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Compare Raydium (RAY) vs Waves (WAVES) Price & Performance

Price performance (Past 24H)

Key statistics

Raydium vs Waves — how do they compare? Raydium trades at Rp11,211 (market cap Rp3,06T, Rp125,5M 24h volume), while Waves trades at Rp3,523 (market cap Rp542,7M, Rp54,88M 24h volume). The key difference: Raydium is far larger — about 5638.5× Waves's market cap, and Raydium's supply is capped (269,5M / 555M RAY (49%)) while Waves's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Raydium for 25 Days and Waves for 74 Days on average.

RAYWAVES
Market Cap
Rp3,06TRp542,7M
Volume (24h)
Rp125,5MRp54,88M
Circulating Supply
269,5M / 555M RAY (49%)133,5M WAVES
Typical Hold Time
25 Days74 Days

Aura AI Summary

Signals from Pluang's Aura AI — not financial advice

Raydium

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.

Waves

WAVES is currently trading at Rp 3,509, exhibiting a bearish technical structure with moving averages signaling strong selling pressure, though oscillators show some bullish divergence. The price is near key support at S1 (Rp 3,497), with resistance at R1 (Rp 3,585). No major protocol updates or ecosystem news were identified recently. The asset holds a market cap of approximately Rp 542.7 million with a circulating supply of 133.5 million tokens.

Overall outlook remains cautious due to dominant bearish signals and lack of positive catalysts. Key opportunity lies in a potential rebound from oversold RSI levels, but major risks include low liquidity, high volatility, and the absence of recent positive fundamental developments. Investors should monitor for breaks below support for further downside.

Investor sentiment on Pluang

What Pluang investors did over the last 30 days

RAY
8% Buy92% Sell
Avg holding period · 25 Days
WAVES

No sentiment data available yet.

About Raydium

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

About Waves

Waves is a versatile blockchain platform that supports decentralized applications (DApps) and smart contracts. Launched in June 2016 after one of the earliest ICOs, Waves aimed to enhance speed, utility, and user-friendliness compared to earlier blockchain platforms. The platform has evolved with various updates and features over time. Its native token, WAVES, has an uncapped supply and is used for payments like block rewards.

Read more on WAVES