Neon EVM vs Raydium — how do they compare? Neon EVM trades at Rp245.07 (market cap Rp58,44M, Rp2,27M 24h volume), while Raydium trades at Rp11,091 (market cap Rp2,95T, Rp114,09M 24h volume). The key difference: Raydium is far larger — about 50479.1× Neon EVM's market cap, and Neon EVM's circulating supply is 239,5M / 1B NEON (24%) versus 269,5M / 555M RAY (49%) for Raydium. Which is the better fit depends on your goals — on Pluang, investors hold Neon EVM for 19 Days and Raydium for 25 Days on average.
| NEON | RAY | |
|---|---|---|
Market Cap | Rp58,44M | Rp2,95T |
Volume (24h) | Rp2,27M | Rp114,09M |
Circulating Supply | 239,5M / 1B NEON (24%) | 269,5M / 555M RAY (49%) |
Typical Hold Time | 19 Days | 25 Days |
Signals from Pluang's Aura AI — not financial advice
Neon EVM is currently trading at Rp247.3 with a market cap of Rp58.93M, showing bearish technical signals across most indicators. The token faces strong selling pressure with moving averages unanimously bearish (0 buy, 13 sell signals) while oscillators remain neutral. Key support levels cluster around Rp236-244 with resistance at Rp248-261. With only 24% of the 1M max supply in circulation and average hold time of 19 days, liquidity remains constrained.
Overall outlook remains cautious with technical weakness dominating. The primary opportunity lies in oversold RSI readings suggesting potential bounce, while major risks include low liquidity, concentrated supply, and persistent bearish momentum. Investors should monitor whether price can hold above critical Rp236 support.
RAY is currently trading at Rp11,213 with a market cap of Rp3 trillion, showing bearish technical signals with moving averages indicating selling pressure while oscillators remain neutral. The token has achieved significant milestones including surpassing Rp1 quadrillion in trading volume following major exchange listings on Robinhood and Revolut. Recent protocol developments include enabling 24/7 tokenized stock trading for the SpaceX IPO on Solana, expanding RAY's utility as a liquidity protocol.
Overall outlook remains cautious due to bearish technical indicators, though recent exchange listings and protocol innovations present growth opportunities. Key risks include high volatility near resistance levels and regulatory uncertainty around tokenized securities. Investors should monitor RSI levels and trading volume patterns for entry signals.
What Pluang investors did over the last 30 days
Neon EVM is a smart contract platform on Solana, which uses a proof-of-history consensus for added security. Although it faces occasional downtimes, solutions are expected in six months. With over 200 projects lined up for launch, including notable Ethereum-based ones like Curve and Sobal, Neon EVM aims to enhance interoperability and integrate with major Ethereum tools in the future.
Read more on NEON →Raydium (RAY) is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook meaning that funds deposited into Raydium are converted into limit orders which sit on Serum’s orderbooks.
Read more on RAY →