According to ChainCatcher, Solana's EVM-compatible network developer Neon Labs announced today that due to the recent challenging market environment, many business processes involving third parties have slowed down. Although not directly affected by the FTX collapse, the foundation is still finalizing documents with relevant parties, resulting in a delay in the release of Neon EVM. However, the underlying code and mechanisms of Neon EVM are ready from a technical point of view.

As previously reported, Neon Labs plans to launch the EVM-compatible network mainnet on Solana on December 12. (Source link)