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Raydium price jumps 20% in October, eyeing $2.60 resistance amid strong protocol activity.

Protocol Fundamentals
07 Oct 2026
Crypto news
View Source
Bullish
Raydium price jumps 20% in October, eyeing $2.60 resistance amid strong protocol activity.

Raydium (RAY) price surged over 20% this week, outperforming the broader crypto market with strong momentum supported by rising protocol activity and token buybacks. The price rallied from around $1.82 at October's start to nearly $2.58, driven by increased spot trading volume and fee revenue on the Solana-based platform. Technical indicators show a bullish trend with potential resistance near $2.60 and $2.80, though short-term profit-taking risks remain due to rapid gains. A sustained break above $2.60 could accelerate the rally, while a drop below $2.20 may signal a correction.

As of Oct 07, 2026 22:22 WIB, Raydium (RAY) is trading on Pluang at Rp43.632, showing a strong 1-day gain of 10.82%. The platform records a market cap of Rp11,96 trillion and a 24-hour trading volume of Rp3,54 trillion for RAY. Notably, 75% of Pluang order activity is selling, while typical holding time is 25 days, highlighting active trading behavior.

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