Compare Ethena (ENA) vs Raydium (RAY) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Ethena vs Raydium — how do they compare? Ethena trades at Rp1,508 (market cap Rp14,52T, Rp2,14T 24h volume), while Raydium trades at Rp12,535 (market cap Rp3,38T, Rp223,77M 24h volume). The key difference: Ethena is far larger — about 4.3× Raydium's market cap, and Ethena's circulating supply is 9,6B / 15B ENA (64%) versus 269,3M / 555M RAY (49%) for Raydium. Which is the better fit depends on your goals — on Pluang, investors hold Ethena for 43 Days and Raydium for 24 Days on average.
| ENA | RAY | |
|---|---|---|
Market Cap | Rp14,52T | Rp3,38T |
Volume (24h) | Rp2,14T | Rp223,77M |
Circulating Supply | 9,6B / 15B ENA (64%) | 269,3M / 555M RAY (49%) |
Typical Hold Time | 43 Days | 24 Days |
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Ethena (ENA) is trading at Rp1,527 with a market cap of Rp14.55 trillion, showing bullish technical signals from moving averages despite neutral oscillators. The token has 64% of its 15 million max supply in circulation, with an average hold time of 43 days. Recent on-chain activity indicates steady network participation, though no major protocol upgrades have been reported recently.
Overall outlook is cautiously optimistic given technical strength, but investors should monitor overbought RSI levels and key resistance at Rp1,570. Major risks include typical crypto volatility and regulatory uncertainties, while opportunities lie in potential ecosystem growth and increased adoption if trading volumes sustain.
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.
Investor sentiment on Pluang
What Pluang investors did over the last 30 days
Investor sentiment on Pluang
What Pluang investors did over the last 30 days
Top news
Latest headlines on both assets
Top news
Latest headlines on both assets
About Ethena
Ethena is a synthetic dollar protocol built on Ethereum that will provide a crypto-native solution for money that is not reliant on traditional banking system infrastructure, alongside a globally accessible dollar-denominated savings instrument — the 'Internet Bond'.
Read more on ENA →About Raydium
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 →
