First, some background on NEO: it is the 13th largest coin by market cap ($1.48 billion). In order to enhance security for its blockchain and smart contract technologies, NEO is exploring various solutions. It has partnered with a formal verification platform for smart contracts and blocks chain ecosystems, known as Certik.
Coinbase is exploring the option to add NEO to its custodial services. This could instigate a huge surge in price if the decision to add NEO is made.
With the upcoming NEO 3.0 upgrade, the network speed will increase remarkably which will enhance the number of transactions per second (TPS). Currently, NEO's TPS is 1,000, which is already much higher Ethereum's or Bitcoin's TPS.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.