$SOL 📉 CRYPTO UPDATE – RAY (Raydium) MARKET STATUS — FEBRUARY 1, 2026 📉
🔎 Current Price 📊
• RAY is trading around $0.75, showing a bearish mood with recent downward pressure in prices and low volatility in the intraday range.
📉 Market Weakness & Activity Drop
• Recent data shows Raydium’s user activity has plunged ~81% from its December highs — a major decline in transacting users that signals weakening demand and engagement on the platform. �
• Weekly and monthly trading volumes have also sharply dropped compared to competitors like PancakeSwap and Uniswap, showing that RAY’s liquidity and flow are under pressure. �
MEXC
MEXC
📉 Solana Ecosystem Pressures
• The underperformance of Solana meme coins and tokens has weighed on RAY and related DeFi assets, contributing to reduced market cap and volume across Solana-linked projects. �
MEXC
⚖️ Historical Context & Fundamentals
• RAY is the native token of Raydium — a decentralized exchange (DEX) and AMM on Solana with key liquidity functions and deep integration into DeFi. �
• The token’s all-time high remains far above current levels (~$16.83), meaning RAY is still down significantly from past peaks. �
Decrypt
Decrypt
📈 Development & Buyback Moves (Past Confidence Signals)
• In 2025, Raydium executed a massive ~$196M buyback, removing millions of tokens from circulation — aimed at boosting long-term confidence. �
@Raydium #Ray #RamdanWithBinance #RAY/USDT
