Bubble
NEO NEO
NEO (NEO) was trading at $2.01, ranked #208 by market cap at $142.03M, with 24h volume of $3.46M.
Data snapshot: 2026-09-02 12:15 UTC.
NEO launched in 2014 as Antshares and was rebranded in 2017, often called "China's Ethereum" because it aimed at regulated digital assets with identity built into the protocol. It uses two tokens: holding NEO generates GAS, which pays transaction fees — so the coin itself is never spent on fees, an unusual split among smart-contract chains. Neo is one of the oldest smart-contract platforms still running, and it built early around regulatory-friendly features such as optional digital identity at the contract level. It uses a two-token model: NEO carries governance rights and generates GAS, which pays for transactions. Its ecosystem is far smaller than those of the leading contract platforms, and much of its historical trading interest has come from Asian markets. On a bubble map NEO is a long-established mid-cap that generally moves with broad altcoin sentiment rather than on network activity of its own.
Why does Neo have two tokens?
NEO represents ownership and governance rights and is not divisible in the usual sense; holding it generates GAS, which is what pays network fees.
What is Neo's consensus?
A delegated Byzantine fault tolerant design in which elected consensus nodes produce blocks, giving fast finality without mining.
Is Neo still actively developed?
The project has shipped successive major versions of its platform. Its ecosystem is much smaller than those of the largest contract chains, which is reflected in its market capitalisation.
What does the digital identity feature do?
It allows contracts to require verified identity attributes, aimed at use cases with regulatory requirements rather than fully anonymous applications.
Market cap decides how big a bubble is drawn, so rank is what places NEO on the map relative to the rest of its sector.
| Rank | Coin | Market cap |
|---|---|---|
| #178 | Kaia (KAIA) | $182.60M |
| #181 | IOTA (IOTA) | $180.73M |
| #208 | NEO (NEO) | $142.03M |
| #213 | eCash (XEC) | $136.44M |
| #220 | MultiversX (EGLD) | $130.62M |