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NEAR token jumps 11.3% amid rising trading and new ETF launch on NYSE Arca

Protocol Fundamentals
12 Oct 2026
Tokenpost
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Bullish
NEAR token jumps 11.3% amid rising trading and new ETF launch on NYSE Arca

NEAR Protocol's native token surged 11.3% on October 11, closing at $5.89 after increased weekend trading volumes between $803 million and $1.7 billion. The rise follows the launch of Bitwise's NEAR ETF (ticker NRR) on NYSE Arca on September 29, offering U.S. investors direct exposure to NEAR with a 0.75% management fee. Additionally, a governance proposal aims to reduce NEAR's maximum annual token issuance from 2.5% to 1.6% over 24 months, pending approval. NEAR Intents, a cross-chain liquidity protocol, has also achieved over $33 billion in volume across 36 chains, highlighting growing ecosystem activity.

NEAR Token's recent price surge is context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, 7 out of 50 rose today while 42 fell. Notable movers include AAVE at Rp2.878.842 with a 1-day change of -5.01%, GRT at Rp475 down 4.92%, and ONE at Rp34 down 4.61%, as of Oct 13, 2026 02:51 WIB.

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