Raydium’s RAY to Rocket 30%? Buybacks Ignite Crypto’s Hottest Surge!
Raydium’s RAY token surges 10% as buybacks fuel bullish momentum. Could it hit $4.20? Uncover the DeFi boom driving Solana’s star DEX!
Raydium’s RAY Token: Ready for a 30% Surge?
Raydium (RAY), a leading decentralized exchange (DEX) on Solana, is making waves with a 10% price jump in 24 hours, reaching $3.30 as of May 26, 2025. After a 60% rally from $2.40 to $3.86, the token is now consolidating, with analysts eyeing a potential 30% climb to $4.20. What’s driving this? Raydium’s aggressive token buyback program, allocating 12% of trading fees to repurchase RAY, is boosting demand and reducing supply.
The launch of LaunchLab, Raydium’s meme coin platform, has also sparked excitement, competing with rivals like Pump.fun. With $2.1 billion in total value locked (TVL) and $120 billion in trades over 90 days, Raydium’s dominance in Solana’s DeFi space is clear. Technical indicators, like consistent higher highs and trading above key moving averages, signal strong bullish momentum.
For new investors, RAY offers an exciting entry into DeFi, but volatility and competition in Solana’s ecosystem pose risks. Stay informed and tread carefully!
NOTICE:
The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
NOTICE:
The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
