Midnight vs Raydium — how do they compare? Midnight trades at Rp532.69 (market cap Rp8,83T, Rp311,64M 24h volume), while Raydium trades at Rp12,535 (market cap Rp3,35T, Rp227,53M 24h volume). The key difference: Midnight is far larger — about 2.6× Raydium's market cap, and Midnight's circulating supply is 16,6B / 24B NIGHT (70%) versus 269,3M / 555M RAY (49%) for Raydium. Which is the better fit depends on your goals — on Pluang, investors hold Midnight for 9 Days and Raydium for 24 Days on average.
| NIGHT | RAY | |
|---|---|---|
Market Cap | Rp8,83T | Rp3,35T |
Volume (24h) | Rp311,64M | Rp227,53M |
Circulating Supply | 16,6B / 24B NIGHT (70%) | 269,3M / 555M RAY (49%) |
Typical Hold Time | 9 Days | 24 Days |
Signals from Pluang's Aura AI — not financial advice
NIGHT is currently trading at Rp526.13 with a market cap of Rp8.75T, showing bearish technical signals with moving averages indicating strong selling pressure. The token trades near its pivot point with key support at Rp508 and resistance at Rp539. With 70% of max supply in circulation and average hold time of 9 days, the asset shows moderate network activity amid current market conditions.
Overall outlook remains cautious with technical indicators favoring sellers, though neutral oscillators suggest potential consolidation. Key opportunities include RSI_6 buy signal at oversold levels, while major risks involve bearish momentum continuation and limited fundamental catalysts. Investors should monitor support levels closely for potential entry points.
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
Midnight is a next-generation blockchain developed by Charles Hoskinson, co-founder of Ethereum and founder of Cardano. It uses zero-knowledge proofs to enable applications that protect user, commercial, and transaction data without sacrificing utility. Midnight introduces a public–private dual-state architecture and a dual-component token model designed to balance privacy, selective disclosure, and on-chain functionality.
Read more on NIGHT →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 →