SONIC SVM vs Waves — how do they compare? SONIC SVM trades at Rp421.22 (market cap Rp306,03M, Rp16,4M 24h volume), while Waves trades at Rp4,649 (market cap Rp616,05M, Rp59,82M 24h volume). The key difference: Waves is far larger — about 2× SONIC SVM's market cap, and SONIC SVM's circulating supply is 725,9M SONIC versus 132,4M WAVES for Waves. Which is the better fit depends on your goals — on Pluang, investors hold SONIC SVM for 18 Days and Waves for 74 Days on average.
| SONIC | WAVES | |
|---|---|---|
Market Cap | Rp306,03M | Rp616,05M |
Volume (24h) | Rp16,4M | Rp59,82M |
Circulating Supply | 725,9M SONIC | 132,4M WAVES |
Typical Hold Time | 18 Days | 74 Days |
Signals from Pluang's Aura AI — not financial advice
SONIC SVM is trading at Rp419.34 with a market cap of Rp305.02M, showing bearish technical signals across moving averages and oscillators. The asset is currently trading near its pivot point of Rp420, with immediate support at Rp403 and resistance at Rp431. Hold time averages 18 days, indicating relatively short-term holding patterns among investors.
Overall outlook remains cautious with strong bearish momentum. Key opportunities include potential bounce from oversold RSI levels, while major risks include limited liquidity and the absence of recent protocol developments. Investors should monitor support levels closely for potential entry points.
WAVES is currently trading at Rp4,696 with a bearish technical outlook, showing 18 sell signals versus only 1 buy signal across key indicators. The asset is trading near its pivot point of Rp4,681 with immediate support at Rp4,539 and resistance at Rp4,786. Despite the bearish momentum, oscillators remain neutral with RSI levels suggesting potential for stabilization. No major protocol updates or ecosystem developments have been reported recently.
Overall outlook remains cautious with technical indicators pointing to continued downward pressure. Key opportunities include potential bounce from support levels, while major risks involve the strong bearish momentum and lack of recent fundamental catalysts. Investors should monitor for breakouts above resistance or breakdowns below support for directional clarity.
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 →