dYdX has rolled out its latest upgrade that offers isolated margin, markets, and critical
Raydium support. Following this upgrade,
Raydium DEX is significantly driving Solana's network popularity. Meanwhile, the burgeoning meme coin rally is propelling Raydium's drive on Solana, which radiates above Arbitrum, Maker, and many others. Several new meme coins like Solana's Penguiana $PENGU token and Donk.Meme are experiencing an impressive surge alongside Raydium. The
$PENGU token has already surpassed a $1M valuation on Raydium, setting the stage for a larger GUIANA NFT venture. Despite a general crypto drawdown, Raydium records a 100% weekly explosion.
Meme coins on Solana experienced explosive growth after listing on Raydium. Following their presale, Solana's Penguiana $PENGU Token and Donk.Meme have seen a significant boost in their valuations. Moreover, the innovative
Solana-based meme project, Donk.Meme, is preparing for listing on Raydium. Meanwhile, Memeinator’s presale has propelled Raydium's price upwards.
Despite the bullish trends, Raydium fell victim to a significant exploit, losing around
$2M. The hacker then transferred $2.7M to Tornado Cash. Raydium publicly acknowledged the incident and proposed compensation measures for all affected. Amidst this, Raydium and Serum gear up for a cross-chain future for
DeFi on Solana as Raydium announced the launch of the settlement protocol, Zebec.
Raydium's price continues to plummet towards levels seen in the Summer of 2021. Nonetheless, it remains hopeful given the potential RAY Coin holds, which may rise to $30 on exceeding $16.
Raydium Coin News Analytics from Tue, 09 Feb 2021 20:29:55 GMT to Tue, 25 Jun 2024 10:31:42 GMT -
Rating 5
- Innovation 7
- Information 8
- Rumor 5
