NEON-Double Targets on the horizon (16% & 55%gains) I like this NEON setup for an upcoming Bullish Swing back to retest $0.10939 for a 16% gain and top target of $0.14950 for a 55% gain.
Many factors to consider...Let's Dive In.
Token unlocks: 53.9M NEON ($5.52M, 22.51% of supply) entered circulation on June 30. Historical unlocks (e.g., July 2023’s liquidity provision) saw 34% price drops within 30 days.
AAVE V3 integration: Passed Temp Check with 83% approval (Neon EVM), potentially bringing Solana’s $70B+ DeFi TVL to Ethereum-native protocols via Neon.
Technical upgrades: Neon Proxy’s iterative execution optimization (targeting Q3 2025) aims to resolve transaction bottlenecks, critical for gaming/DeFi adoption.
Conclusion:
NEON’s price hinges on whether Aave-driven demand can counterbalance post-unlock sell pressure, while Solana’s ecosystem growth (up 19% TVL Q2 2025) provides tailwinds. Technicals suggest consolidation under $0.115 until clearer catalysts emerge.
