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.

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 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.

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.

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.

Chainlink (LINK) and Raydium (RAY) are signalling a potential breakout as bulls look to reclaim control. Another altcoin showing significant movement, despite paring recent gains is Pendle (PENDLE), which has attracted whales amid growing traction for decentralised finance protocols.

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.

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.

Mega Dice ($DICE) debuted on the decentralized exchange (DEX) Raydium on Monday after raising over $1.9 million in its recently concluded presale.

The Mega Dice presale has already provided a glimpse of the token's upside potential, with an impressive $1.89 million raised. With the presale scheduled to end in just 3 days, it wouldn't be a surprise if this figure hits the $2 million mark.

Decentralized Finance (DeFi) activity might be falling as of early September. According to DeFiLlama, all DeFi protocols spread across major blockchains like Ethereum and Solana manage roughly $77 billion worth of assets.

This innovative tool aims to offer projects a competitive edge, directly challenging Meteora's Dynamic Pools, which have gained traction in the space. “Burn & Earn” offers token teams a way to secure liquidity while continuously earning trading fees.

Gigacat ($GCAT) has become the latest cat-themed meme coin to launch on Raydium, a Solana-based decentralized exchange.

The crypto market has been trading mixed lately, but amidst the chaos, Solana has emerged as a standout performer. Over the last 18 months, Solana has consistently outpaced other blockchains, even surpassing Ethereum in several key metrics.

Decentralised exchange (DEX) tokens have joined the rest of the crypto industry in a deep sell-off. Uniswap (UNI), the biggest DEX in the industry, has retreated to $5.56, down by over 66% from its highest point this year. Similarly, Raydium (RAY), the biggest Solana DEX, has dropped to $1.

Solana has experienced a significant increase in on-chain activity and daily active addresses, driven by popular dapps like Raydium, Pump.Fun, and Jito.

TL;DR Meme Coin Mishap: Solana-based DEX Raydium attempted to launch a meme token called CTO via Twitter. However, another CTO token deployed by Makememe.now caused confusion, leading to a 75% drop in the official Raydium CTO meme token within 24 hours. User Frustration and Raydium's Response: Users expressed frustration after losing funds.

The decentralized exchange attempted to launch a meme token using Twitter tool makenow.meme, but things "didn't exactly go as expected."

Dapps like Raydium, Pump.Fun and Jito have been the top fee generators on the Solana blockchain, data shows.

Decentralized exchange Raydium launched a meme coin called CTO using a new crypto launchpad, but things didn't go according to plan.

Uniswap and Raydium saw outsized inflows of users as market optimism returned in July. Raydium continues to surpass bigger chains and protocols in terms of weekly fees.

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Raydium (RAY) is one of the cryptocurrencies to see huge gains in the past week. After trading to lows of $1.46 on June 24, Raydium price has risen steadily to reach highs of $2.73 on July 22.

This integration simplifies and speeds up entry into the dynamic Solana network. By integrating MoonPay, a financial technology company that facilitates fiat-to-crypto transactions, Raydium aims to lower the barriers to entry.

The crypto market is buzzing with numerous digital assets, so it's not surprising that many promising altcoins remain under the radar.

The protocol also announced an Android app allowing users to trade on the mobile phone platform, among other upgrade features.

Solana's main decentralized exchange, Raydium, has grown in volume in the past months. Recently, Raydium's activity surpassed Uniswap based on the growing demand for Solana-based assets.

In a remarkable showcase of growth and enthusiasm, Penguiana, the unique penguin-themed meme coin on the Solana blockchain, has successfully launched its $PENGU token on Raydium. Buy $PENGU here on Raydium. This milestone comes after a highly successful presale, confirming strong investor interest and community support.

In a startling development, the Donk.Meme team just announced the launch of its token presale. The project is slated to debut its native token, $DONKM, which has lately gained much attention in the crypto space.

Raydium on Solana has surged to become one of the top seven protocols by 24-hour fees, overtaking networks and projects such as Arbitrum, Maker and even Aave. This rise is attributed to a significant meme coin rally within the Solana ecosystem, capitalizing on Ethereum's recent lackluster performance and the market's search for high-risk, high-reward assets.