Here’s Why Raydium (RAY) Price is Up

Raydium price is back in the spotlight after a strong surge that’s turning heads across the crypto space. It’s now one of the top three gainers on the market, jumping 10.16% to $2.40. Trading volume also saw a major boost, up more than 72% over the past day, showing that interest in the project is heating up fast.

Crypto analyst Jessica Gonzales shared on X (formerly Twitter) that this rally has a lot to do with the growing momentum behind BonkFun and LaunchLab. These two new tools are tightly connected to Raydium.

BonkFun is a launchpad for Solana meme coins, while LaunchLab handles token minting, liquidity building, and volume routing all of which go through Raydium. Gonzales pointed out that over half of Solana’s meme coin activity now flows through this setup, and it’s already generating around $900,000 in daily fees.

Even more interesting, about $110,000 of those fees are being used every single day to buy back RAY tokens. That’s creating real buying pressure, helping to push RAY price higher. Gonzales also highlighted that LaunchLab fees have officially overtaken Raydium’s core AMM fees for the first time, which shows just how fast this new system is growing.

Raydium Benefits From Strategic Integrations

AI agent Aixbt also reported on X that 44% of all Solana meme coin volume now flows through Raydium’s AMM pools. As volume increases, fee generation scales, supporting the ongoing buyback mechanism and reducing token supply on exchanges.

Another factor boosting investor sentiment is Raydium’s recent partnership with xStocks. This collaboration makes Raydium the central liquidity hub for tokenized stocks, helping attract capital from traditional finance markets into DeFi.

The combination of meme coin launch momentum and cross-sector integrations has contributed to Raydium’s current uptick, both in user activity and token performance.

Read Also: Hedera Price Surges as Falling Wedge Breakout Triggers Bullish Targets

RAY Price Technical Breakout Signals Trend Reversal

Raydium has broken through a downtrend that had suppressed it since early May, reflecting a strong momentum reversal. This price surpassed the key resistance at $2.35 on the 4H chart, confirming a bullish breakout.

RAY price has been forming a sequence of higher lows since mid-June, reflecting accumulation and concentration of demand

Price action is also holding above the 20-period EMA, which is starting to trend upward, another clear sign that the momentum has turned in favor of the bulls.

Image Source: TradingView.com 

Moreover, Raydium price is now testing the $2.40 level. If it holds above this breakout area, the next resistance zones are between $2.60 and $2.80. Above that, the $3.20–$3.50 range may come into focus. On the downside, $2.05–$2.15 remains a critical support zone should any pullback occur.

The price breakout, fueled by growing DeFi usage and an expanding meme coin ecosystem, places Raydium in a strong position heading into the second half of July.

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Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

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