NEAR Protocol (NEAR) Price: Jumps 11% as 1 Million Tokens Get Staked for AI

TLDR NEAR AI reported more than 1 million NEAR staked, with rewards paying for AI inference while users keep their tokens. NEAR gained over 11% in 24 hours after a Bitwise Q3 volume report and a new governance proposal. The proposal would cut token issuance from 2.5% to 1.6% over 24 months. Bitwise’s Spot NEAR ETF saw its first outflow, $2.54 million, since its Sept. 29 launch. NEAR faces resistance at $5.50, and support sits at $4.50. NEAR AI reported that more than 1 million NEAR is now staked with its service.