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Raydium (RAY) rises 6% intraday amid strong Q3 trading fees on Solana platform

Protocol Fundamentals
19 Oct 2026
Tokenpost
View Source
Bullish
Raydium (RAY) rises 6% intraday amid strong Q3 trading fees on Solana platform

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 million in Q3 compared to $17 million in Q2. Part of these fees funds RAY token buybacks, linking token demand to exchange activity. The daily closing price for Oct. 19 was not yet established at the time of reporting.

Raydium's RAY token is trading at Rp34,667 on Pluang as of Oct 19, 2026 16:02 WIB, showing a 7.16% increase over the past day. The market cap stands at Rp9.31 trillion, indicating substantial investor interest. Despite a 68% sell order activity, the typical hold time on Pluang is 25 days, reflecting moderate investor confidence.

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