Neon EVM vs Raydium — how do they compare? Neon EVM trades at Rp331.43 (market cap Rp79,47M, Rp21,07M 24h volume), while Raydium trades at Rp12,354 (market cap Rp3,31T, Rp247,77M 24h volume). The key difference: Raydium is far larger — about 41650.9× Neon EVM's market cap, and Neon EVM's circulating supply is 239,5M / 1B NEON (24%) versus 269,3M / 555M RAY (49%) for Raydium. Which is the better fit depends on your goals — on Pluang, investors hold Neon EVM for 17 Days and Raydium for 24 Days on average.
| NEON | RAY | |
|---|---|---|
Market Cap | Rp79,47M | Rp3,31T |
Volume (24h) | Rp21,07M | Rp247,77M |
Circulating Supply | 239,5M / 1B NEON (24%) | 269,3M / 555M RAY (49%) |
Typical Hold Time | 17 Days | 24 Days |
Signals from Pluang's Aura AI — not financial advice
Neon EVM is currently trading at Rp334.8 with a market cap of Rp80.11M, showing bullish technical signals despite bearish moving averages. The token trades near its pivot point of Rp336, with key support at Rp323 and resistance at Rp351. With only 24% of the 1M max supply in circulation and an average hold time of 17 days, the token exhibits moderate distribution and holding patterns.
Overall outlook remains cautiously optimistic given the bullish technical signals and strong ADX readings, though limited circulating supply and low market cap present both growth opportunities and liquidity risks. Major risks include typical crypto volatility and the project's early-stage market positioning.
Raydium (RAY) trades at Rp12,568, showing neutral technical signals with bullish moving averages but neutral oscillators. The token holds a market cap of Rp3.36T with 49% of its max supply circulating. Recent milestones include surpassing Rp1,000T in trading volume after listings on Robinhood and Revolut, and enabling tokenized SpaceX stock trading on Solana, boosting its ecosystem utility.
Outlook is cautiously optimistic due to growing exchange support and protocol innovation, but risks include high volatility and regulatory uncertainty. Key support lies at Rp11,834, with resistance at Rp12,514. Investors should monitor on-chain activity and broader crypto market trends for directional cues.
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 →