Kusama vs Raydium — how do they compare? Kusama trades at Rp60,140 (market cap Rp1,13T, Rp60,91M 24h volume), while Raydium trades at Rp12,535 (market cap Rp3,4T, Rp223,54M 24h volume). The key difference: Raydium is far larger — about 3× Kusama's market cap, and Raydium's supply is capped (269,3M / 555M RAY (49%)) while Kusama's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Kusama for 77 Days and Raydium for 24 Days on average.
| KSM | RAY | |
|---|---|---|
Market Cap | Rp1,13T | Rp3,4T |
Volume (24h) | Rp60,91M | Rp223,54M |
Circulating Supply | 18,5M KSM | 269,3M / 555M RAY (49%) |
Typical Hold Time | 77 Days | 24 Days |
Signals from Pluang's Aura AI — not financial advice
Kusama (KSM) is currently trading at Rp59,954 with a market cap of Rp1.11 trillion, showing neutral technical signals overall. The asset maintains a bearish moving average outlook but neutral oscillators, with RSI levels around 60 indicating balanced momentum. Recent trading activity shows support at Rp58,663 and resistance at Rp61,661, with the current price positioned near the pivot point of Rp59,949. The network continues to function as Polkadot's experimental canary network, though no major protocol upgrades have been reported recently.
Overall outlook remains neutral with key opportunities in Kusama's role as a testing ground for Polkadot parachains. Major risks include typical crypto volatility and regulatory uncertainty. The asset's 77-day average hold time suggests moderate investor patience, but traders should monitor support levels closely given the bearish moving average signals.
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.
What Pluang investors did over the last 30 days
Kusama is an experimental version of Polkadot and built by the same team. It was designed to provide unprecedented interoperability and scalability for developers.
Read more on KSM →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 →