
Despite Pump.Fun's move to launch its decentralized exchange, PumpSwap, resulting in a pause in Raydium migrations, Raydium has been pushing back. It launched a Solana token creation platform and a burn-and-earn feature for coin creators to lock liquidity. Intense rivalry continues to burst forth between Raydium and Pump.fun, with the former unveiling its LaunchLab, specifically intended to challenge the latter's dominance.
The hike in the price of the RAY token has attracted whales betting big on Raydium amidst an altcoin shift. Even in the face of competition with Pump.fun's automated market maker rumors, the RAY token survived an initial drop, scoring big with a massive surge in its value following a record $54M buyback.
Raydium Coin News Analytics from Fri, 13 Sep 2024 07:51:17 GMT to Fri, 01 Aug 2025 12:03:05 GMT - Rating 2 - Innovation 7 - Rumor -2