NEO Coin’s Potential Rally: Can Bybit Traders Capitalize on a $100 Breakout?
NEO, often referred to as ’China’s Ethereum,’ has seen dramatic price swings since its 2014 launch. After peaking at $198 in January 2018, the token now trades at $5.3 as of May 2025—a staggering 97% drop from its all-time high. Despite this, NEO’s innovative features like cross-language smart contract compatibility and its resurgence during the 2021 bull run (briefly hitting $120) keep traders speculating about its potential. With Bybit’s robust trading platform, could NEO’s next rally breach the $100 mark again? This analysis explores NEO’s technical foundations, historical performance, and why Bybit users should watch this asset closely.
NEO Coin Price Prediction: Potential Rally Above $100
NEO, China’s first blockchain platform launched in 2014, continues to evolve with smart contract capabilities and technical innovations like cross-language compatibility. Once a top performer with a $198 all-time high in January 2018, the token now trades at $5.3 as of May 2025—a 97% decline from its peak.
The 2021 bull run briefly reignited momentum, pushing NEO to $120 before retreating to double-digit levels. market observers now scrutinize whether its expanding ecosystem and scalability solutions can fuel a resurgence beyond the psychological $100 threshold.
Bybit Bounces Back: Kaiko Validates Fast Liquidity Recovery Post-$1.5B Hack
Bybit has demonstrated remarkable resilience following the largest hack in crypto history, with its liquidity rebounding to pre-incident levels within just 30 days. A new report by Kaiko, a leading provider of institutional-grade crypto market data, highlights this recovery as unmatched by industry peers.
On February 21, 2025, Bybit suffered a coordinated cyberattack resulting in $1.5 billion in unauthorized withdrawals. Despite the shockwaves sent through the global crypto ecosystem, Bybit’s swift response and robust infrastructure ensured uninterrupted trading. The platform’s liquidity, trading depth, and user confidence recovered with unprecedented speed.
