{"id":54507,"date":"2025-10-23T17:33:45","date_gmt":"2025-10-23T17:33:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=54507"},"modified":"2025-10-23T17:33:45","modified_gmt":"2025-10-23T17:33:45","slug":"will-the-near-protocol-survive-after-this-critical-vote-will-validators-walk-away","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=54507","title":{"rendered":"Will The NEAR Protocol Survive After This Critical Vote? Will Validators Walk Away?"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">It\u2019s hard to talk about crypto AI without mentioning the NEAR Protocol. Last year, the NEAR Protocol really took off because of Nvidia and everything the chipset manufacturer planned to do. That momentum was supposed to sustain the NEAR USDT upside for the better part of this year, but the market had other plans.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">So far, the NEAR price is being battered. Price-wise, there is nothing to smile about. The NEAR USDT is down -52% year-to-date, while sellers are unrelenting. In the last month alone, NEAR crypto is <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-100x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">down nearly -30%<\/span><\/a><span data-preserver-spaces=\"true\">, pushing prices to critical support levels.<\/span><\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_68fa643cd89c4\" data-coin-id=\"near\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n\t\t\t\t<img id=\"crypto_chart_68fa643cd89c4-chart__info-icon-img\"><\/p>\n<div class=\"chart__info-name\" id=\"crypto_chart_68fa643cd89c4-chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\" id=\"crypto_chart_68fa643cd89c4-chart__info-symbol\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\" id=\"crypto_chart_68fa643cd89c4-chart__info-price\"><\/div>\n<div class=\"chart__info-change\" id=\"crypto_chart_68fa643cd89c4-chart__info-change\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\" id=\"crypto_chart_68fa643cd89c4-chart__info-marketcap\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\" id=\"crypto_chart_68fa643cd89c4-btn-24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\" id=\"crypto_chart_68fa643cd89c4-btn-7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\" id=\"crypto_chart_68fa643cd89c4-btn-30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\" id=\"crypto_chart_68fa643cd89c4-btn-1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_68fa643cd89c4-btn-all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n\t\t<canvas class=\"chart__canvas\" id=\"crypto_chart_68fa643cd89c4-cryptoChart\"><\/canvas>\n\t<\/div>\n<\/div>\n<p><span data-preserver-spaces=\"true\">For optimists, however, every low may offer entries to buy now that AI is here to stay, and protocols that power these solutions stand to gain immensely. As of late October 2025, the NEAR Protocol is among the <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">biggest crypto AI projects<\/span><\/a><span data-preserver-spaces=\"true\">, commanding a market cap of over $2.7Bn. Cumulatively, all crypto AI tokens are worth north of $26Bn, up nearly -5% in the last 24 hours.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-300140 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-23T130227.415.png\" alt=\"The NEAR Protocol is one of the leading crypto AI projects. Validators are currently voting on a proposal to halve rewards to +2.5%\" width=\"1380\" height=\"727\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-23T130227.415.png 1380w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-23T130227.415-300x158.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-23T130227.415-1024x539.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-23T130227.415-768x405.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-23T130227.415-50x26.png 50w\" sizes=\"auto, (max-width: 1380px) 100vw, 1380px\"><\/p>\n<p><span data-preserver-spaces=\"true\">(Source: <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.coingecko.com\/en\/categories\/artificial-intelligence\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">Coingecko<\/span><\/a><span data-preserver-spaces=\"true\">)<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER: <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">9+ Best High-Risk, High-Reward Crypto to Buy in 2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">NEAR Protocol Must Navigate And Emerge Stronger From This Vote<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">True, if the NEAR Protocol stays true to its course, the network would easily become one of the most valuable, even flipping the high-flying ChainOpera AI platform and the omnipresent Bittensor. Only time will tell.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In the short term, though, the NEAR Protocol must emerge stronger from this controversial vote. Validators are currently voting on a proposal that will see the blockchain halve network rewards, that is, inflation by -50% from +5% to +2.5%.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As it is, the NEAR Protocol has capped its maximum inflation rate at +5%, which, as expected, dilutes the total supply over time. However, this is necessary. The network will only be secure if there are many validators ensuring it is decentralized and reliable.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">With the platform maturing, the HOT Protocol and LiNEAR Protocol posted on the NEAR Protocol forum that it would be ideal for the network to halve the inflation rate to +2.5%. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The halving part is now part of the NEAR Protocol\u2019s agenda of enhancing their tokenomics. They will first cap annual NEAR emissions at +2.5%, reducing inflation and ensuring the supply is more predictable, even scarce. <\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The NEAR ecosystem is collaborating on a significant tokenomics upgrade <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1fa99.png\" alt=\"\ud83e\ude99\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p>Building on 5 years of mainnet success, NEAR is entering its next major growth phase. NEAR now underpins multi-billion dollar volumes, powers the cross-chain liquidity layer for privacy-preserving assets,\u2026 <a href=\"https:\/\/t.co\/27OU0Y8Maw\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/27OU0Y8Maw<\/a><\/p>\n<p>\u2014 NEAR Protocol (@NEARProtocol) <a href=\"https:\/\/twitter.com\/NEARProtocol\/status\/1980641338023391720?