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Recently, the cryptocurrency market has experienced a wave of positive trends, with Neo standing out in particular. Over the past 24 hours, Neo's price has seen a significant rebound, successfully breaking through the key resistance level of 6.20 USD, reaching a high of 6.58 USD. This surge is accompanied by a substantial increase in volume, reaching an astonishing 16 million USD, which is an increase of 713% compared to before.
The upward momentum of this wave is closely related to the completion of the audit for the Anti-MEV solution on the Neo X platform. This solution aims to address a key issue in blockchain networks and is expected to be deployed to the test network soon for further verification of its feasibility and effectiveness.
At the same time, industry giant Binance announced the closure of the Neo Legacy version on October 15, which will concentrate trading activities on the more advanced N3 platform. This strategic adjustment reflects the determination of the Neo ecosystem to develop towards a more efficient and modern direction.
From a technical perspective, Neo's rebound shows bullish signals in the short term. However, the long-term performance will largely depend on the market's acceptance of Neo N3 after the delisting of the Legacy version. Investors and analysts are closely watching whether Neo can maintain stability above $6.70, which will be a key indicator for confirming the validity of this breakout.
The recent surge of Neo is not just a simple price increase; it also reflects its ongoing efforts in technological innovation and ecosystem upgrades. With the advancement of the Anti-MEV solution and the comprehensive application of the N3 platform, Neo is laying a solid foundation for future development.
Despite the impressive performance in the short term, the volatility of the cryptocurrency market remains high. Investors should exercise caution when making decisions, fully consider market risks, and closely monitor the subsequent developments of the Neo ecosystem.