NEAR Protocol Launches SPICE Upgrade to Boost Performance
NEAR Protocol (NEAR)
Editor:
Eugene Serbin
Coinfomania.com reports that NEAR Protocol has launched its SPICE upgrade to improve blockchain performance. The upgrade decouples transaction execution from block production to enhance efficiency. This architectural change separates transaction ordering, data availability, and execution.
The goal is to support complex transactions and lower latency for users. NEAR Protocol announced the change via its official account to highlight the technical improvements. The separation allows for asynchronous execution and faster block production.
This structure aims to increase user engagement on the network. The upgrade strengthens the infrastructure to attract more developers. It makes the platform more competitive in the evolving crypto landscape.
Traders are watching to see if user engagement metrics improve post-launch. The broader market sentiment remains mixed as traders observe these developments.
How the market reacted
Whalio's own Binance spot order flow for NEAR, measured when this story was written up on 1 October 2026. Not the outlet's figures.
NEAR Protocol is currently trading at $5.34 on Binance spot markets. Over the last hour, the buy ratio stands at 50.1% with a positive volume delta of +$8,940, indicating immediate buying pressure. This short-term activity contrasts with the 24-hour volume delta of -$1,223,715, showing that net selling has dominated the full day. The buy ratio over four hours is 51.2%, suggesting that buying momentum is building in the short term after the daily net outflow. Volume delta measures the difference between buy and sell volume, so a positive number means buyers are more aggressive than sellers. The 24-hour CVD close matches the negative delta, confirming that sellers controlled the flow for the majority of the day.
The latest daily buy ratio of 50.8% sits at the 68th percentile of the last 323 days, against a median of 49.7% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for NEAR, averaged over the days leading up to the story.
Over the preceding week, NEAR saw a price increase of 23.3% with a total volume delta of +$18,255,115. Today's 24-hour volume of $233,188,950 is 0.89 times the weekly average, indicating lower-than-usual activity. The current buy ratio of 49.7% is 0.7 points below the 7-day average of 50.4%, marking a slight shift toward neutral selling. While the week saw net buying for four days, today's negative volume delta suggests a pause in that trend. This represents an ordinary day in terms of volume intensity but an unusual shift in short-term sentiment compared to the weekly average.