Raydium (RAY) experienced a 12.06% price drop following a 138% monthly surge, driven by profit-taking amid weakening market sentiment. The Crypto Fear & Greed Index slightly declined but remained in the 'Greed' zone, while trading volume stayed strong at around $75.4 million. Derivatives markets showed reduced leverage with an 8.88% drop in Open Interest and dominant long liquidations, indicating cautious positioning. Selling pressure persisted in both spot and futures markets, with increased token inflows to exchanges and seller dominance in futures. The critical $1.82 support level now determines if Raydium can maintain its rising channel and potentially rebound toward $2.18, or face a deeper correction if it breaks below this point.
As of Sep 30, 2026 06:11 WIB, Raydium (RAY) trades at Rp34.455 on Pluang, showing a 1.86% increase in the last day. Despite the recent correction noted in the article, the token maintains a market cap of Rp9,05 trillion and strong trading volume of Rp1,1 trillion. Pluang users currently favor buying with 88% of order activity, holding the token for an average of 25 days, highlighting ongoing investor interest.
Raydium's RAY token fell 12.06% on September 28 after reaching a high of $2.18, pulling back toward the $1.82 support level following a sharp monthly gain. The token had surged from $1.47 on September 17 to $2.18 on September 27, marking a 126-138% i...
Raydium, Solana's largest decentralized exchange, recorded its highest weekly revenue since mid-2025, driven by the integration of StonkFun's tokenized stock platform. This integration cut token launch costs by nearly 90%, sparking a surge in trading...
