Market capitalization: $390.6 million
$NEO - is not just "the Chinese Ethereum", but a whole ecosystem of smart economy! While the world debates cryptocurrency regulation, NEO is methodically building bridges between digital assets, digital identity, and smart contracts.
But the main news:
NEO is actively developing its ecosystem through the Neo X sidechain and strengthening partnerships! Launching
Neo X TestNet v0.4.0 with ZK-based DKG verification shows serious technological ambitions of the project, and the partnership with Fansland for creating
Web3 music festival in Bangkok demonstrates a move beyond pure technology into the entertainment industry
What does this mean?
Analysts forecast NEO's growth from the current $5.52 to $26 by the end of 2025 in a favorable scenario - this is nearly 400% potential growth!
NEO received an audit from Red4Sec for its Neo X sidechain, which reinforces bridge and governance security - institutional security standards in action.
Flamingo Finance launches THE FLOCK and closes the FLM Hodlers program, showing the evolution of the DeFi ecosystem on the platform.
Support from the Chinese government facilitates the development of the NEO ecosystem, which could become a powerful catalyst if China's regulatory stance on cryptocurrencies changes.
Milestones for the deal:
Growth above $5.80 - opens the way to $6.40.
A drop below $5.20 - could send it to $4.90.
Output: NEO demonstrates a mature approach to development through technological partnerships and ecosystem building. If Chinese regulators soften their stance on cryptocurrencies, NEO could become the main beneficiary as the flagship blockchain project of the country!
Not financial advice, just technical analysis and personal experience.