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NEAR Protocol Tokenomics Overhaul Catapults The Crypto Coin 10% Higher
NEAR Protocol is climbing as the market weighs a major tokenomics overhaul designed to reduce token inflation and ease long-term selling pressure.
The NEAR rally follows crypto governance approval of a proposal to lower the network's annual issuance ceiling from 2.5% to 1.6% over two years. The proposal, known as HSP-029, passed with overwhelming support from NEAR's House of Stake. It would gradually reduce the number of new tokens entering circulation, potentially strengthening the supply outlook as the network expands.
NEAR Plans to Take Millions of Tokens Out of Future Issuance NEAR Protocol's (@NEARProtocol) $NEAR House of Stake has approved a proposal to reduce maximum annual token issuance from 2.5% to 1.6%. The change will roll out gradually over 24 months, reducing the issuance ceiling… pic.twitter.com/pmPOUrWhoI — BSCN (@BSCNews) November 4, 2026 The move comes as NEAR Protocol seeks to turn its growing ecosystem activity into stronger value for token holders. With issuance cuts, cross-chain infrastructure, and renewed trading interest converging, we are watching if NEAR can sustain its latest breakout.
