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Altcoins● Neutral

NEAR proposal would cut token issuance by 36% and split validators

TradingGain NewsroomTradingGain Newsroom··23 Oct 2026, 04:10 UTC

NEAR validators are divided over HSP-029, a proposal that would gradually reduce the annual issuance cap by 36%. Tokens that are bought and held or staked would still count toward total supply. For traders, the outcome could change how new NEAR supply enters the market.

NEARAt the time of writing, NEAR Protocol traded at $4.93 (-3.37% in 24h).Live price →

Why it matters

  • The proposal would gradually lower the annual token issuance cap by 36%.
  • Tokens bought and held or staked would remain in total supply.
  • Validators are split on the change, so the outcome is still uncertain.

What to watch next

Watch for the decision on HSP-029 and how NEAR validators vote on the proposal.

NEARLive chartOpen full chart →
This brief is written by TradingGain from public reporting by CryptoSlate.Read original ↗
NEAR proposal would cut token issuance by 36% and split validators
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TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.