Frax vs Raydium — how do they compare? Frax trades at Rp5,191 (market cap Rp486,14M, Rp11,61M 24h volume), while Raydium trades at Rp11,213 (market cap Rp3,01T, Rp124,09M 24h volume). The key difference: Raydium is far larger — about 6191.6× Frax's market cap, and Frax's circulating supply is 93,6M / 99,7M FRAX (94%) versus 269,5M / 555M RAY (49%) for Raydium. Which is the better fit depends on your goals — on Pluang, investors hold Frax for 9 Days and Raydium for 25 Days on average.
| FRAX | RAY | |
|---|---|---|
Market Cap | Rp486,14M | Rp3,01T |
Volume (24h) | Rp11,61M | Rp124,09M |
Circulating Supply | 93,6M / 99,7M FRAX (94%) | 269,5M / 555M RAY (49%) |
Typical Hold Time | 9 Days | 25 Days |
Signals from Pluang's Aura AI — not financial advice
FRAX is trading at Rp5,440 with a market cap of Rp509.75M, showing bullish technical signals with 13 buy indicators versus 6 sell. The asset maintains 94% circulation rate with strong moving average support. Current price sits between support at Rp5,380 and resistance at Rp5,637, indicating potential for near-term movement.
Overall outlook remains cautiously optimistic given bullish technical alignment, though RSI at 79.58 suggests potential overbought conditions. Key risks include typical crypto volatility and regulatory uncertainty. Opportunities exist if price breaks above resistance levels with sustained volume.
RAY is trading at Rp11,527 with a market cap of Rp3.05 trillion, showing neutral technical signals amid bearish moving averages. Recent news highlights include surpassing Rp1 quadrillion in trading volume after listings on Robinhood and Revolut, and enabling tokenized SpaceX stock trading on Solana, boosting ecosystem utility.
Outlook is cautiously optimistic due to increased exchange adoption and innovative use cases, but risks include high volatility and regulatory uncertainty. Key opportunities lie in Solana ecosystem growth, while major risks involve market manipulation and liquidity fluctuations.
What Pluang investors did over the last 30 days
FRAX is the native token of the Frax ecosystem, a decentralized finance protocol focused on building scalable, capital-efficient, and partially collateralized stablecoins. Frax combines algorithmic mechanisms with collateral backing to maintain price stability while enabling deep integration across DeFi applications such as lending, trading, and yield strategies. The ecosystem aims to provide stable, permissionless digital money optimized for on-chain financial systems.
Read more on FRAX →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 →