The Near Protocol announced via a blog post on Thursday that they are delaying the sunset of the NEAR Wallet as they look to avoid the rush of last-minute transfers and to support the inclusion of new wallets coming into the ecosystem.
The NEAR Wallet is now set to stop operating from December 31st, 2023. The team added that users should continue to transfer their wallets using the Transfer Wizard available at wallet.near.org.
NEAR Protocol is a decentralized application platform designed to make apps similarly usable to those on today’s web. The network runs on a Proof-of-Stake (PoS) consensus mechanism called Nightshade, which aims to provide dynamic scalability and stabilize fees.NEAR is trading at $1.187, up by 2% in the last 24 hours.