NEON EVM (NEON)
1. Fundamental Analysis
1.1 Introduce
Neon EVM provides a low-friction solution to enable Ethereum dApps to function within Solana, eliminating the gap between two leading blockchains. Neon EVM positions Ethereum developers to enjoy the best of Solana’s network, from low fees to high transaction speeds, and parallel transaction execution capabilities.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | NEON | Market Cap | 68847592.1 |
| Name | NEON EVM | White Paper | -- |
| Web Site | https://neonevm.org/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://neonscan.org/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000 | |
| Supply | 1000000000 | Release Date | 2023-07-18 |
| Available Supply | 192473000 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.3716 | 0.3759 | 0.351 | 0.357 | 147485.765475 |
| 2024-12-31 | 0.3643 | 0.4026 | 0.3641 | 0.3711 | 703856.015873 |
| 2024-12-30 | 0.355 | 0.4194 | 0.3545 | 0.3645 | 361314.785232 |
| 2024-12-29 | 0.3684 | 0.3782 | 0.3509 | 0.3558 | 104339.803523 |
| 2024-12-28 | 0.3673 | 0.3741 | 0.3484 | 0.3681 | 90504.215011 |
| 2024-12-27 | 0.374 | 0.391 | 0.355 | 0.3673 | 188599.359609 |
| 2024-12-26 | 0.38 | 0.3871 | 0.3596 | 0.3734 | 203477.750451 |
| 2024-12-25 | 0.4045 | 0.406 | 0.373 | 0.3798 | 207338.661274 |
| 2024-12-24 | 0.389 | 0.4134 | 0.3836 | 0.405 | 160238.360374 |
| 2024-12-23 | 0.3745 | 0.3912 | 0.3662 | 0.3892 | 162233.054991 |
| 2024-12-22 | 0.3808 | 0.3992 | 0.3672 | 0.3747 | 123254.335503 |
| 2024-12-21 | 0.4359 | 0.4382 | 0.3794 | 0.3806 | 183443.393199 |
| 2024-12-20 | 0.3716 | 0.436 | 0.3561 | 0.436 | 348812.742861 |
| 2024-12-19 | 0.4065 | 0.4194 | 0.3648 | 0.3718 | 345956.025857 |
| 2024-12-18 | 0.441 | 0.4497 | 0.4062 | 0.4065 | 389041.847711 |
| 2024-12-17 | 0.4824 | 0.4832 | 0.4411 | 0.4411 | 234377.329606 |
| 2024-12-16 | 0.4641 | 0.5531 | 0.4636 | 0.4825 | 587499.426479 |
| 2024-12-15 | 0.4574 | 0.4655 | 0.4571 | 0.4643 | 64806.014666 |
| 2024-12-14 | 0.465 | 0.476 | 0.4562 | 0.4576 | 411894.243805 |
| 2024-12-13 | 0.4801 | 0.4816 | 0.4632 | 0.4661 | 662517.24591 |
| 2024-12-12 | 0.4762 | 0.5189 | 0.4738 | 0.4802 | 1640513.566817 |
| 2024-12-11 | 0.4603 | 0.5323 | 0.4504 | 0.4758 | 3787194.75846 |
| 2024-12-10 | 0.4999 | 0.5019 | 0.4256 | 0.4603 | 2798392.639204 |
| 2024-12-09 | 0.5489 | 0.5493 | 0.4965 | 0.5002 | 681396.954294 |
| 2024-12-08 | 0.5861 | 0.5861 | 0.5481 | 0.5487 | 951094.642708 |
| 2024-12-07 | 0.6321 | 0.6354 | 0.586 | 0.5861 | 916090.126101 |
| 2024-12-06 | 0.5135 | 0.8771 | 0.5116 | 0.6322 | 11552794.398424 |
| 2024-12-05 | 0.4772 | 0.5649 | 0.463 | 0.5134 | 1523331.170136 |
| 2024-12-04 | 0.4369 | 0.5046 | 0.4266 | 0.4771 | 432942.11011 |
| 2024-12-03 | 0.4148 | 0.4641 | 0.4137 | 0.436 | 433023.37526 |
2.2 Analysis
The recent price action exhibits a strong upward trend, punctuated by periods of consolidation and minor retracements. However, the significant volume increase around December 6th suggests a potential exhaustion of the bullish momentum. While further upward movement is possible in the short term, a correction or period of sideways trading is likely in the near future, before a resumption of the longer-term trend. Sustained price action above 0.50 would confirm continued bullish pressure. Failure to hold above 0.45 could signal a more significant pullback. Overall, the outlook remains cautiously optimistic, but risk management is crucial given the potential for volatility.
