The NEAR token price increased by 16% over the weekend, returning to the top 20 digital assets by market capitalization. On October 10, 2026, the token reached $6.00 on Binance before cooling to $5.64. Daily trading volume reached a record $3.54 billion, marking a 98% increase. Over the four weeks leading to mid-October, the asset rose by at least 83%, with some estimates reaching 138–172%.
Market capitalization for NEAR reached approximately $7.2 billion. Growth is supported by the NEAR Intents cross-chain feature, which has processed over $31–33 billion in cumulative volume across more than 30 chains. In September, swap volume through this feature hit $4.8 billion, a 72.9% increase from the previous month. An exploit of $3.8 million in early October was resolved within 24 hours.
Bitwise launched the first US spot NEAR ETF, ticker NRR, on September 29, 2026, attracting nearly $58 million in inflows during the first week. Additionally, a governance proposal is currently under consideration to reduce the maximum annual token issuance from 2.5% to 1.6% over the next 24 months. The market is now monitoring the sustainability of ETF inflows and the outcome of the governance vote.
