Raydium, a decentralized exchange (DEX) on the Solana blockchain, reported an astonishing $820M in revenue, outperforming competitors such as Solana, Uniswap and Ethereum. Furthermore, the
RAY coin experienced a rapid price surge, leading to forecasts for the period from 2025 to 2030. Its price prediction showed an upward trend following the announcement of its launchpad similar to
Pump.fun, which, upon launching, resulted in a 28% rise in RAY’s value.
Raydium is also venturing into a direct competition with Pump.fun by planning to launch a competitor platform, which could potentially trigger a meme coin war. However, RAY’s recent performance highlights a 75% monthly jump, with several signals suggesting a potential correction.
Pump.Fun caused a stir in the market by teasing a DEX launch, leading to a 27% depreciation in RAY's value. Some market observers consider Pump.fun’s rumored pivot to AMM trading a strategic miscalculation, igniting anticipations about Raydium’s planned
LaunchLab.
Despite facing potential future struggles, Raydium’s RAY coin experienced a substantial increase in value following a wallet presale. Several researchers are exploring the battle for Solana’s meme economy between Raydium’s LaunchLab and Pump.fun, acknowledging the challenging landscape for DEXs on Solana’s network.
Raydium Coin News Analytics from Tue, 22 Oct 2024 07:00:00 GMT to Tue, 20 May 2025 19:44:59 GMT -
Rating 8
- Innovation 6
- Information 7
- Rumor 2
