Raydium price is on track for the third consecutive week of gains and is hovering at its highest level since January 2022 after it flipped Uniswap amid the ongoing Solana meme coin boom. The RAY token soared to a high of $6.32 on Friday, up by over 8,550% from its lowest level in 2023.
The cryptocurrency market continues to see significant shifts in 2024, with Pendle (PENDLE) emerging as one of the standout performers. After a year of impressive growth, Pendle has risen by 355% year-to-date, with its total value locked (TVL) reaching a robust $3.392 billion.
Raydium almost caught up with Uniswap's weekly volumes. The top Solana DEX also produced record 24-hour fees above $10M.
A Pendle whale has made a significant windfall, realizing an eye-popping $8.16 million profit from its recent investments in the Pendle token (PENDLE). This impressive gain, amounting to a 680% return on investment (ROI), highlights the growing demand and excitement surrounding Pendle, a decentralized finance (DeFi) project.
The crypto market is slowly returning to its full potential, where crypto trading is all about new gains and profits. In the last few days, the bulls have taken over the market.
Raydium (RAY) has been a prominent name in the world of decentralized finance (DeFi), and many crypto enthusiasts are wondering where its price is headed in the coming years. Built on the Solana blockchain, Raydium is both an automated market maker (AMM) and a liquidity provider for the Serum DEX.
According to recent on-chain data from EtherScan, Pendle team has transferred a whopping 2.025 million tokens to Binance, worth about $11.11 million. PENDLE token is swapped hands at about $5.51; it has increased over 4% over the last 24 hours and impressively 25.28% over the last 7 days.
Pendle's price action has stalled recently, raising concerns among investors as on-chain data reveals that the Pendle team has been selling off significant amounts of the token. With this new development, questions are swirling about whether Pendle is at risk of a major price drop in the near future.
Robert Kiyosaki, a Bitcoin lover, entrepreneur, and author of the popular classic book on finance management “Rich Dad Poor Dad,” has published a tweet to warn his audience on the X platform about the unleashed banking crash once again.
Raydium jumped 65% over the past week, making it the top gainer among the 100 largest cryptocurrencies. Raydium (RAY), the largest decentralized exchange on the Solana Blockchain rose for four consecutive days, to reach a 34-month high of $5.
With the Solana price reclaiming the $200 mark, the SOL ecosystem has experienced a significant uptrend in valuation this week. Following this, the Raydium price has almost 3xed its investors holding this month.
Raydium (RAY), the native token of the decentralized exchange (DEX) on the Solana blockchain, has been one of the standout performers in the cryptocurrency market in recent weeks. In a remarkable rally, RAY has surged to its highest point in two years, eclipsing Bitcoin's (BTC) gains over the same period.
Pendle price rallied to a four-month high as the positive sentiment in the crypto industry remained. It jumped to an intraday high of $5.69, continuing a bull run that started on August 5 when it bottomed at $1.828.
RAY emerges as one of the best performing cryptocurrencies as it surges to its highest level in 2024.
With the impressive surge of Raydium over the past month nearing 200%, could there be a ray of new ATH for RAY price soon?
The cryptocurrency market has undergone a notable spike, rising 7.41% in the last 24 hours and raising the entire market capitalization to $2.46 trillion. Along with this, trading volumes have increased by 128.03%, totaling $192.7 billion.
With a rising trend and the broader market recovery, the RAY price bull run creates a new all-time high. As the Solana-based DeFi protocol becomes one of the top performers in the crypto market, bulls target higher price levels. As the RAY prices approach the $6 breakout, will the bull run reach $16.
The probability of a strong altseason has increased as the Bitcoin price has risen. Moreover, the growing Bitcoin dominance fueled the expectation, which appears to become viable as the altcoins continue to gain strength. Presently, the dominance has reached levels around 60% from where the famous 2021 bull run was instigated.
Raydium (RAY) token went parabolic this week, soaring to its highest level since January 2022 as the crypto bull run entered high gear. RAY's crypto token surged to a high of $4.25, much higher than the year-to-date high of $0.94, representing a 365% jump.
The Raydium (RAY) price has suffered a considerable pullback following an astonishing rally that resulted in a 1000% year-on-year surge that pushed the Solana-based token well over $3.5. Solana (SOL), one of the most popular layer-1 networks, has surged following an 8% crash.
With altcoins struggling to sustain the bull run amid the market chaos, Toncoin and Pendle are crashing below crucial levels. While Toncoin heads below $4.63 support, Pendle breaks the 50-day EMA support.
The cryptocurrency market has started the week with a noticeable recovery, bringing renewed buying pressure across many altcoins. One standout performer is Pendle (PENDLE), which has recently climbed to a price of $4.52, marking an impressive 18% increase over the past month.
With the crypto market starting the week on a recovery note, the altcoins are witnessing a refreshed surge in buying pressure. Among the top performers, Pendle (PENDLE) has hit the $4.5 market price with an 18% jump in the last 30 days.
With the market capitalization of cryptocurrencies dropping 0.09% over the last day to $2.33 trillion, the crypto prices today are experiencing a minor decline. Additionally, trading volume has decreased by 4.87% to $88.31 billion, suggesting that investors are becoming cautious.
A pivotal $3.26 resistance lies ahead for RAY.
Raydium (RAY) price has surged nearly 20% over the past week, showing impressive strength within the Solana ecosystem. With Raydium maintaining a stronghold as the leading decentralized exchange on Solana, its price momentum is backed by substantial trading activity and liquidity.
With the crypto market witnessing almost $100M in short-side liquidations, the bull run chances are increasing amid Q4 rally chances. Further, as the BTC price is inching closer to surpassing the $65k mark as the buying pressure increases, the altcoins prepare to launch a new bull run.
Ever since the launch of the Bitcoin ETF, the institutions have been accumulating the token heavily. As the price is ascending towards the ATH, these activities have been intensifying, and as a result, the total ETFs held by them have now surpassed the Bitcoins held by Satoshi Nakamoto.
A crypto strategist who accurately called the Bitcoin (BTC) correction earlier this year thinks a decentralized finance (DeFi) altcoin is getting ready to erupt.
October has seen Raydium, Solana's largest DEX, generate $22.3 billion in volume, while Uniswap on Ethereum has processed $38 billion.
Raydium continues to draw attention as the most active DEX on Solana. RAY tokens trade near their one-year high, with rising open interest in the past weeks.
Raydium (RAY) is on a tear. Despite the usual volatility across all crypto assets, including blue-chip meme coins like Dogecoin and Pepe, the token is up 215% this year.
What's Raydium news today and what's causing this RAY price performance? Find out in this article!
Raydium recorded a strong rally over the past month, putting it in the overbought zone. But its funding rate shows the possibility of a further hike.
Here is how some of your favorite assets concluded the week.
Story Highlights The live price of the Raydium crypto is . RAY price could reach a high of $5.82 in 2024. Raydium coin price may reach a high of $27.36 by 2030. Built on the Solana chain for the Serum DEX, Raydium is an AMM and a liquidity provider.
Despite the lackluster performance of many cryptos this week, a few altcoins crypto whales bought and increased their exposure.
RAY reaps the benefit of impressive demand and utility within the Raydium DEX. TVL and volume soar to noteworthy levels.
The recent price action of Solana-based Raydium (RAY) has caught investor attention, as the decentralized exchange (DEX) token has maintained an uptrend, achieving a seven-month high.
In a notable development on October 21, Solana-based DEX Raydium achieved higher daily fee revenue than the Ethereum network.
Raydium briefly outpaced Ethereum in daily fees, with its trading volume and TVL also seeing significant growth.
EURC is a stablecoin that is tied to the Euro, which means it is designed to keep its value stable, just like the Euro itself. This is important because it helps protect against the wild swings in price that other cryptocurrencies often experience.
Pendle (PENDLE) has experienced an impressive recovery of 43% over the past 30 days, reaching a new monthly high of $5.13. Despite this bullish trend, key resistance levels and whale activity suggest traders should carefully consider their entry points.
Solana-based Raydium clocked $3.4 million in fee revenue on Oct. 21 versus $3.35 million for Ethereum, according to DeFiLlama.
Raydium, the largest decentralized exchange on the Solana blockchain, is firing on all cylinders as its token and volume rise. Raydium (RAY) token rose for six consecutive days, reaching its highest point since July 21.
PENDLE at crossroads as whales trim exposure despite overall bullish outlook.
Yield generation or farming cryptocurrencies exploded in the last crypto bull cycle but were still experimental in the early stages. Over three years later, the decentralized finance (DeFi) ecosystem and protocols have improved significantly, creating solid and promising market opportunities.