Neon EVM (NEON) is now listed in the Crypto.com App, joining the growing list of 250+ supported cryptocurrencies and stablecoins, including Bitcoin (BTC), Ether (ETH), Polkadot (DOT), Chainlink (LINK), VeChain (VET), USD Coin (USDC), and Cronos (CRO).
Neon EVM is an Ethereum Virtual Machine on Solana that allows developers to deploy and scale Ethereum dApps by using Solana as the settlement layer. Neon EVM aims to be the solution that makes Solana’s throughput, swift block speeds, and low gas prices available to Ethereum contracts, without undertaking any reconfiguration. It interacts directly with Solana nodes to carry out transactions on Solana with parallel execution of transactions, and enables dApps to access tokens traditionally tied to the native L1 from EVM to Solana (and vice versa). NEON is the utility token for the Neon EVM ecosystem and will be used for governance and payment of gas fees.
Crypto.com App users can now purchase NEON and other crypto easily with 20+ fiat currencies, and spend it at over 80 million merchants globally using the Crypto.com Visa Card.