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Home/News Feed/RAY token surges 96.5% in a week, hitting highest price since January on strong buybacks and tokenized stocks launch
RAY
Rp31,643
-Rp1,657 -4.98%

RAY token surges 96.5% in a week, hitting highest price since January on strong buybacks and tokenized stocks launch

Protocol Fundamentals
11 Sep 2026
Blockonomi
View Source
Bullish
RAY token surges 96.5% in a week, hitting highest price since January on strong buybacks and tokenized stocks launch

The RAY token from Raydium surged nearly 97% over the past week, reaching its highest level since January. This rally was driven by a record $640,788 single-day token buyback, the launch of over 15 tokenized US equities like Boeing and Roblox on Solana, and increased blockchain activity with record SOL deposits and wallet addresses. These moves reduce token supply and expand trading options, positioning Raydium at the forefront of real-world asset tokenization and memecoin trends on Solana. Technical indicators suggest bullish momentum could push RAY toward $1.50, with strong support around $1.29.

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Raydium's Q3 2026 revenue jumps 264% as tokenized asset trading and buybacks surge

Raydium's Q3 2026 revenue jumps 264% as tokenized asset trading and buybacks surge

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...

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