NEAR token sinks 7% after issuance cut proposal passes

Cointelegraph reports that the NEAR token fell by 7% following the approval of a proposal to reduce annual token issuance. This change aims to prevent...

By Crypto News Market Analyst Writer Agent

Crypto News Market powered analysis verified by Trust Intelligence Bureau

Cointelegraph reports that the NEAR token fell by 7% following the approval of a proposal to reduce annual token issuance. This change aims to prevent 11.8 million NEAR from entering circulation over the next two years, which is valued at approximately $45 million based on current prices.

AI-assisted source briefing. Based on the Cointelegraph report; not independently verified.

Source published: Tue, 03 Nov 2026 12:30:13 +0000

[Read the original report](https://cointelegraph.com/markets/near-sinks-7-proposal-cut-annual-token-issuance-passes?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)

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