NEAR Intents tops 32 billion USD: What it means for the NEAR Protocol price

Published on 10/23/2026 at 18:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

NEAR captured 16.4 percent of lifetime fees by October 6, 2026. The NEAR Protocol price is 4.95 USD on October 23, 2026.

Token use and issuance debate

NEAR Intents surpassed 32 billion USD in cumulative volume in the October 19, 2026, report.
Lifetime fee capture reached 16.4 percent on October 6, 2026.
The NEAR Protocol price stands at 4.95 USD as of October 23, 2026, 6.83 percent below the UTC daily close of October 22, 2026.
A governance proposal dated October 7, 2026, targets a reduction in annual issuance from 2.5 percent to 1.6 percent.

NEAR Protocol, XCRYPTONEAR9, Illustration mit AI erstellt.

NEAR Protocol (NEAR) reported more than 32 billion USD in cumulative NEAR Intents volume in a report published on October 19, 2026. The NEAR Protocol price is 4.95 USD as of October 23, 2026, down 6.83 percent compared with the UTC daily close of October 22, 2026, according to Investing.com.

NEAR Intents passed 32 billion USD in volume

According to NEAR Protocol, cumulative NEAR Intents volume surpassed 32 billion USD in the third-quarter report published on October 19, 2026. NEAR Intents is a cross-chain service that routes swaps and other transactions between blockchain networks. The report said cumulative fees exceeded 52 million USD and that more than 8 million USD had been captured for NEAR buybacks.

The same report said NEAR Intents volume increased 45 percent from the second quarter, while the native near.com interface processed 2.57 billion USD in third-quarter volume. It also reported that more than 5 million NEAR had been staked through the platform and that more than 750,000 NEAR had been staked for confidential artificial-intelligence inference.

Fee capture reached 16.4 percent by October 6

TokenPost reported on October 21, 2026, that NEAR's lifetime share of Intents fees reached 16.4 percent by October 6, 2026, compared with 11.5 percent in the second-quarter comparison. The report also put the more recent 30-day fee-capture rate at 28.4 percent, below the earlier 30.5 percent measure.

Tokenomics remain under discussion. A House of Stake governance discussion dated October 7, 2026, described a proposal to reduce maximum annual NEAR issuance from 2.5 percent to a 1.6 percent target through a 24-month ramp. The proposal retains a 90 percent allocation of issuance to staking participants and 10 percent to the treasury.

NEAR trades at 4.95 USD on October 23

NEAR trades at 4.95 USD as of October 23, 2026, down 6.83 percent compared with the UTC daily close of October 22, 2026, according to Investing.com. The daily high is 5.33 USD and the daily low is 4.89 USD for the UTC day. Investing.com reports a market capitalization of 6.47 billion USD, ranking NEAR 16th, and 24-hour volume of 972.18 million USD. Circulating supply is 1.31 billion NEAR.