NEAR Protocol

NEAR · Layer-1
Checked
Oct 11 2026
The big picture
6.5 / 10Total score0510
Supply + DemandMax. 10
Hold NEAR? We'll warn you first.
Free · 2 coins

Coming next

No single dated event in the next 90 days.

Metric 1 of 3

NEAR · Coin Supply

Stakers get new NEAR every epoch. The burn is tiny.

2.5 / 5Moderate
Age6.0 yearssince Oct 2020
Unlocked100%of total supply
Last 90 days+0.61%new supply
Next 90 days+0.61%estimate

NEAR runs the NEAR Protocol chain: 1.31B coins circulate and all are unlocked. New NEAR pays stakers; gas fees are burned.

Sell pressure. Staking rewards are the only new supply: 8.01M NEAR in 90 days, 10% of it to the protocol treasury. Nothing vests, and team wallets already count as circulating.

Buy pressure. The gas burn destroyed 66.1K NEAR. Buybacks keep the coins they buy, so they remove nothing.

Net. Net, supply grows about 0.61% in 90 days, and the same next.

Inflation
Last 90 Days
+0.61%
checked · Oct 1 2026
Net flow: 0.61% of supply goes to market over 90 days
Next 90 Days
+0.61%
estimate
Net flow: 0.61% of supply goes to market next 90 days
Supply growing · projected to keep growing
Sell pressure
1. Protocol inflation
~8.01M NEAR

New NEAR is created at the start of every epoch, about every 7.4 hours, at up to 2.5% of supply a year. Over 294 epochs this window it came to 8,005,124 NEAR, about 26,500 each time: 90% to validators and their stakers, 10% (804,749 NEAR) to the protocol treasury. Validators with poor uptime lose part of their share, so the real rate ran just under 2.5%.

checked · Oct 1 2026
2. Vesting unlocks
0

Nothing is left to vest. The founding team has said the supply is fully unlocked, and circulating supply equals total supply, so old lockup contracts hold coins that already count as circulating.

checked · Oct 1 2026
3. Foundation + unscheduled unlocks
0

Tracked team holders: the protocol treasury (1.25M NEAR, up 804,749 this window from its 10% cut), the Foundation's payments wallet (14,248 NEAR) and an older Foundation wallet that paid out 309,000 NEAR this window. A Sovereign Fund built from the treasury (about 30M NEAR, counting staked coins) is only being discussed. All of these coins already count as circulating, so moving them adds nothing new.

checked · Oct 1 2026
4. Long-term locked or bankruptcy
0

No estate, trustee or court payout holds NEAR. The new US fund buys its NEAR on the open market, so those coins were already in the float.

checked · Oct 1 2026
Buy pressure
1. Programmatic buyback
0

Fees from NEAR Intents, the cross-chain swap service, buy NEAR on the open market. Three buyback wallets went from 2.46M to 3.66M NEAR this window (+1.20M), but the coins are held, not destroyed, and they still count as circulating. If those wallets ever sell, the outflow will show up here as sell pressure.

checked · Oct 1 2026
2. Protocol fee burn
~66.1K NEAR

Gas fees are destroyed as they are paid, except the 30% of contract execution gas that goes to the contract's owner. Supply read at every epoch edge gives 66,109 NEAR burned in 90 days, about 735 a day, and the burn sped up late in the window as blocks got busier. An approved change to burn 100% of gas is in testing, with no mainnet date yet.

checked · Oct 1 2026
3. Foundation buy
0

No announcement or on-chain flow this window shows the Foundation or the treasury buying NEAR; the buying is done by the buyback wallets above.

checked · Oct 1 2026
4. New long-term lock
0

About 551.0M NEAR is staked with 408 validators, around 42% of supply, and the new US fund stakes all of its NEAR. Staked NEAR still counts as circulating, so more staking takes nothing out of the float.

checked · Oct 1 2026
Supply check · sell, buy & net
 
Last 90D
Next 90D
Sell total (M NEAR)
8.005
8.005
Buy total (M NEAR)
0.066
0.066
Sell % of circ
+0.612%
+0.612%
Buy % of circ
+0.005%
+0.005%
Net inflation %
+0.607%
+0.607%
Circulating supply: 1307.794M NEAR
Read the full Inflation Analysis
NEAR: 2.5% new coins a year for stakers, and a gas burn that takes back less than 1% of them.
Long-form mechanism walk. ~5 min.
Metric 2 of 3

NEAR · Coin Demand

Two sides: how much people want NEAR right now, and how much buying could come later.

4 / 5Strong

Current demand2.5 / 2.5

This part is based on social media. It shows how hot NEAR is right now. A better rank means more people are talking about it.

NEAR on social mediaIts rank among the 110 coins we follow · last 12 months · #1 = most talked about
#11 · Oct 1 2026

Today, people are talking about NEAR for two reasons:

  1. 1
    NEAR entered the top 20 coins by market value.

    On Oct 8 2026 NEAR moved into the top 20 after rising about 138% in 30 days, with a market value near $7.2 billion. It then fell about 16% the next day with the wider market and climbed back to about $5.30 by Oct 10 2026. People ask whether this rally can last.

  2. 2
    Bitwise published a plain-English report on NEAR.

