NEAR jumped over 11% in 24 hours as protocol activity accelerated and a new governance proposal targeted token dilution. The rally pushed NEAR above $5, but resistance remains close.

  • NEAR Intents processed $10.41B in Q3 volume, up 66% QoQ and 891% YoY
  • House of Stake voters are considering reducing annual issuance from 2.5% to 1.6% over 24 months
  • $5.50 has rejected bulls more than five times; Bitwise’s Spot NEAR ETF recorded its first outflow since launching on September 29

LaunchBar take: this is a tokenomics catalyst backed by real usage, not just beta speculation. A clean break above $5.50 could trigger momentum; traders should watch ETF flows and governance voting before chasing.