Two cryptocurrencies have seen unexpected growth amid the crypto market volatility. NEO and GAS posted notable gains of 13% and 35%, respectively, on Wednesday, driven by the Neo Bond program and growing interest in the integration of artificial intelligence into blockchain.
On a day where the cryptocurrency market has been affected by volatility, two digital assets have defied the general trend, showing exceptional performance. These are NEO y GAS, which have registered notable increases in their prices, standing out among the main digital assets in the market.
According to analysts, the increase in the value of these tokens is largely attributed to the launch of the Neo Bond program, which was presented by the Neo Foundation on April 10, via X.
BUY NEOAccording to the publication, Neo Bond is an initiative that offers an attractive annual percentage yield (APY) of 50% to its investors. This program is designed to incentivize participation among NEO token holders and unite the community to stabilize the market, according to the developers.
Additionally, NEO founder Da Hongfei has announced a new project that merges artificial intelligence (AI) and blockchain technology, capturing market interest and driving price recovery for NEO and GAS.
The Neo Bond Program: Stability and Incentives for NEO Holders
The Neo Bond program, launched by the Neo Foundation, is presented as a strategy to mitigate volatility and reward the loyalty of NEO holders. This initiative allows users to lock up their NEO tokens for a period of 30 days, in exchange for a 50% annualized return and a $5 price guarantee at maturity.
La initiative It is structured as a fixed-term vault, seeking to promote market stability through the voluntary blocking of tokens and the generation of trust.
BUY GASThe funds, along with any interest earned and any compensation should the token price fall below the set threshold, are automatically returned to the source address after the lockup period.
The Neo Foundation has pre-funded the program with 1 million NEO to ensure liquidity and repayment capacity. The multi-signature wallet address managing the bond funds is also act, allowing verification of all movements and operations.
The fusion of AI and Blockchain: A catalyst for the NEO ecosystem
In addition to the launch of the Neo Bond program, Hongfei has revealed details of a new project that combines artificial intelligence (AI) with blockchain technology, creating a bridge between Web2 and Web3 platforms.
With this announcement, the founder of NEO has become a key figure in the recent boom of NEO and GAS, generating great expectations in the market for the development of the project. Although Hongfei did not give further details about this new project in his publication, he did emphasize that this is an initiative that will close the gap between these technological ecosystems and that will strengthen Neo's role as a leader in decentralized technology.
PREPARE YOUR WALLETThe innovative fusion of AI and Blockchain seeks to facilitate the migration between Web2 and Web3 industries, enabling the creation of more efficient and versatile solutions for everyone. Da Hongfei's vision has resonated with the community, who see this integration as potentially transformative for the Neo ecosystem.
Following the announcement of the new project and the launch of the Neo Bond program, NEO's transaction volume has increased, impacting the price of the GAS token, which is required to pay processing fees for each transaction on the network.
Market data shows that NEO's price increased by 13% on Wednesday, surpassing $5,91 per token, while GAS saw an even larger increase of 35%, reaching a value of $3,44 per token. At press time, NEO and GAS are trading at $5,77 and $3,22, respectively..
BUY NEO HERENEO and GAS: Two tokens, one ecosystem
NEO, often referred to as the “Chinese Ethereum,” and GAS are two fundamental tokens within the Neo blockchain ecosystem.
NEO functions as the governance token of the network, allowing its holders to participate in decision-making and the future direction of the project. On the other hand, GAS is used to pay transaction fees and the consumption of resources within the network, facilitating the execution of smart contracts and other operations on the blockchain.
GAS is essential to the functioning of the Neo blockchain, whose price is closely tied to that of the NEO token. Over the past year, GAS has shown a positive correlation of 0,94 with NEO, increasing to 0,96 within a month. This relationship is because GAS is used to pay fees for transactions on the Neo blockchain, meaning that An increase in network activity translates into greater demand for GAS.
BUY GAS AT BIT2METhus, in a context of uncertainty in the cryptocurrency market, NEO and GAS have positioned themselves as notable exceptions, demonstrating solid performance driven by strategic factors and growing interest in their technology.
The Neo Bond program and Da Hongfei's vision to integrate artificial intelligence into the Neo blockchain have generated positive momentum in the community, attracting new investors and cementing confidence in the ecosystem's future.
Investing in cryptoassets is not fully regulated, may not be suitable for retail investors due to high volatility and there is a risk of losing all invested amounts.
