NEAR Protocol price falls 6.83 percent to 4.95 USD
Published on 10/23/2026 at 07:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSToken price falls as governance vote opens
- A House of Stake vote would lower NEAR annual issuance from 2.5 percent to 1.6 percent.
- NEAR Intents exceeded 32 billion USD in cumulative volume by October 6, 2026.
- The NEAR Protocol price stands at 4.95 USD as of October 23, 2026, 6.83 percent below the UTC daily close of October 22, 2026.
- The Bitwise NEAR fund recorded 48.7 million USD in initial inflows by September 30, 2026.
NEAR Protocol (NEAR) falls 6.83 percent to 4.95 USD as a governance proposal targets a lower annual token issuance rate. A vote on the proposal opened on October 21, 2026, according to Tokenpost.
Issuance proposal targets 1.6 percent
The House of Stake proposal would reduce NEAR's maximum annual issuance from 2.5 percent to 1.6 percent. It would retain a 90 percent allocation of new tokens to staking participants and 10 percent to the protocol treasury, according to Tokenpost. Staking means delegating tokens to validators that help secure the network in exchange for protocol rewards. The proposed change would require validator adoption through a separate network upgrade, so the governance vote alone would not alter the live issuance rate.
NEAR Intents passed 32 billion USD in volume
NEAR's network usage also produced a dated operating figure. The official NEAR Protocol Q3 report said cumulative NEAR Intents volume exceeded 32 billion USD by October 6, 2026, while cumulative fees exceeded 52 million USD. More than 8 million USD had been captured for buybacks, and lifetime fee capture stood at 16.4 percent, according to NEAR Protocol. The same report said the Bitwise NEAR ETF launched on September 29, 2026, and recorded 48.7 million USD in reported net inflows by the end of September, according to NEAR Protocol. These figures describe network activity and fund flows, not a guaranteed effect on the token price.
NEAR Protocol price reaches 4.95 USD
According to Investing.com, the NEAR Protocol price is 4.95 USD as of October 23, 2026, down 6.83 percent compared with the UTC daily close of October 22, 2026. The daily high is 5.33 USD and the daily low (UTC day) is 4.89 USD. Market capitalization is 6.47 billion USD, ranking NEAR 16th, while 24-hour volume is 972.18 million USD. Circulating supply is 1.31 billion NEAR.
NEAR Protocol by the numbers on October 23, 2026
- Cryptocurrency: NEAR Protocol
- Ticker: NEAR
- Price (as of October 23, 2026): 4.95 USD
- Change vs. UTC daily close of October 22, 2026: -6.83 percent
- Daily high / daily low (UTC day): 5.33 USD / 4.89 USD
- Market capitalization: 6.47 billion USD (rank 16)
- 24-hour volume: 972.18 million USD
- Circulating supply: 1.31 billion NEAR
