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Project

NEAR Protocol

NEAR Protocol is a sharded layer-1 blockchain platform for building decentralized apps, using its native NEAR token for fees and staking.

Known aliases

  • NEAR
  • NEAR AI
  • near.com
  • NEAR token
  • NEARUSDT

Current stories

investOne report1 publisher

NEAR's $5.3 million in buybacks trails new issuance, Bitwise's research head concedes

Bitwise research head Ryan Rasmussen says NEAR's $5.3 million in buybacks since February do not yet offset new token issuance. He still backs NEAR and Hyperliquid on revenue, in an interview with Crypto Briefing.

Reality

Evidence35
Adoption50
Hype gap+30
Incentives70
Confidence55
investOne report1 publisher

Traders are closing bitcoin positions before a CPI print forecast at 3.6%

Bitcoin traded around $83,450 in the European morning as economists forecast US CPI inflation of 3.6%, up from 3.4%. CoinDesk reported open interest in bitcoin is down 3.5% as positions are closed ahead of the print.

Publishers:coindesk.com

Reality

Evidence62
Adoption
Not scored
Hype gap+10
Incentives
Not scored
Confidence60
investOne report1 publisher

Bitwise's $155.85 NEAR target needs 328 million AI agents making 1,000 transactions each a year

Bitwise CIO Matt Hougan puts NEAR at $155.85 by 2030, a 40-fold gain, on a model of 328 million AI agents making 1,000 transactions a year. The base case is built on agent payments alone, yet Hougan says existing chain activity backstops the token if agentic finance fails.

Reality

Evidence30
Adoption2
Hype gap+55
Incentives70
Confidence55
investOne report1 publisher

NEAR futures open interest has grown to about a quarter of the token's market cap

NEAR futures open interest rose 19.16% to $1.95 billion as the token neared $6, CoinGlass data cited by crypto.news showed. The contracts equal about 25.5% of the token's $7.65 billion market cap, though price alone explains much of the increase since August.

Publishers:crypto.news

Reality

Evidence55
Adoption
Not scored
Hype gap+25
Incentives
Not scored
Confidence60
investOne report1 publisher

Small tokens outrun majors on order books that have kept thinning since the October 2025 crash

Net outflows from U.S. spot bitcoin ETFs reached $681 million last week, according to SoSoValue, their highest since June. Small tokens rallied through it, and CoinDesk research says their order books are still thinning.

Publishers:coindesk.com

Reality

Evidence58
Adoption
Not scored
Hype gap+10
Incentives
Not scored
Confidence60
investOne report1 publisher

NEAR futures open interest is 27 times the yearly value of its proposed issuance cut

NEAR is up 135% in 30 days at about $5.16, with $1.63 billion of futures open interest and a proposal to cut annual issuance from 2.5% to 1.6%. At that price the cut would withhold about $61 million of new tokens a year, a small sum beside the leveraged positions.

Publishers:crypto.news

Reality

Evidence45
Adoption
Not scored
Hype gap+15
Incentives
Not scored
Confidence40
investOne report1 publisher

Bitwise's staked NEAR ETF gathers $58 million in three days, 61% of it on the first

Bitwise's NRR, the first U.S. spot NEAR ETF, gathered about $58 million in its first three sessions, according to a Bankless tally of daily flows. Inflows shrank each day, so the coming weeks will test whether Bitwise's AI pitch for NEAR finds buyers after the launch.

Publishers:bankless.com

Reality

Evidence55
Adoption30
Hype gap+25
Incentives85
Confidence55
investConfirmed4 publishers

NEAR Intents recovers all $3.8 million lost to a bug in its deposit-and-withdrawal layer

NEAR Intents got back all $3.8 million drained through a bug between its Omni deposit-and-withdrawal layer and its contract, after encrypted talks. Whether that layer is safe now rests on the patch, since every user who lets the protocol choose a bridge depends on it.

Perspective Coverage

4 publishers
Builder
Builder 31%
Operator
Operator 45%
Investor
Investor 24%

Reality

Evidence74
Adoption55
Hype gap+15
Incentives60
Confidence72
investConfirmed5 publishers

Attacker drains $3.8 million from Near Intents via bug in Omni deposit and withdrawal layer

Near Intents halted its cross-chain swap service after a bug in its Omni deposit layer let an attacker take about $3.8 million. Crypto balances carry no deposit insurance, so affected users are relying on the operator's promise to repay them in full.

Perspective Coverage

5 publishers
Builder
Builder 23%
Operator
Operator 44%
Investor
Investor 33%

Reality

Evidence70
Adoption55
Hype gap+15
Incentives60
Confidence65
investConfirmed4 publishers

NEAR Intents turned away about $50 million of Bitget loot that the hackers routed elsewhere

NEAR Intents' SHIELD layer refused all but $166,000 of a $50 million-plus attempt by Bitget's hackers. That makes screening policy the clearest difference between NEAR and THORChain. Each protocol carries a different exposure because of it.

Perspective Coverage

4 publishers
Builder
Builder 36%
Operator
Operator 35%
Investor
Investor 29%

Reality

Evidence58
Adoption35
Hype gap+25
Incentives66
Confidence58
investOne report1 publisher

NEAR's plan to cut issuance to 1.6% costs stakers about a point of real yield

NEAR Protocol is weighing a cut in maximum issuance from 2.5% to 1.6% over 24 months, keeping about 66 million NEAR, some $329 million, off the market. Projected staking yield would fall from about 5.4% to 3.5%, a bigger drop than the dilution stakers escape.

Reality

Evidence45
Adoption
Not scored
Hype gap+20
Incentives
Not scored
Confidence45
investConfirmed4 publishers

Bitwise's first US spot NEAR ETF keeps two-thirds of the network's 5% staking reward for holders

Bitwise's NRR, the first US spot NEAR ETF, stakes its tokens and keeps about 67% of a roughly 5% reward rate for shareholders. After the 0.75% fee, that comes to roughly 2.6% a year in extra tokens, just above NEAR's 2.5% inflation.

Perspective Coverage

3 publishers
Builder
Builder 8%
Operator
Operator 20%
Investor
Investor 72%

Reality

Evidence60
Adoption
Not scored
Hype gap+40
Incentives75
Confidence65
investConfirmed2 publishers

Bitwise's fully staked NEAR fund clears NYSE Arca and the SEC for a U.S. listing

Bitwise's NEAR ETF, ticker NRR, cleared NYSE Arca and the SEC on September 24 to list with 100% of its tokens staked, for a 0.75% annual fee. Holders only beat plain price exposure if staking rewards beat that fee, and one listing tells us less about SEC policy on staking than it appears to.

Reality

Evidence62
Adoption
Not scored
Hype gap+30
Incentives60
Confidence60
investOne report1 publisher

NEAR Gains $1.26bn in Market Value After Confidential Futures Launch as Deposit Pool Reaches $70m

Crypto Briefing reports NEAR's token rose from about $2.34 to $3.60 after its confidential futures product launched on Hyperliquid's engine, and the same account's price and market cap figures imply different gains.

Reality

Evidence20
Adoption28
Hype gap+55
Incentives72
Confidence42

Earlier coverage