NearNEAR

A proof-of-stake blockchain whose main product, NEAR Intents, settles swaps across many chains.

Rank #20Since April 2020
Price on 31 Oct 2026
C$6.19 +165.1% since 31 Jul 2026 · 75.9% below its all-time high

The short version

NEAR is a proof-of-stake blockchain whose main activity is NEAR Intents, a network that settles swaps across many chains. The Swiss-based NEAR Foundation supports it; co-founder Illia Polosukhin co-wrote the Transformer paper behind modern AI models. A holder vote to cut maximum issuance from 2.5% to 1.6% a year closes on 2 Nov 2026. On 31 Oct 2026 one NEAR cost C$6.19. From 31 Jul 2026 to 31 Oct 2026 its price changed +165.1% in Canadian dollars, and it was 75.9% below its all-time high of C$25.63 set on 16 Jan 2022.[1]

Checked 31 Oct 2026 · 12 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$8.41 (12 Oct 2026) · low C$1.31 (12 Feb 2026) · +110.6%[1]

Month-end prices (table)
DateC$US$
31 Oct 2026C$6.18US$4.43
30 Sep 2026C$6.96US$4.89
31 Aug 2026C$2.52US$1.82
31 Jul 2026C$2.35US$1.68
30 Jun 2026C$2.64US$1.86
31 May 2026C$3.11US$2.25
30 Apr 2026C$1.80US$1.33
31 Mar 2026C$1.62US$1.16
28 Feb 2026C$1.49US$1.09
31 Jan 2026C$1.78US$1.32
31 Dec 2025C$2.07US$1.51
30 Nov 2025C$2.60US$1.85

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026
C$6.19[1]
3-month change
+165.1% in C$ (31 Jul 2026 to 31 Oct 2026)[1]
From its high
75.9% below its high of C$25.63 (16 Jan 2022)[1]
Market rank
#20, market value about C$8.1B[1]
Kind
Native coin · NEAR Protocol (its own network)
Started
April 2020

Checks: the same 9 questions for every coin

Facts, not a rating
Can an admin key create new coins?NoNew NEAR come from protocol issuance capped at 2.5% a year; changes need validator-adopted upgrades[2, 3]
Can anyone freeze or take coins from holders?NoThe protocol has no function to freeze or seize NEAR[4]
Can the token's contract code be changed?Not applicableRuns on its own blockchain; its rules change only through network upgrades
Is the supply capped?NoNo maximum supply; issuance up to 2.5% a year[2]
Any scheduled unlocks in the next 12 months?NoNo vesting left; DefiLlama shows no locked NEAR[5]
Does a team or foundation hold over 10% of supply?Not disclosedGenesis shares for team and backers not verified; foundation treasury unpublished[4]
Do network fees reach coin holders?YesIntents revenue funds NEAR buybacks (US$7.47M a year); chain fees are burned[6]
Main network hacked or halted in the past 2 years?NoNo NEAR chain exploit or halt found; an Intents app contract lost US$3.8M, returned[7]
Is a regulator or court case targeting the coin itself?NoNo enforcement found; Bitwise's US NEAR ETF began trading 29 Sep 2026[8]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Run by
NEAR Foundation (Zug, Switzerland); protocol engineering by Nearone and other teams[4, 2]
Founders
Illia Polosukhin, co-author of the Transformer paper, and Alexander Skidanov; backers include a16z and Pantera[4]
Staking
597.85M NEAR (45.7%) staked with 410 validators on 15 Oct 2026[9]

Supply

In circulation
1.31B NEAR[1]
Maximum supply
None set[1]
Supply
About 1.305B NEAR, about 100% circulating; no maximum supply[5]
New coins
Issuance capped at 2.5% a year since late Oct 2025, cut from 5%[2]
Issuance vote
HSP-029 would cut maximum issuance to 1.6% over 24 months; voting closes 2 Nov 2026[3]

Use and fees

Main use
NEAR Intents, a cross-chain swap network: US$53.8M of fees in the past year[6, 10]
Network fees
US$1.21M on the NEAR chain itself in the past year; apps took US$59.3M[6]
Who gets fees
Intents revenue buys NEAR (US$7.47M per DefiLlama); chain revenue of US$0.85M is burned[6]

Trading

Daily trading
About C$924.0M a day on average, 31 Jul 2026 to 31 Oct 2026[1]
Daily turnover
Typically 12.20% of its market value changes hands each day[1]
20-week average
56.0% above its 20-week average price[1]
1-year change
+108.2% in C$[1][11]

History

Not a forecast

Coins ranked 11-50 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 1,080 cases, 157 coins

46% were higher a year later[12]

Typical result
Median -6% after a year; 61% higher after two years
Lost half or more
25% within a year
Against Bitcoin
12% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

No red flags found
  • Voting on HSP-029, which would cut maximum issuance from 2.5% to 1.6% over 24 months, closes on 2 Nov 2026.[3]
  • A NEAR Intents contract bug let about US$3.8M be drained around 1 Oct 2026; the funds were returned on 2 Oct.[7]
  • Bitwise's NEAR ETF (NRR) began trading on NYSE Arca on 29 Sep 2026.[8]

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates