Raydium's RAY token surged more than 20% in the week ending October 7, climbing from about $1.82 to a peak near $2.58 before settling around $2.45. This rise follows a brief move above $2 in September, reflecting increased trading activity on the Solana-based decentralized exchange. The token now faces a technical resistance zone between $2.58 and $2.60, which will test whether the momentum can continue. A breakout above this range could target higher liquidity areas near $2.65 and $2.80, while a pullback might find support between $2.20-$2.17 or deeper near $2-$2.04. Technical indicators show strong recent momentum, but the duration of the trend remains uncertain.
Raydium's recent price surge is mirrored on Pluang, where RAY trades at Rp44,455 with a strong 1-day gain of 12.91% as of Oct 07, 2026 22:33 WIB. The token's market cap stands at Rp11.96 trillion, supported by a robust 24-hour trading volume of Rp3.54 trillion. Despite the positive momentum, Pluang order activity shows a majority of 75% sell orders, with typical holders keeping their positions for about 25 days.
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 in...
Raydium (RAY), a Solana-based decentralized exchange token, saw a significant price surge on October 7, 2026, driven by strong spot buying pressure rather than leveraged trading. The elevated bid/ask ratio and neutral funding rates indicate real dema...
