Coinbase Announces Support for Neon EVM (NEON) on Solana Network

• Neon EVM on Coinbase enables to deploy Ethereum dApps on Solana network.
• Coinbase listing boosts NEON token and Neon EVM project.
• NEON holders can govern and influence the future development of the Neon EVM project

In a major development for the Solana ecosystem, Coinbase, the leading cryptocurrency exchange has announced plans to add support for Neon EVM (NEON) on its platform. The news revealed through a tweet by Coinbase Assets has created excitement through the crypto community.

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 & @CoinbaseExch in the regions where trading is supported.

— Coinbase Assets (@CoinbaseAssets) April 29, 2024

According to the tweet, Coinbase will begin supporting NEON on April 30, 2024 around 12:00 PM ET. However the trading will commence in phases with Coinbase first ensuring sufficient liquidity is available on the platform. Additionally, the announcement says that NEON support may be restricted in certain jurisdictions likely due to local regulations.

Neon EVM has gai…

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