SONIC SVM vs Waves — how do they compare? SONIC SVM trades at Rp316.74 (market cap Rp234,03M, Rp14,18M 24h volume), while Waves trades at Rp3,502 (market cap Rp542,7M, Rp54,88M 24h volume). The key difference: Waves is far larger — about 2.3× SONIC SVM's market cap, and SONIC SVM's circulating supply is 740,4M SONIC versus 133,5M WAVES for Waves. Which is the better fit depends on your goals — on Pluang, investors hold SONIC SVM for 20 Days and Waves for 74 Days on average.
| SONIC | WAVES | |
|---|---|---|
Market Cap | Rp234,03M | Rp542,7M |
Volume (24h) | Rp14,18M | Rp54,88M |
Circulating Supply | 740,4M SONIC | 133,5M WAVES |
Typical Hold Time | 20 Days | 74 Days |
Signals from Pluang's Aura AI — not financial advice
SONIC SVM is currently trading at Rp311.52 with a market cap of Rp230.27 million, showing bearish technical signals across multiple indicators. The asset faces selling pressure with moving averages indicating strong bearish momentum while oscillators remain neutral. Key support levels are clustered around Rp305-318, with resistance forming at Rp332-345. No recent protocol updates or ecosystem developments have been reported for this token.
Overall outlook remains cautious due to bearish technical structure and limited fundamental catalysts. Key opportunities include potential bounces from support levels, while major risks involve low liquidity, high volatility, and the absence of recent ecosystem developments that could drive adoption and price appreciation.
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.
Sonic is the first SVM-based network extension on Solana, built for games and applications. It powers a Web3 social app layer designed to onboard the next billion users. Sonic is built with HyperGrid, a framework for managing optimistic Solana rollups.
Read more on SONIC →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 →