NEAR issuance proposal targets 1.6 percent: What it means for the NEAR Protocol price

Published on 10/20/2026 at 07:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

A House of Stake draft keeps the 90/10 split while emissions change gradually. The NEAR Protocol price is 4.69 USD on October 20, 2026, down 3.32 percent.

Tokenomics and institutional flows

On October 7, 2026, House of Stake proposed a 24-month reduction in maximum annual NEAR issuance from 2.50 percent to 1.60 percent.
U.S. spot NEAR ETFs recorded 2.61 million USD of net inflows on October 16, 2026.
The NEAR Protocol price stands at 4.69 USD as of October 20, 2026, 3.32 percent below the UTC daily close of October 19, 2026.
NEAR's MPC network had 17 live mainnet operators on October 15, 2026.

NEAR Protocol, XCRYPTONEAR9, Illustration mit AI erstellt.

NEAR Protocol (NEAR) is covered by a House of Stake proposal dated October 7, 2026, that targets a reduction in maximum annual issuance from 2.50 percent to 1.60 percent over 24 months, according to NEAR Forum. The NEAR Protocol price is 4.69 USD as of October 20, 2026, down 3.32 percent compared with the UTC daily close of October 19, 2026, according to Investing.com. U.S. spot NEAR ETFs recorded 2.61 million USD of net inflows on October 16, 2026, according to TokenPost.

House of Stake sets a 24-month ramp

The HSP-029 proposal would lower NEAR's maximum annual protocol issuance from 2.50 percent to a 1.60 percent target through a smooth per-epoch ramp over 24 months, while retaining a 90 percent to 10 percent split between staking participants and the treasury, the NEAR Forum proposal says. The document also describes a 90-day grace period before the first reduction. A House of Stake vote alone would not change the live protocol parameter; validators would still need to adopt the change through the standard upgrade process, according to NEAR Forum.

Bitwise ETF adds 2.61 million USD

TokenPost, citing SoSoValue data, reported that the Bitwise NEAR ETF recorded the category's 2.61 million USD inflow on October 16, 2026, its second consecutive day of inflows. Cumulative net inflows for the product reached 83.05 million USD, while its total net assets were 82.36 million USD, according to TokenPost. Separately, NEAR said on October 15, 2026, that its multi-party computation network had 17 live mainnet operators. Multi-party computation splits signing-key control across operators, and NEAR said the network can fund up to 21 operators under the program, according to NEAR.

NEAR trades at 4.69 USD

The NEAR Protocol price is 4.69 USD as of October 20, 2026, down 3.32 percent compared with the UTC daily close of October 19, 2026, according to Investing.com. The daily high is 5.06 USD and the daily low (UTC day) is 4.63 USD. Market capitalization is 6.15 billion USD, ranking NEAR 16th, while 24-hour volume is 759.39 million USD. Circulating supply is 1.31 billion NEAR, according to Investing.com.