NEAR Price Outlook: $4.69 Support Absorbs Intents Selling Pressure Still to Be Verified
2026-10-02 00:34:24
CoinMeta data: According to Cryptonews, the price of NEAR fell below $5 on October 1st due to a security vulnerability involving $3.8 million. The current trading price is around $4.94. The incident stemmed from an interaction vulnerability between the Omni deposit and withdrawal system and smart contracts on the NEAR Intents platform. The team has suspended services and fixed the vulnerability, pledging to compensate all affected funds in full. Earlier today, NEAR Intents services were halted due to a security incident, and preliminary reports indicate that the total loss has not yet been determined. This incident affected the cross-chain infrastructure related to NEAR Intents, rather than the NEAR protocol blockchain itself. The platform has reported the incident to law enforcement authorities and is cooperating with security and blockchain analysis companies to track the funds. TradingView data shows that the current price of NEAR is $4.938, with a daily decline of 7.55%.
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Source:Cryptonews
This content is for market information only and does not constitute investment advice.