The **cryptocurrency, Raydium Coin**, also known as RAY, featured heavily in the cryptocurrency news recently for various reasons. There were reviews and predictions on the future **price** of the RAY, some suggesting up to 100% inflations by 2030, while others examined the possibility of reaching $5. **Raydium**, leveraging the **Solana** blockchain, is reported as making significant strides to cement USD1 as Solana's go-to **stablecoin**, in collaboration with **WLFI and Bonk**. In addition, Raydium is stepping up its game with the **LaunchLab**, a platform for memecoin, meme-swap and token issuance, which appears to be attracting attention and trading volume. This move seems to be a retaliation to Pump.fun's upcoming Automated Market Maker (AMM) in an attempt to capture the market share dominated by **Pump.fun**, a move that was criticized as a strategic miscalculation by Raydium. An interesting aspect is the token buyback program by **Raydium**, valued at $190 million driving up its market cap near to $800 million. But, rumors of Pump.fun testing its AMM took a toll on RAY, prompting double-digit price falls. Despite the competition from rival PumpSwap, Raydium appears unfazed and is expected to launch its Pump.fun alternative within a week. On the partnership front, Raydium teaming up with **Jupiter** jerks up the heat in the altcoin season under the **Solana** network. The shaping up **crypto war** between **Raydium** and **Pump.Fun** seems a tug of market control with every move by each side triggering market reactions. Rounding up the news is the expansion of Trump's $2.9B USD1 stablecoin to the Solana network facilitated by the strategic partnership comprising **Bonk, Raydium, and BONK.fun**.
Raydium Coin News Analytics from Thu, 16 Dec 2021 08:00:00 GMT to Tue, 23 Dec 2025 07:24:00 GMT -
Rating 2
- Innovation 9
- Information 6
- Rumor -5
