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Raydium surges 12% as protocol Earnings hit a yearly high of $3.87M, boosted by LaunchLab contributions.

Protocol Fundamentals
17 Sep 2026
AMBCrypto
View Source
Bullish
Raydium surges 12% as protocol Earnings hit a yearly high of $3.87M, boosted by LaunchLab contributions.

Raydium (RAY) has surged 12% following a strong performance in protocol Earnings, which reached approximately $3.87 million in September, marking its highest monthly gain in a year. This growth is partly driven by LaunchLab, which contributed 25% of the capital used for RAY Buybacks, supporting the asset's price momentum. Despite some profit-taking and net selling in recent days, rising trading volumes and a bullish Taker Buy Sell Ratio suggest sustained upward momentum. Investors should watch Spot Netflow for signs of continued strength or potential selling pressure.

Raydium's market cap stands at Rp6,99 trillion as of Sep 18, 2026, 02:43 WIB, with a 24-hour trading volume of Rp1,43 trillion on Pluang. The asset's price is currently Rp25.877, up 6.85% in the last day, supported by a Pluang order activity skewed 61% toward buys. Typical hold time among Pluang investors is 25 days, indicating moderate-term interest in RAY amid recent earnings-driven momentum.

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