NEON climbed roughly
↗1.4%
over the past day, bucking its struggling DeFi peers, but the roughly
↘28%
monthly decline and persistent selling pressure tell a more cautious story.
Small daily gain masks monthly struggle
NEON's roughly
↗1.4%
gain over the past day outpaced its DeFi category, which fell roughly
↘2.9%
over the same period, yet the token remains down roughly
↘28%
over the past month—nearly double the category's average decline.
More sellers than buyers persist
Trading activity jumped roughly
↗35%
over the past day, but sellers continue to outnumber buyers nearly 2-to-1, signaling that many investors are still looking to exit despite the short-term bounce.
DeFi sector faces security crisis
The broader DeFi category is under pressure following the $8.5 million Term Finance governance exploit
and
$36.4 million Morpho liquidation cascade, weighing on investor confidence across lending protocols.