Raydium $RAY The current trading price is approximately $1.09, down about 1.5% in the last 24 hours, with a market capitalization of approximately $292.77 million¹.
Current Hotspots
- Security Risks – Upbit was hacked, resulting in the theft of Solana-based assets (including $RAY funds); additionally, the 'Crypto Copilot' Chrome extension was found to steal Solana transactions²³. These events have raised risk warnings for the Solana DeFi ecosystem.
- LaunchLab and Buybacks – Raydium's LaunchLab platform generates approximately $900,000 in fees daily, of which 12% is used for daily $RAY buybacks, with an annualized return rate of about 6%. Over 35,000 tokens have been issued through #LaunchLab , driving utility demand².
- Firedancer Upgrade and Competition – #Solana plans to upgrade Firedancer in the third quarter of 2025, aiming for *1 million+ TPS*, which could drive an increase in Raydium's trading volume, but competitors like Pump.fun still account for *44% of Solana memecoin trading volume*².
- Recent Technical Analysis – RAY previously broke through a reversal pattern, reaching a take-profit target near *1.62-1.72 USD*, but since it is currently hovering near the support level, short-term momentum has weakened⁴.
Do you want to explore *how security vulnerabilities may affect the price of RAY* or *what the fee structure of LaunchLab means for long-term holders*?
