NEON (Neon EVM) rose 58.91% in the last 24 hours.

Gate News Bot news, August 25, according to CoinMarketCap, as of the time of writing, NEON (Neon EVM) is currently priced at $0.17, having risen 58.91% in the last 24 hours, with a high of $0.24 and a low of $0.08. The current market capitalization is approximately $40.8 million, an increase of $1.51 million compared to yesterday.

Neon EVM is a platform focused on deploying EVM smart contracts on Solana. It allows developers to build decentralized applications on Solana using familiar EVM tools (such as Solidity, Hardhat, etc.) without needing to learn the Rust language. Neon EVM supports direct integration with Solana wallets, providing users with a native Solana experience, while also offering built-in ed25519 signature support, on-chain scheduling, and unified token management features. The platform aims to help EVM projects quickly migrate to Solana, leveraging its user base, liquidity, and high-speed performance.

Important recent news about NEON:

1️⃣ Neon EVM launches multi-token payment gas feature Neon EVM recently introduced multi-token gas payment options, an innovative feature that allows users to pay transaction fees using various tokens, not just the platform’s native token. This move greatly enhances the platform’s flexibility and user-friendliness, and is expected to attract more developers and users to participate in the Neon ecosystem.

2️⃣ Solana Native Framework Supports Ethereum DApp Integration Neon EVM has released a native framework for Solana, aimed at simplifying the integration process of Ethereum decentralized applications (DApps) on the Solana network. This framework will help developers more easily migrate existing Ethereum projects to Solana, thereby expanding the potential market and application scenarios for Neon EVM.

3️⃣ Network expansion redefines Solana product category Neon EVM adopts network expansion technology, a move aimed at redefining the product category of Solana. Through this technological upgrade, Neon EVM is able to provide developers with richer tools and features, further enhancing its competitiveness and appeal within the Solana ecosystem.

From a technical perspective, these innovative measures of the Neon EVM are expected to enhance its advantages in cross-chain interoperability and developer friendliness, which could be an important factor in driving the rise of the NEON token price. However, considering the high volatility of the cryptocurrency market, investors still need to cautiously assess potential risks.

This message is not intended as investment advice; investors should be aware of market volatility risks.