NEAR Protocol's governance approved proposal HSP-029 to reduce the network's maximum annual token issuance from 2.5% to 1.6%, a 36% cut phased in over 24 months following a 90-day grace period. This follows a previous reduction from 5% to 2.5% in 2025, signaling a continued effort to lower inflation and reduce dilution for non-stakers. Staking rewards are expected to decrease from about 5.27% to 3.37%, while the protocol treasury will receive fewer tokens due to the lower issuance. The next steps involve ratification by the Security Council and validator adoption of the upgrade to start the grace period.
NEAR Protocol's price on Pluang is Rp70.789, down 7.82% in the last day, showing notable market reaction. As of Nov 03, 2026 11:51 WIB, the token's market cap stands at Rp91.61 trillion with balanced order activity between buyers and sellers.
Bitway (BTW) led losses among the top 89 non-stablecoin cryptocurrencies, falling 13.82% to $0.909. Other significant drops included Zcash (ZEC) down 10.95%, NEAR Protocol (NEAR) down 10.79%, and Aave (AAVE) down 7.61%. Despite widespread declines, R...
At least 11 accounts on Hyperliquid saw over $1 million each in liquidations within 24 hours, totaling about $30.46 million. Long positions accounted for nearly 85% of the liquidations, resulting in $2.14 million in realized losses. Major liquidation...
NEAR Protocol (NEAR) experienced a sharp decline of 8.89% to $3.89 on November 2, marking the steepest drop among major cryptocurrencies in a broadly falling large-cap market. Other notable losers included Rain, Venice Token, and Ether.fi, while a fe...
NEAR governance approved a plan to reduce the maximum annual issuance of the NEAR token from 2.5% to 1.6%. This change aims to slow the rate at which new tokens enter circulation, potentially impacting staking rewards by lowering them. The plan inclu...
NEAR Protocol's price fell sharply by 7% to around $4.02 on November 2, 2026, breaking the key support level of $4.30. This decline was driven mainly by forced liquidations of long positions worth about $2.46 million in the futures market, accelerati...
