The cryptocurrency market generally progressed in the red zone today. However, there are tokens that defy the decline in the market. One of these was a token that received listing news from the leading crypto exchange Coinbase. The altcoin price made a vertical breakout with the Coinbase announcement.
Coinbase gave the good news of the listing, NEON ignited!
cryptokoin.comAs you follow from , Bitcoin and major altcoins saw a decline today. In this negative atmosphere, the listing announcement of leading crypto exchange Coinbase has fueled Neon EVM (NEON). Coinbase announced in its statement that it will add Neon EVM (NEON) to its list on April 30. In this context, the stock exchange made the following statement:
Coinbase will add support for Neon EVM (NEON) on the Solana network (SPL token). Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on Coinbase and CoinbaseExch in regions where trading is supported.
The exchange stated that trading will begin at or around 12:00 a.m. on April 30 if liquidity conditions are met. Coinbase will gradually launch trading in the NEON-USD trading pair once sufficient supply of this asset is ensured. Following Coinbase’s listing news, NEON price made a vertical rise. The altcoin made a jump from $1.04, where it fell during the day, to $1.26. At the time of writing, the token continues to fly high. At press time, NEON was changing hands at $1.25, up over 13% on a daily basis.
Subsquid partners with Neon EVM
Web3 data lake and query engine Subsquid announced that it will partner with Solana-powered Neon EVM to give dApp developers easier access to Neon EVM’s on-chain data. The partnership marks the first step in Subsquid’s long-awaited expansion to Solana Blockchain.
Subsquid is an innovative decentralized data lake and query engine. The project provides a secure alternative to central infrastructure companies such as API providers. Providing blockchain indexing, application development and analytics services, Subsquid’s business partners include Manta Network, Parity and Enjin. The network provides support for Ethereum and its L2s and Substrate (Polkadot and Kusama). Now it will expand to Solana with the collaboration with Neon EVM. As part of the partnership, Subsquid will add on-chain data from Neon EVM to its decentralized data lake secured by ToM proofs. This will make it easier to access available information for anyone building dApps on Neon, making it easier for developers.
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