SubQuery Network vs Waves — how do they compare? SubQuery Network trades at Rp11.56 (market cap Rp32,83M, Rp6,53M 24h volume), while Waves trades at Rp3,491 (market cap Rp542,7M, Rp54,88M 24h volume). The key difference: Waves is far larger — about 16.5× SubQuery Network's market cap, and SubQuery Network's circulating supply is 3,3B SQT versus 133,5M WAVES for Waves. Which is the better fit depends on your goals — on Pluang, investors hold SubQuery Network for 3 Days and Waves for 74 Days on average.
| SQT | WAVES | |
|---|---|---|
Market Cap | Rp32,83M | Rp542,7M |
Volume (24h) | Rp6,53M | Rp54,88M |
Circulating Supply | 3,3B SQT | 133,5M WAVES |
Typical Hold Time | 3 Days | 74 Days |
Signals from Pluang's Aura AI — not financial advice
SubQuery Network shows limited market activity with a modest market cap of Rp32.83M and circulating supply of 3.3M SQT. The token exhibits short holding patterns averaging 3 days, indicating speculative trading behavior. Technical analysis reveals constrained liquidity and trading volume, while fundamental metrics suggest early-stage network development with no major protocol updates recently reported.
Outlook remains cautious due to low market cap vulnerability and limited exchange liquidity. Key opportunity lies in potential ecosystem growth if network adoption increases. Major risks include extreme volatility from low liquidity and regulatory uncertainty affecting smaller crypto projects. Investors should monitor for significant protocol developments or exchange listings that could impact token utility.
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.
SubQuery is a decentralized network that empowers developers by providing essential infrastructure and tools for web3 applications. At a high level, the SubQuery Network enables developers to build and scale decentralized applications (dApps) more easily by offering a comprehensive suite of solutions.
Read more on SQT →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 →