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Raydium tests $1.46 support after rally; tokenized equity growth and buybacks strengthen fundamentals.

Technical Signals
14 Sep 2026
AMBCrypto
View Source
Neutral
Raydium tests $1.46 support after rally; tokenized equity growth and buybacks strengthen fundamentals.

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.

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