    On Oct 7 2026 the fund manager Bitwise put out a research note on NEAR. It says NEAR Intents, its cross-chain trading tool, has handled more than $30 billion in total volume across 35+ blockchains. People ask whether this volume will turn into steady fees for the network.

Checked Oct 10 2026

Metric 3 of 3

NEAR · Price DriversBeta

The few things that can move NEAR's price that supply and demand miss.

1 · NEAR Intents

New
More swaps via NEAR → price upnowSwap volume fades → price down
01234520252026+4.8 $B
01234520252026+4.8 $B

Intents swaps hit a record $4.8B in Sep 2026

Data
PeriodValue
Apr 2026$1.9B
May 2026$2B
Jun 2026$2.35B
Jul 2026$2.21B
Aug 2026$2.78B
Sep 2026$4.8B
Checked Oct 10 2026

2 · NEAR ETFs

New
ETFs draw buyers → price upnowETF demand flops → price down
  1. Jan 2026Grayscale files ETF
  2. Jul 31 2026Bitwise S-1 update
  3. Sep 24 2026SEC clears Bitwise ETF
  4. Sep 29 2026NRR ETF starts trading
  5. Today
    No date yetGrayscale ETF decision

First US spot NEAR ETF began trading on Sep 29 2026

Data
DateWhat happened / what is coming
Jan 2026Grayscale files ETF
Jul 31 2026Bitwise S-1 update
Sep 24 2026SEC clears Bitwise ETF
Sep 29 2026NRR ETF starts trading
No date yetGrayscale ETF decision (coming)
Checked Oct 10 2026

Should you buy NEAR? Questions about NEAR

Should I enter NEAR Protocol right now?

By the law of supply and demand, NEAR Protocol's long-run signal is mixed (Oct 11 2026, score 6.5/10). New supply: +0.61% in the next 90 days. Demand: strong (4/5). NEAR Protocol's price drivers: 2 ▲ price up, 0 ▼ price down.

NEAR or Sui: which one has the better setup?

NEAR scores 6.5/10 on Oct 10 2026, ahead of Sui at 4.5/10. NEAR adds +0.61% new supply in 90 days vs +1.20% for Sui, and its demand reads strong (4/5) vs Sui's modest 2.5/5. Both have 2 price drivers pointing up. By supply and demand, NEAR Protocol's long-run signal is mixed today.

Is there a NEAR ETF yet, and what does it change?

Yes. The first US spot NEAR ETF began trading on Sep 29 2026, 11 days ago. A fund like this adds a steady buyer, which helps demand, now strong at 4/5. Grayscale's NEAR ETF still waits, with no decision date yet. Supply and demand still read mixed for NEAR Protocol in the long run.

Can NEAR Protocol reach $1,000?

At $1,000, NEAR Protocol would be worth about $1.31 trillion in total — about 209 times its $6.26B market cap today (Oct 11 2026, about $4.79 a coin). NEAR Protocol's supply also grows +2.46% in the next year, so every extra coin needs buyers too. For NEAR Protocol, the supply-and-demand signal is mixed right now.

Should I sell NEAR Protocol or hold?

NEAR Protocol's signal is mixed for now. NEAR Protocol's signal would turn if new supply keeps arriving (+0.61% in 90 days), or demand falls from strong. The next date on NEAR Protocol's calendar: No date yet — Grayscale ETF decision.

Is NEAR Protocol worth investing in for the long term?

NEAR Protocol sits at 6.5/10 today (Oct 11 2026): supply 2.5/5, demand 4/5. One more year adds +2.46% to NEAR Protocol's supply. Long-run signal: mixed.

When is a good time to buy NEAR Protocol?

By the law of supply and demand, the better time to add NEAR Protocol is when its new supply is low, demand is high and its price drivers point up. NEAR Protocol today: +0.61% new supply in 90 days (moderate), demand strong (4/5), drivers 2 ▲ / 0 ▼.

What could push NEAR Protocol's price up or down?

Right now 2 things drive NEAR Protocol's price (2 ▲, 0 ▼). ▲ NEAR Intents: Intents swaps hit a record $4.8B in Sep 2026 ▲ NEAR ETFs: First US spot NEAR ETF began trading on Sep 29 2026

Is NEAR Protocol a better investment than Bitcoin?

Side by side on Oct 11 2026: NEAR Protocol at 6.5/10 with a mixed signal, Bitcoin at 8.5/10 with a positive signal. By supply and demand, NEAR Protocol is the weaker of the two.

Every answer here applies basic economic theory — the law of supply and demand — to this coin's data. It is not financial advice. How we read every coin →

How does MrNasdog judge every coin, and why is +0.61% shown in red?

We look at two things, half each: supply and demand. Fewer new coins mean less selling pressure. A meme coin scores 1.5 at most on supply: its team got its coins for free, so no new supply does not make it safe. We also show each coin's age, with a warning when it is younger than 1 year. Demand looks at how much people want the coin now and how much buying could come later. Price Drivers (Beta) are the 2 or 3 things that can move one coin's price that supply and demand miss; they have no score. NEAR supply grows +0.61% in the next 90 days, so it shows in red: more NEAR reaches the market than is removed. Zero or falling supply is always green, any growth is red.

What do Watch NEAR alerts cover?

One email before each big supply event, and the day our verdict changes. Nothing else. You can watch 2 coins for free.

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