Ray vs Luna Ring 2.0: health tracker comparison (2026) | Chargerless
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Before you buy Luna Ring 2.0

A $300 subscription-free smart ring, compared with a light-powered band.

Luna Ring 2.0 is a $300 smart ring with no subscription and blood-oxygen sensing. It lasts up to five days per charge, and its case holds up to 30 days of extra power. Ray also has no subscription, but it's worn on the wrist, uses swappable watch-style bands and runs on light.

Gold Ray below a rolled sleeve, resting on a shaded bench

The short answer

Choose Luna if you want a compact ring with blood-oxygen tracking and no fees. Choose Ray if you'd rather wear a band and skip charging entirely.

Luna Ring 2.0 status: Currently sold.

Side by side

Specs are manufacturer claims and US pricing snapshots, not lab-test results. A blank promise is less useful than a clear tradeoff, so we keep this list deliberately practical.

What changesChargerless RayLuna Ring 2.0
FormatScreen-free wristbandSmart ring
PowerLight powered; no charging routineRechargeable; up to 5 days, case up to 30 days
ScreenNoneNone
US price$219 silver / $249 gold$300
Required subscriptionNoneNone
Core trackingSleep, heart rate, HRV, temperature, steps and light exposureSleep, readiness, activity, HR, HRV, temperature and SpO₂

Still weighing fitness trackers? Read what to look for in a tracker you'll want to wear every day.

Neither wins every category

The best tracker is the one whose compromises fit your life—and that you will actually keep wearing.

Why choose Ray

Ray runs from light and uses familiar, swappable watch bands.

Why choose Luna Ring 2.0

Luna is a compact ring and includes SpO₂ tracking.

Research note. Competitor facts were checked against Luna Ring 2.0 product page on August 20, 2026. Prices, promotions, regional features and announced-product timelines can change. Ray details reflect the current Chargerless product page. Neither product is a substitute for medical care.