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">October 21, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Additionally, through HPS-002, there will be a new support system for smaller validators. The idea here is to ensure the network is sufficiently decentralized. But, this won\u2019t be enough. To further incentivize the HODLing culture, the NEAR Foundation is improving veNEAR incentives for NEAR stakers.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-300139 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-23T124945.460.png\" alt=\"The NEAR Protocol is one of the leading crypto AI projects. Validators are currently voting on a proposal to halve rewards to +2.5%\" width=\"1375\" height=\"524\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-23T124945.460.png 1375w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-23T124945.460-300x114.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-23T124945.460-1024x390.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-23T124945.460-768x293.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-23T124945.460-50x19.png 50w\" sizes=\"auto, (max-width: 1375px) 100vw, 1375px\"><\/p>\n<p><span data-preserver-spaces=\"true\">(Source: <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/gov.houseofstake.org\/proposals\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">House of Stake<\/span><\/a><span data-preserver-spaces=\"true\">)<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER: <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coins\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">9+ Best Memecoin to Buy in 2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Not Everyone Is Happy: Will NEAR Protocol Validators Walk Away?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">As bullish as this proposal is, not everyone is happy. Most of the opposition comes from large validators and staking providers. Obviously, this lot will lose significant revenue should the vote go through.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">On X, one validator, Chorus One, is urging all other validators not to vote or upgrade. They claim that the NEAR Foundation bulldozed the protocol, causing a \u201cserious governance issue\u201d that sets a \u201cdangerous precedent\u201d that eventually undermines the integrity of the protocol in the future.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">NEAR Governance Proposal <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p>We would like to publicly share our concerns regarding a serious governance issue currently happening on the <a href=\"https:\/\/twitter.com\/NEARProtocol?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">@NEARProtocol<\/a> blockchain.<\/p>\n<p>\u2014 Chorus One (@ChorusOne) <a href=\"https:\/\/twitter.com\/ChorusOne\/status\/1981009977268650088?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">October 22, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Evidently, there will be a security concern should other validators choose not to upgrade. As revenue-disrupting as this proposal is, others think this halving event should sail through.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">On X, one critic said validators will be the affected lot, and it is understandable that they won\u2019t want to lose money. In his view, validators are conflicted voters, and as a survival instinct, self-interest will still dominate, leading to status quo bias.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&gt; &#8220;We believe this sets a dangerous precedent and undermines the integrity of NEAR.&#8221;<\/p>\n<p>I love you, my Chorus One frens, but let&#8217;s be real: the reason you&#8217;re complaining is because your Near revenues would get halved.<\/p>\n<p>Major problems that I see with that reasoning:<\/p>\n<p>1. Validators\u2026 <a href=\"https:\/\/t.co\/bdGacCJE6t\" rel=\"nofollow\" target=\"_blank\">https:\/\/t.co\/bdGacCJE6t<\/a><\/p>\n<p>\u2014 0xLouisT (@0xLouisT) <a href=\"https:\/\/twitter.com\/0xLouisT\/status\/1981048180348174668?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">October 22, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Overall, supporters think this proposal forces the NEAR Protocol to hustle for real usage and not super incentivize network participation, especially from validators, through handouts. <\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER: <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-coinbase-listings\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">15+ Upcoming Coinbase Listings to Watch in 2025<\/span><\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Will NEAR Protocol Survive After This Crucial Vote?<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">NEAR USDT under pressure, dips -89% from all-time highs<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Nvidia didn\u2019t sustain the upside momentum<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">NEAR Protocol is among the most valuable crypto AI projects<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Validators voting on a proposal to reduce network rewards by half<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/will-the-near-protocol-survive-after-this-critical-vote-will-validators-walk-away\/\">Will The NEAR Protocol Survive After This Critical Vote? Will Validators Walk Away?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s hard to talk about crypto AI without mentioning the NEAR Protocol. Last year, the NEAR Protocol really took off because of Nvidia and everything the chipset manufacturer planned to do. That momentum was supposed to sustain the NEAR USDT upside for the better part of this year, but the market had other plans. So [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-54507","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/54507","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=54507"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/54507\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=54507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=54507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=54507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}