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NEAR Protocol Launches Privacy-Focused Hackathon Track

NEAR Protocol has introduced a new hackathon track emphasizing privacy and AI, aiming to spur innovation in these areas.

NEAR Protocol has introduced a new hackathon track emphasizing privacy and AI, aiming to spur innovation in these areas. NEAR Protocol (NEAR) is trading at ₹413 ($4.34), down 0.2% since this brief published. This is an original Token Times brief based on reporting by Coinfomania, with live market data added, as of Sat, 31 Oct 2026 03:00:02 UTC.

Why it matters

The initiative could drive developer engagement and innovation in privacy and AI on the NEAR blockchain, potentially boosting its ecosystem and market position.

Key takeaways
  • NEAR Protocol announced a privacy and AI-focused hackathon track.
  • NEAR's TVL is $118.83M, down 13.2% over the past week.
  • NEAR price rose 9.22% in the last 24 hours despite the broader market's Fear & Greed index at 30.

NEAR Protocol has announced a new hackathon track that focuses on privacy and AI, aiming to foster innovation and attract developers to its ecosystem.

This move comes as NEAR's Total Value Locked (TVL) stands at $118.83 million, marking a 13.2% decrease over the past week, according to DeFiLlama.

The announcement has garnered attention amid a broader market context where the total crypto market cap is $2.67 trillion, with Bitcoin up 1.06% in the last 24 hours.

Despite the overall market sentiment being in the 'Fear' zone with a Fear & Greed index of 30, NEAR's price has increased by 9.22% in the last day, reaching $4.35.

The hackathon track's focus on privacy and AI could be a strategic move to differentiate NEAR in the competitive smart contract platform landscape and address growing concerns around data privacy and AI integration in blockchain.

Market reaction since this brief Live

Since this brief published about 2 hours ago, NEAR Protocol (NEAR) has moved from ₹413.57$4.35 to ₹412.62$4.34 — -0.23%.

$4.34$4.34$4.34$4.35$4.35 published · $4.35 now · $4.34 (-0.23%) Oct 31 01:11 UTC Oct 31 03:00 UTC
BeforeSince publishPublished · ₹413.57$4.35

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.

What this means in rupee

At today's peer-to-peer rate, 1 NEAR ≈ ₹449.73 (about $4.34), up 7.0% over 24 hours. The rupee itself trades about 9.0% 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 asset in this story — live, source-stamped, updated every 15 minutes.

₹412.62$4.34 ▲ 7.04%
-0.23% since this brief published
7d -5.84%MCap ₹540.56BFull NEAR data →
The market when this published · October 31, 2026
Total market cap₹253.81T
Bitcoin 24h+1.06%
Ethereum 24h+2.65%
BTC dominance58.2%
Fear & Greed30 · Fear
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 31, 2026.

NEAR TVL$118.83M-13.2% 7dDeFiLlama ↗
Bitcoin DeFi TVL$6.10BDeFiLlama ↗

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 Launches Privacy-Focused Hackathon Track — questions & answers

What is the focus of NEAR Protocol's new hackathon track?

The hackathon track focuses on privacy and AI.

How has NEAR's TVL changed recently?

NEAR's TVL is $118.83M, down 13.2% over the past week.

What is the current price of NEAR?

NEAR is priced at $4.35, up 9.22% in the last 24 hours.

How much is 1 NEAR Protocol worth in rupee today?

About ₹449.73 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $4.34. 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 0.23% since this brief first published — trading at ₹413 ($4.34) now versus ₹414 ($4.35) 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 Coinfomania. It is not a copy of any one article — follow the source links above for the original reporting.

Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 31, 2026 ⛓ Timestamped at Bitcoin block #973,911 sha256:3031910236aa9a34
Based on reporting by Coinfomania — this is an original Token Times summary with live market data, not the original article.Coinfomania · Oct 31 01:11 ↗

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.