Raydium vs THORChain — how do they compare? Raydium trades at Rp11,162 (market cap Rp2,98T, Rp111,91M 24h volume), while THORChain trades at Rp7,572 (market cap Rp2,56T, Rp45,21M 24h volume). The key difference: Raydium is the larger of the two by market cap, and Raydium's circulating supply is 269,5M / 555M RAY (49%) versus 338,2M / 354,2M RUNE (96%) for THORChain. Which is the better fit depends on your goals — on Pluang, investors hold Raydium for 25 Days and THORChain for 47 Days on average.
| RAY | RUNE | |
|---|---|---|
Market Cap | Rp2,98T | Rp2,56T |
Volume (24h) | Rp111,91M | Rp45,21M |
Circulating Supply | 269,5M / 555M RAY (49%) | 338,2M / 354,2M RUNE (96%) |
Typical Hold Time | 25 Days | 47 Days |
Signals from Pluang's Aura AI — not financial advice
RAY is currently trading at Rp11,213 with a market cap of Rp3 trillion, showing bearish technical signals with moving averages indicating selling pressure while oscillators remain neutral. The token has achieved significant milestones including surpassing Rp1 quadrillion in trading volume following major exchange listings on Robinhood and Revolut. Recent protocol developments include enabling 24/7 tokenized stock trading for the SpaceX IPO on Solana, expanding RAY's utility as a liquidity protocol.
Overall outlook remains cautious due to bearish technical indicators, though recent exchange listings and protocol innovations present growth opportunities. Key risks include high volatility near resistance levels and regulatory uncertainty around tokenized securities. Investors should monitor RSI levels and trading volume patterns for entry signals.
THORChain (RUNE) is trading at Rp7,625 with a market cap of Rp2.57 trillion, showing neutral technical signals overall. The asset maintains 96% circulation with strong moving average support but faces resistance near Rp7,688. Recent on-chain activity shows moderate network usage with no major protocol upgrades reported in the past month.
Outlook remains cautiously neutral with opportunities in cross-chain liquidity growth, though risks include regulatory uncertainty and typical crypto volatility. The token's utility in decentralized exchange infrastructure provides fundamental support, but investors should monitor trading volume patterns and broader market sentiment.
What Pluang investors did over the last 30 days
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 →THORCHain is a decentralized liquidity protocol that allows users to easily exchange cryptocurrency assets across a range of networks without losing full custody of their assets in the process. With THORChain, users can simply swap one asset for another in a permissionless setting, without needing to rely on order books to source liquidity. The native utility token of the THORChain platform is RUNE.
Read more on RUNE →