in the market.
Q3 records: The volume of cross-chain transactions via NEAR Intents technology reached an impressive $10.4 billion for the quarter. Rising activity is increasing fee burns, reinforcing NEAR’s deflationary model.
v2.14.0 hard fork: Major exchanges (including Bybit) confirmed their technical readiness for the scheduled network upgrade.
Price reaction: Amid a broader correction in the crypto market, NEAR dipped locally to the $3.80–$4.12 range. However, analysts consider the coin’s fundamentals (driven by its AI focus and declining issuance) among the strongest for a quick rebound.