NEAR Protocol Drops 15x From ATH as Market Cap Shrinks to $1.4B and TVL Falls to $100M

TLDR: NEAR Protocol’s market cap has fallen from $11 billion to approximately $1.4 billion, sitting 15x below its all-time high price. TVL on NEAR Protocol dropped from a peak of $500 million to around $100 million, showing capital has rotated out of the network. NEARCON 2026 introduced tokenomics updates, a buyback mechanism, and Nightshade 3.0 [...]

The post NEAR Protocol Drops 15x From ATH as Market Cap Shrinks to $1.4B and TVL Falls to $100M appeared first on Blockonomi.