NEO is a smart‑contract platform often called the “Chinese Ethereum,” designed for decentralized applications and digital asset tokenization.
The coin’s price has weakened dramatically in recent years from prior highs, trading in lower ranges as the market cycles and altcoin demand remain subdued.
Fundamental moves like the shutdown of the NEO Legacy mainnet and migration to the Neo N3 ecosystem signal technical progress but have had limited impact on price strength.
Analysts and price models are mixed — some see moderate recovery potential tied to broader crypto recovery, while others forecast continued volatility and downside risk.
Developer interest and partnerships, such as DePIN collaborations and AI tooling integrations, may support long‑term adoption if utilization increases.
Like many platform tokens, NEO’s outlook hinges on broader market sentiment and smart‑contract ecosystem competition with heavyweights like Ethereum.
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