Raydium vs SONIC SVM — how do they compare? Raydium trades at Rp12,535 (market cap Rp3,35T, Rp235M 24h volume), while SONIC SVM trades at Rp419.9 (market cap Rp304,52M, Rp17,45M 24h volume). The key difference: Raydium is far larger — about 11000.9× SONIC SVM's market cap, and Raydium's supply is capped (269,3M / 555M RAY (49%)) while SONIC SVM's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Raydium for 24 Days and SONIC SVM for 18 Days on average.
| RAY | SONIC | |
|---|---|---|
Market Cap | Rp3,35T | Rp304,52M |
Volume (24h) | Rp235M | Rp17,45M |
Circulating Supply | 269,3M / 555M RAY (49%) | 725,9M SONIC |
Typical Hold Time | 24 Days | 18 Days |
Signals from Pluang's Aura AI — not financial advice
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.
SONIC SVM is trading at Rp420.57 with a market cap of Rp307.14 million. The technical outlook is bearish, with moving averages signaling strong selling pressure and oscillators neutral. Key support lies at Rp393 and resistance at Rp425. No recent protocol updates or major ecosystem developments are noted.
Overall outlook is cautious due to bearish technicals and low liquidity. Opportunities exist if support holds, but risks include high volatility and limited exchange depth. Investors should monitor for any network updates or increased trading activity.
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 →Sonic is the first SVM-based network extension on Solana, built for games and applications. It powers a Web3 social app layer designed to onboard the next billion users. Sonic is built with HyperGrid, a framework for managing optimistic Solana rollups.
Read more on SONIC →