Raydium vs Walrus — how do they compare? Raydium trades at Rp11,213 (market cap Rp3,02T, Rp121,65M 24h volume), while Walrus trades at Rp369.51 (market cap Rp934,29M, Rp62,24M 24h volume). The key difference: Raydium is far larger — about 3232.4× Walrus's market cap, and Raydium's circulating supply is 269,5M / 555M RAY (49%) versus 2,5B / 5B WAL (51%) for Walrus. Which is the better fit depends on your goals — on Pluang, investors hold Raydium for 25 Days and Walrus for 24 Days on average.
| RAY | WAL | |
|---|---|---|
Market Cap | Rp3,02T | Rp934,29M |
Volume (24h) | Rp121,65M | Rp62,24M |
Circulating Supply | 269,5M / 555M RAY (49%) | 2,5B / 5B WAL (51%) |
Typical Hold Time | 25 Days | 24 Days |
Signals from Pluang's Aura AI — not financial advice
RAY is trading at Rp11,527 with a market cap of Rp3.05 trillion, showing neutral technical signals amid bearish moving averages. Recent news highlights include surpassing Rp1 quadrillion in trading volume after listings on Robinhood and Revolut, and enabling tokenized SpaceX stock trading on Solana, boosting ecosystem utility.
Outlook is cautiously optimistic due to increased exchange adoption and innovative use cases, but risks include high volatility and regulatory uncertainty. Key opportunities lie in Solana ecosystem growth, while major risks involve market manipulation and liquidity fluctuations.
Walrus (WAL) is currently trading at Rp377.19 with a market cap of Rp947.31M, showing bearish technical signals across moving averages and oscillators. The token has 51% of its 5M max supply in circulation with an average hold time of 24 days. Technical indicators suggest continued downward pressure with key support at Rp396 and resistance at Rp436.
Overall outlook remains cautious with bearish momentum dominating. Key opportunities include potential accumulation at support levels, while major risks include low liquidity and continued selling pressure. Investors should monitor for any protocol updates or exchange listings that could improve 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 →Walrus is a decentralized data storage protocol and application development platform that enables apps to manage large data files and rich media content like videos, images, and audio. Built on Sui, it allows for the handling of both on-chain and off-chain data using Move-based smart contracts. Developed by Mysten Labs, Walrus is the first network that permits storage of any data size on-chain at scale. This capability enhances how Web3 projects use their data, supporting the development of diverse on-chain businesses.
Read more on WAL →