NEAR Protocol Joins Bitwise Large-Cap Crypto Indexes in October Rebalance
NEAR Protocol has been added to Bitwise's large-cap crypto indexes, replacing either UNI or AVAX depending on the benchmark.
NEAR Protocol has been added to Bitwise's large-cap crypto indexes, replacing either UNI or AVAX depending on the benchmark. NEAR Protocol (NEAR) is trading at ₹392 ($4.12), down 0.5% since this brief published. This is an original Token Times brief based on reporting by NewsBTC, with live market data added, as of Mon, 02 Nov 2026 10:15:02 UTC.
This inclusion highlights NEAR's growing prominence in the crypto market and could increase institutional exposure to the token through Bitwise's index products.
- NEAR Protocol enters Bitwise large-cap indexes in October rebalance
- Replaces UNI or AVAX in different index configurations
- NEAR's TVL is $118.28M, down 8.7% over the past week
- Market cap impact may be limited as index inclusion alone doesn't guarantee price effects
- NEAR Protocol Forecasted to Decline to $4.21 by October 2026
- NEAR Protocol Rejoins Bitwise 10 Crypto Index ETF
- NEAR Protocol Joins Bitwise Large-Cap Crypto Indexes in October Rebalance — this brief
Bitwise has announced that 
NEAR Protocol will be added to its large-cap crypto indexes in the October 30 rebalance, according to NewsBTC.
The inclusion of NEAR will replace either 
Uniswap (UNI) or 
Avalanche (AVAX) in different index configurations, reflecting NEAR's growing importance in the crypto ecosystem.
While this development could increase institutional exposure to NEAR through Bitwise's index products, the outlet cautions that index membership alone does not guarantee a price effect.
Currently, NEAR Protocol has a total value locked (TVL) of $118.28 million, representing a 7-day decline of 8.7%, according to DeFiLlama.
The broader crypto market remains relatively stable, with 
Bitcoin showing a modest 24-hour gain of 0.11% and the overall market cap at $2.69 trillion. The Fear & Greed Index stands at 37, indicating a 'Fear' sentiment.
Since this brief published about 1 hour ago, NEAR Protocol (NEAR) has moved from ₹393.64$4.14 to ₹391.74$4.12 — -0.48%.
The chart plots NEAR's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 NEAR ≈ ₹432.58 (about $4.12), down 6.3% over 24 hours. The rupee itself trades about 10.4% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 2, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
NEAR Protocol Joins Bitwise Large-Cap Crypto Indexes in Octo — questions & answers
What is the significance of NEAR joining Bitwise indexes?
It signifies growing recognition of NEAR's market presence and could lead to increased institutional investment through Bitwise's products.
Which tokens will NEAR replace in the indexes?
NEAR will replace either UNI or AVAX depending on the specific index configuration.
Will NEAR's price be affected by this inclusion?
While inclusion could increase exposure, Bitwise notes that index membership alone does not guarantee a price effect.
How much is 1 NEAR Protocol worth in rupee today?
About ₹432.58 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $4.12. The rupee price moves with both NEAR's US-dollar price and the USDT/INR rate; use our NEAR Protocol in rupee page for any amount.
Has NEAR Protocol's price moved since this brief was published?
NEAR is down 0.48% since this brief first published — trading at ₹392 ($4.12) now versus ₹394 ($4.14) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from NewsBTC. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.