$NEO Recently, NEO experienced a significant price surge of over 40% on April 8, marking its highest daily increase this year. This surge in NEO's price has generated speculation about whether this signals the beginning of a new bullish cycle for the cryptocurrency. Given NEO's past performance and its strong community, it remains to be seen if NEO will repeat its previous patterns or chart a new course.

Additionally, the trading volume for NEO saw an astonishing 4000% spike during this breakout, underscoring the substantial interest and demand for NEO among market participants. At the time of this surge, NEO was sitting at $170, which is a notable increase from its trading price around $20.

These developments have been accompanied by various activities within the NEO ecosystem, including its participation in conferences, final mint for Quirky Soul characters, and the "Dashboard-athon" hackathon event hosted by Flamingo Finance. These events have contributed to the overall buzz surrounding NEO and its potential for future growth.

In summary, NEO's recent price surge and the accompanying increase in trading volume, along with the active ecosystem developments, indicate a positive outlook for the cryptocurrency. Whether this bullish momentum continues remains to be seen, but the current sentiment seems optimistic.