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Neon EVM news
Neon EVM Token Unlocks
About Neon EVM
Neon EVM is a smart contract on Solana. Solana is a fast-growing blockchain, which uses a proof-of-history consensus mechanism. This algorithm uses timestamps to define the next block in Solana’s chain. The speed at which blocks are added to Solana’s blockchain requires additional levels of security for the blockchain. This is where Solana’s proof of history algorithm comes into play. This algorithm timestamps each block in such a way that maintains the system’s security. From time-to-time Solana experiences downtimes and Neon EVM is impacted by these downtimes; however the Solana team is working rigorously to fix these known issues with a potential solution to be implemented in about 6 months. Nevertheless, due to its immense potential as an innovative Layer 1, Solana is highly popular amongst a variety of dApps.
Neon EVMs performance has been tested through multiple use cases, and the platform now includes the infrastructure and capabilities to support production level development. Notable Ethereum-based projects starting to build on Neon include Curve and Sobal.
Neon EVM has over 200 projects in its pipeline committed to launching during mainnet and shortly after the launch of mainnet, including blue-chip DeFi protocols, wallets, fiat on/off ramps, infrastructure, DAO tooling, etc.
Looking beyond mainnet, the plan is to develop interoperability with Solana smart contracts, full ecosystem compatibility, integration with additional major Ethereum tools and services, and an early grants program.
The live Neon EVM price today is $0.328606 USD with a 24-hour trading volume of $731,062 USD. We update our NEON to USD price in real-time. Neon EVM is up 1.03% in the last 24 hours. The current CoinMarketCap ranking is #765, with a live market cap of $18,944,477 USD. It has a circulating supply of 57,651,000 NEON coins and the max. supply is not available.
If you would like to know where to buy Neon EVM at the current rate, the top cryptocurrency exchanges for trading in Neon EVM stock are currently Bybit, Hotcoin, Hibt, Crypto.com Exchange, and BitMart. You can find others listed on our crypto exchanges page.