Raydium's price surged from $0.60 to nearly $1.80 in September before pulling back to test a key support at $1.4583. The token's recent rally was driven by strong volume and its dominant role in Solana's tokenized-equity market, accounting for over 63% of trading volume. The protocol generated $18.8 million in fees and $3 million in revenue in the past month, supporting RAY buybacks that could boost demand. Holding the $1.4583 level is crucial for maintaining bullish momentum, while a break below could lead to a decline toward $1.10.
Raydium reported a 264.2% increase in net revenue to $7.99 million in Q3 2026, driven by growth in tokenized asset activity and a rebound in meme-token trading. Operating cash flow rose similarly by 263.6% to $8.67 million. The platform executed $5.2...
Raydium's token RAY traded around $1.91 on Oct. 19, up 6% from the previous day's close of $1.80, though still down 23% from early October. The platform saw a significant increase in trading fees on its Solana-based liquidity pools, reaching $57.1 mi...
