NEAR Protocol Slips to $3.70, but the TVL Drop Is Mostly a Price Effect

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Analysis: NEAR Protocol loses 7.6 percent and posts its lowest close since September 20, while TVL falls to $173.6 million. Measured in tokens, however, locked capital has held steady at around 47 million NEAR since mid-October.NEAR Protocol falls to $3.70, its lowest daily close since September 20.Add as a preferred source on GoogleFollow on Google NewsNEAR Protocol fell to $3.70 on Thursday, November 5, 2026, or roughly €3.30. That is 7.6 percent less than 24 hours earlier and the lowest daily close since September 20. At the same time, the value locked in applications on the NEAR blockchain has shrunk to $173.6 million. What the data shows: converted into NEAR tokens, that value has stayed almost unchanged at around 47 million tokens since mid-October. The decline in dollar terms is therefore almost entirely down to the lower price and hardly at all to capital being withdrawn. Our assessment follows further down. This article places the price drop in the context of the market...