Raydium vs zkPass — how do they compare? Raydium trades at Rp11,091 (market cap Rp2,99T, Rp104,73M 24h volume), while zkPass trades at Rp719.3 (market cap Rp208,06M, Rp152,18M 24h volume). The key difference: Raydium is far larger — about 14370.9× zkPass's market cap, and Raydium's circulating supply is 269,5M / 555M RAY (49%) versus 288,3M / 1B ZKP (29%) for zkPass. Which is the better fit depends on your goals — on Pluang, investors hold Raydium for 25 Days and zkPass for 8 Days on average.
| RAY | ZKP | |
|---|---|---|
Market Cap | Rp2,99T | Rp208,06M |
Volume (24h) | Rp104,73M | Rp152,18M |
Circulating Supply | 269,5M / 555M RAY (49%) | 288,3M / 1B ZKP (29%) |
Typical Hold Time | 25 Days | 8 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.
ZKP is currently trading at Rp736.7 with a bearish technical outlook, showing strong selling pressure across moving averages and oscillators. The token trades near its pivot point of Rp743, with immediate support at Rp727 and resistance at Rp757. With only 29% of the 1 million max supply in circulation and an average hold time of 8 days, the asset shows limited distribution but high turnover.
Overall outlook remains cautious due to bearish technical signals and limited fundamental developments. Key opportunities include potential bounce from support levels, while risks involve low liquidity (Rp212.79M market cap) and the absence of recent protocol updates or ecosystem growth catalysts.
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 →zkPass is a zkTLS-based oracle network designed to enable verifiable proofs from private Web data. It allows applications to securely verify facts from HTTPS sources without exposing personal information or requiring changes to existing systems.
Read more on ZKP →