Raydium vs Wrapped Bitcoin — how do they compare? Raydium trades at Rp11,091 (market cap Rp2,97T, Rp111,39M 24h volume), while Wrapped Bitcoin trades at Rp1,119,365,780 (market cap Rp130,79T, Rp1,75T 24h volume). The key difference: Wrapped Bitcoin is far larger — about 44× Raydium's market cap, and Raydium's supply is capped (269,5M / 555M RAY (49%)) while Wrapped Bitcoin's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Raydium for 25 Days and Wrapped Bitcoin for 26 Days on average.
| RAY | WBTC | |
|---|---|---|
Market Cap | Rp2,97T | Rp130,79T |
Volume (24h) | Rp111,39M | Rp1,75T |
Circulating Supply | 269,5M / 555M RAY (49%) | 116,5K WBTC |
Typical Hold Time | 25 Days | 26 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.
WBTC is trading at Rp1,131,520,466 with a market cap of Rp132T, showing a bearish technical signal with moving averages indicating strong selling pressure. The asset is currently between support at Rp1,123,521,902 and resistance at Rp1,143,252,145, with a short-term RSI suggesting potential oversold conditions. No major protocol updates or ecosystem developments have been reported recently.
Overall outlook remains cautious due to bearish technicals and neutral sentiment. Key opportunities include potential rebounds from oversold levels, while major risks involve high volatility, regulatory uncertainty in crypto markets, and liquidity constraints. Investors should monitor Bitcoin network dynamics closely as WBTC's value is directly pegged.
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 →Wrapped Bitcoin (WBTC) is a tokenized version of Bitcoin on the Ethereum blockchain. Fully ERC-20 compatible, it can be used across Ethereum’s DeFi ecosystem, including DEXs, lending platforms, and prediction markets.
Read more on WBTC →