Raydium (RAY) is trading around $3.84, showing solid performance in recent days with a 40.10% increase in the last week, outperforming the global crypto market and other projects in the Solana ecosystem.
Technical trend:
Technical indicators point to a bullish trend.
- Moving averages (including SMA and EMA) are issuing strong buy signals.
- Oscillators like RSI and MACD also reinforce this signal, indicating positive momentum without extreme overbought conditions.
- The asset remains within an upward trend channel in the medium and long term.
Market activity:
- Market capitalization: $1,032,370,750
- Volume in 24 hours: $480,111,692
- Circulating supply: 270 million RAY
This high volume and presence on multiple exchanges reflect strong liquidity and active adoption, which enhances price efficiency.
Conclusion:
Raydium shows clear technical and fundamental strength in the short and medium term, supported by its integration into the Solana ecosystem and its growing activity in DeFi. Its current behavior suggests continuity in the positive trend, as long as it maintains key support at price levels close to $3.20–$3.30.
#Ray #SolanaStrong #ETFSOL #AltSeasonComing
