SUI Sellers Are Back in Control as NEAR Drops 16%. Here's What Swing Traders Can Do Next

NEAR token holders voted to slow the growth of new supply, approving a lower inflation cap through the network's governance system. The vote passed while NEAR was in a sharp weekly slide. The cut is a long-term story, and traders work on a shorter clock. Sellers still lead both NEAR and SUI, and SUI has lost its long-term trend support. Buyers now need to defend nearby floors before another leg lower tests them. NEAR token holders approved a smaller ceiling on new supply. Proposal HSP-029 passed through the House of Stake governance system and was finalized on Nov 2, 2026.

Source: Crypto Daily