NEAR Jumps 11% on Bitwise Q3 Report and Proposal to Cut Issuance
- —NEAR Intents Q3 volume hit $10.41 billion, up 66% QoQ and 891% YoY
- —Proposal would cut NEAR issuance from 2.5% to 1.6% over 24 months
- —Spot NEAR ETF NRR logged its first outflow of $2.54 million since launch
- —Resistance at $5.50 has held for over a month; trend intact above $4.50
Why it matters: Lower issuance would tighten NEAR's tokenomics, but the first ETF outflow could cap a break above $5.50.
Source: AMBCrypto
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