Raydium (RAY) is the native utility and governance token of the Raydium decentralized exchange — a Solana‑based AMM that also provides liquidity to shared order books like Serum/OpenBook.
The token’s price is trading around ≈ $0.57–$0.70 USD in early February 2026, dramatically below its all‑time high near $16.9 in 2021, reflecting prolonged downtrend pressure.
Market cap is around $150–$180 M, with active trading volumes showing ongoing DeFi interest even amid market weakness.
Technicals suggest short‑term volatility with occasional oversold bounces from support zones, but broader trend remains cautious.
RAY’s outlook largely depends on Solana ecosystem growth, liquidity mining incentives, and broader crypto market sentiment.
RAY
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