NEAR Protocol Price Drops 9% Amid AI Crypto Sell-Off and Token Issuance Concerns
NEAR's price fell to $3.75 as traders weigh potential token issuance changes and broader AI crypto market pressures.
NEAR's price fell to $3.75 as traders weigh potential token issuance changes and broader AI crypto market pressures. NEAR Protocol (NEAR) is trading at ₹364 ($3.83), up 1.1% since this brief published. This is an original Token Times brief based on reporting by Crypto.news, with live market data added, as of Tue, 03 Nov 2026 10:30:01 UTC.
The price drop highlights growing concerns over NEAR's tokenomics and the impact of broader AI crypto market trends. A sustained decline could affect investor confidence and ecosystem growth.
- NEAR price dropped 9% to $3.75 amid market-wide AI crypto sell-off.
- Traders are monitoring $3.50 support level closely.
- NEAR TVL fell 12.9% over the past week to $111.41M.
- Bitcoin Drops Below $82K Amid AI Concerns and DeFi Sell-Off
- NEAR Protocol Drops 6% as Selling Pressure Intensifies
- NEAR Protocol Price Drops 9% Amid AI Crypto Sell-Off and Token Issuance Concerns — this brief
- NEAR Governance Lowers Token Issuance Ceiling to 1.6% Over Two Years
NEAR Protocol's price experienced a significant decline, falling 9% to $3.75, according to Crypto.news. This drop is part of a broader trend affecting AI-related cryptocurrencies, which have been under pressure in recent days.
Traders are particularly focused on the $3.50 support level, which could indicate whether the downward trend will continue or if a rebound is likely. The proposed changes to NEAR's token issuance have also raised concerns among investors, adding to the selling pressure.
On-chain data from DeFiLlama shows that NEAR's Total Value Locked (TVL) has decreased by 12.9% over the past week, currently standing at $111.41 million. This decline in TVL further underscores the challenges facing the NEAR ecosystem.
The broader cryptocurrency market is also experiencing a downturn, with the total market cap at $2.64 trillion and 
Bitcoin down 2.13% in the last 24 hours. The Fear & Greed Index remains at 26, indicating a 'Fear' sentiment among investors.
The decline in NEAR's price and TVL suggests potential challenges for the protocol's growth and investor confidence. Market participants will be closely watching how NEAR's team addresses the concerns about token issuance and whether the $3.50 support level holds.
Since this brief published about 1 hour ago, NEAR Protocol (NEAR) has moved from ₹359.78$3.79 to ₹363.58$3.83 — +1.06%.
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 ≈ ₹398.32 (about $3.83), down 6.6% over 24 hours. The rupee itself trades about 9.6% 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.
Figures and sectors in this story, checked live against on-chain aggregators · November 3, 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 Price Drops 9% Amid AI Crypto Sell-Off and Tok — questions & answers
What is causing NEAR's price to drop?
The price drop is attributed to ongoing AI crypto selling and concerns about potential changes to NEAR's token issuance.
What is the key support level for NEAR?
Traders are monitoring the $3.50 support level as a critical indicator.
How has NEAR's TVL been affected?
NEAR's TVL decreased by 12.9% over the past week to $111.41 million.
How much is 1 NEAR Protocol worth in rupee today?
About ₹398.32 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $3.83. 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 up 1.06% since this brief first published — trading at ₹364 ($3.83) now versus ₹360 ($3.79) 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 Crypto.news. 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.