15d ago· 22 JunRelease

SPICE Revealed

Medium6.0

◆ Description

NEAR unveils SPICE, a protocol upgrade in development that separates consensus from execution and targets 200ms blocks. The design also aims to improve Intents, near.com performance, and execution scheduling.

◆ Why it matters

This sets a concrete new direction for NEAR’s core architecture, with faster block targets and a cleaner split between consensus and execution, which feeds directly into how the market values platform throughput and user experience. The move matters because it sharpens the performance narrative around NEAR, but the re-rate stays contained until the upgrade ships and proves it can deliver those gains.