What Neo is

Neo is a proof-of-stake Layer-1 blockchain, currently ranked 146th by market capitalization among the assets we track. As a proof-of-stake Layer-1, Neo hosts applications, settles their transactions, and lets NEO holders earn yield by helping validate. Capital at stake — not electricity — is what keeps the chain honest.

NEO is a blockchain platform designed to build decentralized applications and manage digital assets using smart contracts. It aims to create a smart economy by integrating digital identity and asset management.

How consensus and the token economy connect

Because security is bought with bonded NEO rather than hardware, the share of supply staked is a useful gauge of conviction — and of how much float is effectively locked.

Under the hood, NEO secures its ledger with Delegated Byzantine Fault Tolerant, built on the dBFT algorithm.

Background & fundamentals

Neo first went live in 2016, giving it roughly 10 years of on-chain price history to draw on. Neo operates under a semi-centralized structure, which concentrates protocol decisions in an identifiable issuer or foundation. A documented core team of 51 contributors is listed publicly, a depth of disclosed staffing many long-tail tokens lack.

Its codebase is open-source, meaning the implementation can be audited rather than taken on trust. The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in NEO. CoinPaprika classifies the project's development status as "Working product".

In sector terms it is most often filed under Cryptocurrency, Byzantine Fault Tolerance, and Smart Contracts.

Where Neo sits in the market

Trading around $1.89, Neo carries a market capitalization of $133.16M. Around $11.82M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 8.87% of the float — elevated, often a sign of narrative-driven trading.

Neo carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. NEO remains -99% beneath its all-time high of $196.85, the kind of gap that historically takes a full cycle or a fresh catalyst to close.

What the price history shows

The tape currently reads 24-hour -2.68%, 7-day -8.58%, 30-day -3.23%, 1-year -56.54%. Within its stored 365-day daily history, NEO mounted a low-to-high run of roughly 54% at its strongest stretch.

Volatility profile

Recent action puts Neo in the Moderate-volatility band — it shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the last 30 days the move totals -3.23%, a useful input for stop placement and position sizing.

How to evaluate Neo

The honest checklist for NEO is short:

  • Real usage — active addresses, fees paid, and total value locked — does on-chain demand justify the valuation?
  • Staking economics — the share of NEO staked, the yield, and unlock/queue dynamics that govern liquid supply.
  • Ecosystem depth — how many applications and how much liquidity have chosen Neo over competing Layer-1s.

This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.