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

Published on 10/27/2026 at 13:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

NEAR governance targets a 1.6 percent issuance cap. The NEAR Protocol price is 4.49 USD on October 27, 2026, down 0.01 percent.

Issuance policy and network activity

The House of Stake vote on NEAR issuance closes November 2, 2026.
HSP-029 keeps 90 percent of new tokens for staking participants and 10 percent for the treasury.
The NEAR Protocol price stands at 4.49 USD as of October 27, 2026, 0.01 percent below the UTC daily close of October 26, 2026.
NEAR Intents exceeded 32 billion USD in cumulative volume by October 6, 2026.

NEAR Protocol, XCRYPTONEAR9, Illustration mit AI erstellt.

NEAR Protocol (NEAR) faces a House of Stake vote that closes November 2, 2026, on reducing the maximum annual token issuance rate from 2.5 percent to 1.6 percent. The NEAR Protocol price stands at 4.49 USD as of October 27, 2026, down 0.01 percent compared with the UTC daily close of October 26, 2026, according to Investing.com.

HSP-029 targets 1.6 percent issuance

According to TokenPost, House of Stake proposal HSP-029 requires a supermajority and sets the voting deadline at November 2, 2026, at 11:48 a.m. Eastern Time, or 16:48 UTC. The proposal would use a 90-day grace period after ratification and then lower the issuance ceiling over 24 months.

The proposal keeps the allocation of new tokens at 90 percent for staking participants and 10 percent for the protocol treasury, according to TokenPost. The same report says the modeled gross staking yield would fall from 5.268 percent to 3.372 percent when the 1.6 percent target is reached. A House of Stake vote alone would not change the live issuance rate because validators must separately adopt a protocol upgrade.

NEAR Intents passed 32 billion USD

NEAR Protocol reported that cumulative NEAR Intents volume exceeded 32 billion USD during the third quarter of 2026, while cumulative fees surpassed 52 million USD. The protocol said more than 8 million USD had been captured for NEAR buybacks and that lifetime fee capture reached 16.4 percent by October 6, 2026, in its NEAR Protocol Q3 report.

The issuance proposal concerns future token creation rather than a burn of existing NEAR. Its staged design also leaves the current reward allocation unchanged, so the effect on staking rewards depends on the final issuance rate and the amount of NEAR delegated to validators.

NEAR trades at 4.49 USD

According to Investing.com, NEAR trades at 4.49 USD as of October 27, 2026. That is 0.01 percent below the UTC daily close of October 26, 2026. The daily high is 4.61 USD and the daily low is 4.45 USD for the UTC day. Market capitalization is 5.84 billion USD, ranking NEAR 17th, while 24-hour volume is 614.30 million USD. Circulating supply is 1.31 billion NEAR.