Metaplex vs Waves — how do they compare? Metaplex trades at Rp522.16 (market cap Rp263,93M, Rp218,12M 24h volume), while Waves trades at Rp4,648 (market cap Rp615,04M, Rp58,68M 24h volume). The key difference: Waves is far larger — about 2.3× Metaplex's market cap, and Metaplex's supply is capped (510M / 1B MPLX (51%)) while Waves's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Metaplex for 14 Days and Waves for 74 Days on average.
| MPLX | WAVES | |
|---|---|---|
Market Cap | Rp263,93M | Rp615,04M |
Volume (24h) | Rp218,12M | Rp58,68M |
Circulating Supply | 510M / 1B MPLX (51%) | 132,4M WAVES |
Typical Hold Time | 14 Days | 74 Days |
Signals from Pluang's Aura AI — not financial advice
Metaplex (MPLX) is trading at Rp521.34 with a market cap of Rp263.93M, showing a bullish technical signal despite mixed moving averages. The token is currently testing resistance at Rp524 with strong support at Rp454. With 51% of the maximum 1M tokens in circulation and an average hold time of 14 days, the asset demonstrates moderate network participation. Recent technical indicators show oscillators leaning bullish while moving averages remain bearish, creating a mixed short-term picture.
Overall outlook is cautiously optimistic with the token testing key resistance levels. Key opportunities include potential breakout above Rp524 resistance, while major risks involve low liquidity given the modest market cap and typical cryptocurrency volatility. Investors should monitor whether the token can sustain momentum above current levels or faces rejection at resistance.
WAVES is trading at Rp4,648 with a bearish technical outlook, showing sell signals across moving averages and neutral oscillators. The asset faces resistance at Rp4,735 with support at Rp4,575. Market cap stands at Rp612.02 million with 132.4 million tokens in circulation. No major protocol updates or ecosystem developments have been reported recently.
Overall outlook remains cautious due to strong bearish technical signals and limited fundamental catalysts. Key opportunities include potential bounce from support levels, while risks involve continued downward pressure and lack of positive ecosystem developments. Investors should monitor network activity and trading volume for signs of momentum shift.
What Pluang investors did over the last 30 days
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Metaplex plays a crucial role in one of the largest developer ecosystems in the blockchain world by providing the on-chain infrastructure needed to create nearly all tokens and NFTs on Solana and the Solana Virtual Machine (SVM). It is utilized by prominent launchpads, marketplaces, games, wallets, and various other applications, generating substantial revenue and transaction volume through its infrastructure.
Read more on MPLX →Waves is a versatile blockchain platform that supports decentralized applications (DApps) and smart contracts. Launched in June 2016 after one of the earliest ICOs, Waves aimed to enhance speed, utility, and user-friendliness compared to earlier blockchain platforms. The platform has evolved with various updates and features over time. Its native token, WAVES, has an uncapped supply and is used for payments like block rewards.
Read more on WAVES →