Raydium's token price rose 11% in 24 hours, hitting new local highs amid a sharp increase in trading activity across spot and derivatives markets. Open Interest jumped 57.4% to $19.6 million, while spot and futures volumes surged over 260% and 314% respectively, indicating heightened market participation. The rally's sustainability depends on continued buyer dominance as profit-taking risks grow, with potential short-term volatility if selling accelerates. Overall, Raydium maintains a bullish outlook but faces risks from elevated leveraged exposure.
Despite the recent surge in Raydium's token price noted in the article, on Pluang RAY trades at Rp41,888 with a 1-day decline of 5.41% as of Oct 08, 2026 23:12 WIB. The market cap stands at Rp11.27 trillion, reflecting significant investor interest. Selling dominates Pluang order activity at 77%, with typical hold time around 25 days, indicating cautious sentiment among traders.
Bitcoin (BTC) and Ether (ETH) prices declined by around 1.7-1.9% over the last 24 hours, with BTC trading near $82,722 and ETH near $2,563. Meanwhile, altcoins Jupiter (JUP), Raydium (RAY), and NEAR Protocol (NEAR) rose significantly, showing gains o...
Among the 89 largest cryptocurrencies, Jupiter (JUP) saw the biggest gain with a 14.22% increase to $0.378, while most major tokens declined over the 24 hours ending Oct. 8. Other notable gainers included Raydium (RAY) up 11.28% and Bitway (BTW) up 1...
On October 8, Jupiter (JUP) surged 13.43% to $0.377, leading gains among the top cryptocurrencies despite 75 of the 90 largest tokens declining. Other notable gainers included Bitway (12.75%), Raydium (9.95%), and NEAR Protocol (7.18%). Major cryptoc...
Raydium (RAY) surged 12.93% to $2.42, leading gains due to recent upgrades that improved its liquidity pools on the Solana platform. This highlights growing investor interest in decentralized finance (DeFi) projects that enhance user experience and l...
Raydium's RAY token surged more than 20% in the week ending October 7, climbing from about $1.82 to a peak near $2.58 before settling around $2.45. This rise follows a brief move above $2 in September, reflecting increased trading activity on the Sol...
