Neon EVM in 2023: A Year of  Synchronized Strides

Neon EVM in 2023: A Year of Synchronized Strides

2023 was a big year for Neon EVM.


From the historic mainnet launch at EthCC to setting records as the world's first parallel processing EVM with a staggering 730 Transactions Per Second (TPS) on mainnet, and teaming up with industry leaders like deBridge, TrustWallet and Ledger to ramp up cross-chain interoperability: 2023 has been a year of building on new ground.


Here’s a wrap-up of our year and what we are proud to have built together.


Neon's Finest: Key Moments of 2023


Take a look at our top three moments.


  • DeBridge Integration for Cross-Chain Interoperability In November, Neon EVM announced a groundbreaking partnership with deBridge, enhancing cross-chain interoperability. This integration opens the door for Neon projects to access all EVM chains, including Ethereum, BNB, Polygon, Arbitrum, Fantom, Optimus, Linea, HECO chain, Base, and Avalanche, expanding our cross-chain EVM ecosystem.


  • Multi-Token Gas Payments Neon EVM's testnet now supports multi-token gas payments, allowing users to pay fees in multiple tokens, including SPL,USDC and SOL. This feature, live on devnet, adds flexibility to transaction token choices, paving the way for more user-friendly experiences.


  • Record-High TPS on Mainnet On December 16, Neon EVM achieved a groundbreaking milestone by hitting a record-high TPS of 730 on mainnet. With negligible gas fees, Neon EVM outperformed the combined average TPS of the entire Ethereum ecosystem, solidifying its position as the fastest parallel processing EVM in 2023.


Other Highlights of 2023


Going into 2023, it was our goal to launch a tech stack that enables anyone to take their Ethereum-native dApps to Solana without the need to write lengthy code. We wanted to make the technology easier, and enable scalabiltiy, opening new markets and build he first and fastest parallel processing EVM. Here is a deeper look at all this, and more:


1. Production-Ready Launch on Solana Mainnet


The first half of the year was dedicated to making Neon EVM production-ready. On July 17, 2023, Neon EVM launched on the Solana mainnet, showcasing seamless scaling for Ethereum-native dApps on Solana. The launch was well-received at EthCC and garnered attention from news outlets, including The Block and Cryptobriefing and Antony Solana, the co-founder of Solana himself.


2. Successful Token Community Sale on CoinList


On June 8, 2023, our public token sale on CoinList witnessed overwhelming demand, with 717,320 participants and all tokens sold out in just 29 minutes! Today, NEON token listings continue to grow across multiple exchanges, with initial listings on Bybit and Gate.io to the recent exchange and app listing on Crypto.com. We are grateful for the strong support from the Neon community as we advance the leading EVM Parallelization infrastructure.


3. Strategic Partnerships and Ecosystem Growth


Neon EVM forged partnerships with industry leaders like Ledger, TrustWallet, and deBridge, contributing to ecosystem growth. The integration with Ledger hardware wallets ensures enhanced security for transacting in NEON on Neon EVM. The partnership expanded to Ledger Live, allowing Neon EVM users to swap, grow, and manage their digital assets seamlessly.


4. Audits and Smart Contracts


We prioritize architectural changes and improvements to ensure that Neon EVM ecosystem is protected and secure. We underwent extensive security audits by Neodyme AG in February 2023, with follow-up audits in May 2023. The development team promptly addressed all identified issues, showcasing a commitment to best practices and regulatory compliance. Our commitment to security builds on our previous audits with Ackee, Halborn, and Least Authority upholding best security practices ensuring a safe building space for dApp developers.


Looking Ahead to 2024: An Optimistic Future


As we embark on a new year, Neon EVM is poised for more innovation and growth. Our focus on security, scalability, transparency, and decentralization will remain unwavering as we continue to grow the parallel processing ecosystem. Neon EVM invites developers and enthusiasts alike to join us in shaping the future of blockchain technology, leveraging the best from Ethereum and Solana.


We express our gratitude to the Neon EVM community and look forward to a wonderful and prosperous New Year in 2024!

Head of Marketing
Jamie TurnerHead of Marketing
Dec 29, 2023

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