The Neo Core development team released Neo Express v3.9.1 on Feb. 4, marking the first official update since May 2025. The release adds .NET 10.0 targeting, aligns with Neo-CLI v3.9.1, and rolls up 39 merged pull requests spanning bug fixes, security patches, and multi-platform binaries for Linux, macOS, and Windows.

Tyler Adams from COZ has submitted a "Competitive Fee and Blocktime Enhancements" proposal on the neo.community governance forum, calling for a sharp reduction in Neo transaction execution fees and a move to three-second block times. The plan leverages Neo‑CLI v3.8.0 and v3.9.0 features, introduces limits on transactions per block and lower GAS per block, and would require a governance transaction with Council signatures and a one-week governance window to implement.

SpoonOS is running a Skills Micro Challenge from Feb. 3 to Feb. 9 with a US $5,000 prize pool for developers who submit "Agent Skills" via pull request to its designated repository. Participants can earn tiered rewards, while the top ten Skills gain accelerated consideration for a separate $50,000 grant program linked to the project's Web3-native Skills marketplace.

Neo SPCC released NeoGo v0.116.0, enabling the Faun hard fork on N3 MainNet at block 8,800,000 and on TestNet at block 12,960,000. The update adds P2P and RPC improvements, introduces NEP-30 support and a recoverFund method, and fixes a state synchronization issue at block 2,940,927. Preview support for the next fork, Gorgon, is included.

Neo SPCC has released NeoGo v0.115.0 as a backwards-compatible update that improves Notary service concurrency, refines NeoFS state synchronization, and adds operational enhancements. The new version also adjusts the default MainNet MaxBlockSystemFee to 150,000,000,000 datoshi and introduces several features gated behind the future Faun hard fork, including a native Treasury contract and fee whitelists. The release remains compatible with NeoGo v0.114.0 and does not require a full resync unless nodes are upgraded mid-sync with the NeoFS state sync extension active.

Neo co-founders Erik Zhang and Da Hongfei have issued conflicting public statements over control of the Neo Foundation treasury and the level of financial transparency, following a dispute on X in late 2025. Zhang has accused Da of failing to deliver promised disclosures and keeping some assets in personal custody, while Da has rejected this framing and says updated financial reports for Neo Foundation and Neo Global Development are scheduled for release in Q1 2026.

According to discussions in Neo's latest core developer meeting, the team narrowed a proposed custom contract fee NEP to a GAS-only design and advanced a transaction-based approach for committee liveness. They also highlighted a blocked funds recovery candidate for Neo 3.9, progressed an Ethereum-compatible BLS12-381 interface via neo-go, and outlined Neo N4 with sidechains bridged to the Neo N3 main chain.

NeoDashboard's NDMEME token has been approved as the first non-native asset on the Neo X Native Bridge, enabling transfers between the Neo X and Neo N3 networks. The bridge, built and maintained by BaneLabs, previously supported only native NEO and GAS, and now also allows NDMEME trading on CarrotSwap and Flamingo Finance. BaneLabs has opened a formal whitelisting process with strict technical and strategic criteria that projects must meet before being added.