NEAR Protocol has confirmed that it now produces blocks in 600 milliseconds. The update was announced on May 13, 2025, and applies to its Layer 1 blockchain. The team also reported 1.2-second finality, meaning transactions become irreversible shortly after confirmation.
NEAR Protocol stated on X:
“NEAR Protocol just dropped 600ms blocks + 1.2s finality on mainnet. Blazing-fast performance and secure execution.”
The update is based on NEAR Protocol’s Doomslug consensus system. It allows one block built on another to serve as a secure confirmation. According to NEAR Protocol, reversing a confirmed block would now require a slashable malicious attack.
Solana confirms blocks in around 1.6 seconds, or four slots. Other chains like Base and MegaEth take at least 12 seconds. NEAR Protocol now positions itself with faster confirmation times compared to these networks.
Another post on May 14 added:
“Gm! Feels good waking up to 600ms block time and 1.2 second finality on NEAR.”
The protocol said the faster block time improves use for real-time applications. These include smart contracts, AI agents, games, and financial transactions. NEAR Protocol also noted that this update lowers the need for developers to plan around reorgs or network delays.
NEAR Protocol Implements Nightshade 2.0 and Optimistic Blocks
The change follows the activation of Nightshade 2.0, which introduced optimistic blocks. This system allows blockchain shards to proceed without waiting for new blocks to arrive. As a result, NEAR Protocol cut latency in half for transactions processed on-chain.
The update reduces reliance on intermediaries and supports real-time use cases. Developers no longer need to include multiple confirmations in application logic.
In a statement, NEAR Protocol added:
“’Blink and it’s final’ isn’t an exaggeration. In the time it takes to blink, your NEAR transaction can finalize on-chain.”
The protocol also said the changes help with its ongoing work on intents. Intents allow blockchain-based actions to be triggered and confirmed instantly.
NEAR Protocol Targets 200ms Block Time by Year-End
NEAR Protocol plans to reduce block time further to 200 milliseconds by the end of 2025. The team said future upgrades to the consensus system and block production will make this possible.
According to NEAR Protocol, this step is part of building a blockchain system that supports real-time processing. They noted that faster confirmations allow simpler systems and reduce transaction risks.
These improvements are intended to help developers working on applications that need real-time feedback, such as financial platforms or smart contract automation tools.
NEARUSDT Forms Bullish Pennant With 20% Upside Potential
As of May 14, 2025, the NEAR/USDT pair on Binance is trading at $3.061. The hourly chart shows that NEAR Protocol has formed a bullish pennant pattern after a strong rally that occurred between May 9 and May 11.
A bullish pennant is a continuation pattern where the price consolidates between converging trendlines after a sharp upward move, followed by a potential breakout in the same direction.
If NEAR Protocol breaks out of this pennant formation, the price could rise by nearly 20% from the current level. Based on the flagpole height, this move could target around $3.659.
The 50-period Exponential Moving Average (EMA) is currently at $3.148, sitting slightly above the current price. This average has previously acted as dynamic support during the uptrend. However, NEAR Protocol is now trading just below it, which may signal temporary resistance.
Meanwhile, the trading volume stands at 74.76K. The volume has declined during the pennant formation, which aligns with the typical behavior of this pattern. If the breakout happens, a volume spike would be a key confirmation.
The Relative Strength Index (RSI), a momentum indicator, is at 35.74. The RSI recently fell from 44.60 and now moves near the oversold threshold of 30. This suggests weakening bearish momentum but not yet a strong reversal signal.
If RSI bounces upward and price breaks above the pennant’s upper trendline, NEAR Protocol may start a renewed rally.
Key Levels to Watch
The upper resistance of the pennant is near $3.20. A confirmed breakout above this zone may push NEAR to $3.659. On the downside, the lower boundary of the pennant offers support at approximately $3.04. A breakdown below this level may invalidate the bullish setup.
For now, NEAR Protocol shows technical signs of consolidation within a bullish pennant, with conditions aligning for a possible breakout if confirmed by price and volume.
NEAR Protocol reached its all-time high of $20.44 in January 2022. From that peak, the price has fallen by 85%.
