Raydium vs Thena — how do they compare? Raydium trades at Rp12,535 (market cap Rp3,34T, Rp234,09M 24h volume), while Thena trades at Rp1,031 (market cap Rp134,89M, Rp105,52M 24h volume). The key difference: Raydium is far larger — about 24760.9× Thena's market cap, and Raydium's circulating supply is 269,3M / 555M RAY (49%) versus 133,3M / 326,1M THE (41%) for Thena. Which is the better fit depends on your goals — on Pluang, investors hold Raydium for 24 Days and Thena for 59 Days on average.
| RAY | THE | |
|---|---|---|
Market Cap | Rp3,34T | Rp134,89M |
Volume (24h) | Rp234,09M | Rp105,52M |
Circulating Supply | 269,3M / 555M RAY (49%) | 133,3M / 326,1M THE (41%) |
Typical Hold Time | 24 Days | 59 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.
Thena (THE) is trading at Rp1,020.28 with a market cap of Rp135.35 million, showing a bearish technical signal from moving averages while oscillators remain neutral. The token has 41% of its max supply in circulation, with an average hold time of 59 days. Current price sits near the pivot point of Rp1,042, indicating potential for directional movement. No major protocol updates or ecosystem developments have been reported recently.
Overall outlook remains cautious due to bearish technical indicators and limited fundamental catalysts. Key opportunities include potential rebounds from support levels, while risks involve low liquidity and typical crypto volatility. Investors should monitor trading volume and broader market sentiment for directional cues.
What Pluang investors did over the last 30 days
Latest headlines on both assets
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 →Thena is a decentralized exchange (DEX) that operates on the BNB Chain. It offers an extensive platform for decentralized finance (DeFi) activities. Thena is designed to facilitate spot and perpetual trading across a diversified range of assets, fulfilling the needs of various participants in the DeFi ecosystem.
Read more on THE →