NEAR Protocol proposes 30M token fund to cut inflation

NEAR Protocol proposes 30M token fund to cut inflation

NEAR co-founder Illia Polosukhin proposes a 30 million NEAR sovereign fund to finance validators and public goods while reducing inflation.

NEAR Price Struggles Below Key Resistance as Recovery Remains Uncertain

NEAR Protocol (NEAR) continues to trade under pressure despite showing early signs of stabilization after its recent correction. The cryptocurrency has managed to establish support near the $1.60 level following weeks of declines from its summer highs. While this has helped prevent a deeper sell-off for now, the overall technical outlook remains cautious as bearish market conditions continue to dominate. One of the biggest concerns for NEAR pric…

NEAR eyes $1.85 - Sovereign Fund proposal boosts bullish sentiment

Discover how NEAR is gaining momentum with a proposed Sovereign Fund and increased whale activity in the market.

NEAR Price Analysis: One Level Stands Between Bounce and Failure Altcoin News ETHNews

NEAR has given back the entire May-to-June rally and trades below its first Fibonacci level at $1.927. Buyers need a daily close above $1.927 before the current bounce carries any weight. A proposed 30 million NEAR sovereign fund and an updated Bitwise ETF filing are the catalysts behind the recent bid. RSI has stabilized near 43 without turning, and the recovery is running on thin volume. NEAR Protocol trades at $1.735 on the daily chart, up mo…

Illia Polosukhin floats NEAR sovereign fund to wean network from inflation

NEAR co-founder Illia Polosukhin has encouraged stakeholders of the network to consider a protocol fund for investment. It would hold NEAR tokens, earn yield, and spend some of that yield on security and other public goods. He posted the idea to the NEAR governance forum Monday with a timeline of two weeks for community members to share their input. Polosukhin calls for the community’s input “This is very much a proposal and not a mandate,” he w…

NEAR Price Outlook: Stablecoin Boom Fuels Recovery Hopes for Near Protocol

The post NEAR Price Outlook: Stablecoin Boom Fuels Recovery Hopes for Near Protocol appeared first on Coinpedia Fintech News NEAR Protocol is showing early signs of a comeback as strengthening on-chain fundamentals begin aligning with an improving technical setup. While the token remains well below its yearly highs, investors are increasingly focusing on what is happening beneath the surface rather than short-term price swings. Stablecoin liquid…