Vote on Proposal to Cut Near Protocol Issuance Rate by 1.6%… Price at $4.37

NEAR Protocol (NEAR) is holding a vote on a proposal to cut its token issuance rate by 1.6%, with the token trading at $4.37 (about 5,800 won) as of 4:49 p.m. on the 1st, per COINOTAG data. The price sat below the 20-day simple moving average of $4.7496, the 20-day exponential moving average of $4.6323, and the 50-day simple moving average of $4.5601, while remaining above the 50-day exponential moving average of $4.322. The issuance-rate reduction, if approved, would lower NEAR's token supply growth, a change that typically draws attention from holders focused on inflation and staking economics. The screen did not specify the exchange or trading pair behind the quoted price, and the article did not detail the vote's timeline or outcome. Watch for the vote's result and whether NEAR can reclaim its short-term moving averages.