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Neo Network: With this upgrade, will NEO defy broader market sentiment

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The year 2022 has been marked with a series of upgrades and hard forks for many blockchains. The latest chain in town to implement a network upgrade and a hard fork is the Neo Blockchain.The Neo Network is an open-source, community-driven blockchain platform that enables developers to digitize and automate the management of assets through smart contracts.

In addition, it also provides robust native infrastructures such as decentralized storage, oracles, and domain name service.According to a TestNet and MainNet Upgrade Notice published by the Network on 2 June, an upgrade known as the Neo-CLI v3.3.0 T5 was scheduled for implementation on the Neo Chain at an N3 block height of 1,730,000.

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