Neon EVM, the first Ethereum Virtual Machine operating directly on the Solana blockchain, has confirmed a surge in daily smart contract deployments and DEX transaction volume. Backed by Jump Capital, Neon allows standard Solidity smart contracts to execute in parallel across Solana's high-speed Sealevel multi-threaded engine.
By utilizing decentralized Proxy operators that convert standard EVM transactions into native Solana transactions, Neon users enjoy the familiarity of MetaMask and Solidity tools alongside 400ms block speeds and gas fees under $0.01. The protocol's trustless bridge, NeonPass, facilitates seamless asset transfers between Ethereum and Solana accounts.
As major DeFi and NFT protocols deploy cross-VM deployments to tap into Solana's liquidity, Neon EVM cements its role as a vital scaling bridge.
