NEAR issuance vote closes November 2: What it means for the NEAR Protocol price

Published on 10/29/2026 at 13:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The proposal would cut annual issuance from 2.5 percent to 1.6 percent. The NEAR Protocol price is 4.6034 USD on October 29, 2026, up 2.00 percent.

Governance and network activity

NEAR governance is considering a 1.6 percent issuance ceiling, with the vote closing on November 2, 2026.
NEAR Intents recorded more than 32 billion USD in cumulative volume during the third quarter of 2026.
The NEAR Protocol price stands at 4.6034 USD as of October 29, 2026, 2.00 percent above the UTC daily close of October 28, 2026.
More than 750,000 NEAR was staked for confidential artificial intelligence inference in the third quarter of 2026.

NEAR Protocol, XCRYPTONEAR9, Illustration mit AI erstellt.

NEAR Protocol (NEAR) faces a governance vote to cut maximum annual issuance from 2.5 percent to 1.6 percent, with the ballot closing November 2, 2026. The NEAR Protocol price is 4.6034 USD as of October 29, 2026, up 2.00 percent compared with the UTC daily close of October 28, 2026, according to Investing.com.

The proposal was reported by TokenPost on October 21, 2026. House of Stake proposal HSP-029 would lower the maximum annual issuance rate from 2.5 percent to 1.6 percent, while retaining the current allocation of 90 percent of new tokens to staking participants and 10 percent to the protocol treasury.

Issuance vote sets a November 2, 2026 deadline

TokenPost reported that the proposed change includes a 90-day grace period after ratification and a gradual reduction over 24 months. The proposal models gross staking yield falling from 5.268 percent to 3.372 percent at the target issuance rate, based on the staking ratio used in the proposal.

A House of Stake approval would not change the issuance rate by itself. According to CryptoSlate, validators would need to adopt a separate network upgrade before the lower ceiling could take effect. The protocol configuration still showed a 2.5 percent maximum annual issuance rate on October 22, 2026.

NEAR Intents passes 32 billion USD in Q3

NEAR's network activity included more than 32 billion USD in cumulative NEAR Intents volume during the third quarter of 2026, according to the NEAR Protocol update dated October 19, 2026. The same update said cumulative fees exceeded 52 million USD and more than 8 million USD had been captured by NEAR for buybacks as of October 6, 2026.

A separate report by Nansen said NEAR processed approximately 68.0 million transactions during the third quarter of 2026 and averaged approximately 79,300 daily active signer addresses. More than 750,000 NEAR had been staked for confidential inference, a process that uses staked tokens to access artificial intelligence computing services.

NEAR market data shows 5.98 billion USD capitalization

According to Investing.com, NEAR trades at 4.6034 USD as of October 29, 2026. It is 2.00 percent above the UTC daily close of October 28, 2026, with a daily high of 4.6208 USD and a daily low of 4.3918 USD during the UTC day. Market capitalization is 5.98 billion USD, ranking NEAR 16th, while 24-hour volume is 610.47 million USD and circulating supply is 1.31 billion NEAR.