HostRAY vs KBTC — price, size and safety, side by side
RAY (Solana) vs KBTC (Ethereum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-09-27 / 2026-09-26.
RAY vs KBTC — normalized performance, 2026-09-14 to 2026-09-26T18:07:24
| RAY | KBTC | |
|---|---|---|
| Price | $2.17 | $83.98K |
| Market cap | $538.82M | $755.56M |
| 24h volume | $17.26M | $1.10M |
| Liquidity | $19.53M | $19.22M |
| FDV | $1.11B | $578.06M |
| Holders | 265,730 | 5,010 |
| Age (days) | — | 137 |
| Safety grade | A | B |
Where they differ
- RAY measures ~16× the 24h volume of KBTC
- RAY measures ~53× the holder count of KBTC
- over the shared window RAY moved +46.8% while KBTC moved +6.02%
What the data says
RAY
RAY predates almost everything else on this site. Raydium launched in February 2021 as one of Solana's first serious AMMs, survived the 2022 collapse that took down much of the ecosystem around it, and then caught the largest tailwind in Solana's history: for a long stretch of the memecoin era, graduating pump.fun tokens landed their liquidity on Raydium, making it the venue where the frenzy actually settled. The token at mint 4k3Dyjzvzp8eMZWUXbBCjEvwSkkk59S5iCNLY3QrkX6R carries roughly $538.8 million of market capitalization and 265,730 holders as of the September 26, 2026 snapshot.
Structure first, as always: mint authority revoked, freeze authority revoked. After more than five years on-chain, the supply mechanics hold no surprises — what circulates is what exists, and no authority can lock a holder out of exiting. Tracked on-chain liquidity reads about $19.5 million in this snapshot, healthy in absolute terms and, fittingly for a DEX's own token, much of it sitting in Raydium's own pools.
KBTC
KBTC is Kraken's wrapped Bitcoin — the exchange's entry into the custodial-BTC field that BitGo's WBTC defined and Coinbase's cbBTC made a two-horse race. The deployment 0x73e0c0d45e048d25fc26fa3159b0aa04bfa4db98 is the Ethereum mint; our September 26, 2026 snapshot reads $19 million of tracked pool liquidity — real but thin against the incumbents' billions.
The honest framing is custody-shaped: a wrapped BTC is a claim on whoever holds the underlying coins, so Kraken's operational record and regulatory posture are the actual asset backing this token — same trust model as WBTC and cbBTC, different custodian. The spread between this read and the leaders' depth is the market's verdict on how much of that custody people want exposure to on-chain versus at the exchange itself.
FAQ
Which is bigger, RAY or KBTC?
By tracked market cap: RAY (Solana) measures $538.82M and KBTC (Ethereum) measures $755.56M — dated snapshots, not a live feed.
Which is safer, RAY or KBTC?
On the contract checks we publish: RAY (Solana) grades A and KBTC (Ethereum) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have RAY and KBTC performed over the shared window?
Between 2026-09-14 and 2026-09-26T18:07:24, the measured snapshots show RAY at +46.8% and KBTC at +6.02%.
More comparisons
JUPUSD vs RAYUSDM vs RAYPAXG vs RAYRAY vs BOMEJUPUSD vs KBTCKBTC vs BOMEUSDM vs KBTCPAXG vs KBTC
The grade column is the one CMC's compare page cannot print — our grade is computed from the contract itself (mint/freeze authority, liquidity, holder concentration). Changes are measured over the shared window stated on the chart, 2026-09-14→2026-09-26T18:07:24; a token with fewer measured points measures a shorter span inside it.
Figures are dated on-chain snapshots, not a live feed. Safety grades are structural checks — not investment advice. Free · no signup · a NexFlow product.