NEAR Price Plunges as Network Infrastructure Gains Momentum

The NEAR token has seen its price decline from $3.05 in early June to below $2.00 by late July, mirroring broader crypto market weakness.

However, despite this, the network itself is showing signs of improvement with increased usage and adoption.

Nansen reported that NEAR Protocol had most of its core infrastructure in place at the start of Q2 2026.

The network's dynamic resharding has moved it closer to fully elastic execution by automatically splitting congested shards and merging underused ones without governance intervention.

The upcoming SPICE upgrade aims for 200ms block times, sub-second finality, and parallel execution, designed to support AI-driven workloads requiring continuous settlement.