What could affect the price of RAY?
Raydium is balancing strong growth opportunities with some industry challenges.
- LaunchLab Momentum – Generates $900K in daily fees, which helps buy back RAY tokens
- USD1 Stablecoin Partnership – Exclusive deal on Solana boosts trading volume
- Regulatory Challenges – 27% of the crypto market is in regions where Raydium faces restrictions
In-Depth Look
1. LaunchLab Growth & Buybacks (Positive for RAY)
What’s happening: Raydium’s LaunchLab platform has helped launch over 35,000 tokens and brings in $900,000 in daily fees. About 12% of these fees are used to buy back RAY tokens, removing them from circulation. Since July 2025, more than 3.45 million RAY tokens (worth $9.5 million) have been taken out of the market.
Why it matters: Regular buybacks reduce the number of tokens available, which can increase value. Plus, growing fees show that the platform is thriving. If LaunchLab keeps growing fees by 60% each quarter, RAY could benefit from both higher demand and fewer tokens available (CoinMarketCap community).
2. USD1 Stablecoin Partnership (Mixed Effects)
What’s happening: Raydium is the exclusive decentralized exchange (DEX) for the USD1 stablecoin by World Liberty Financial, launched on September 1. This stablecoin targets institutional investors on the Solana blockchain.
Why it matters: Being the go-to platform for USD1 stablecoin trading could increase Raydium’s trading volume and fees. However, strong competition from established stablecoins like Circle’s USDC and Tether, which hold 83% of the stablecoin market, may limit how much Raydium can grow (X post).
3. Regulatory & Competitive Risks (Challenges Ahead)
What’s happening: About 27% of the crypto market comes from places like the U.S. and U.K., where Raydium faces restrictions. Additionally, a competitor called Pump.fun took 44% of Solana memecoin trading volume in July 2025.
Why it matters: These geographic restrictions limit Raydium’s user growth. Plus, competition threatens its fee income. Raydium’s turnover ratio (0.13) is much lower than Uniswap’s (0.41), meaning it has less trading activity and liquidity, which can lead to bigger price swings during sell-offs (CoinMarketCap community).
Conclusion
Raydium’s future price depends on how well it can grow fees through LaunchLab while navigating regulatory limits and competition on Solana. The $3.30–$3.70 price range will be key to seeing if buybacks and USD1 adoption can overcome these challenges. A big question is whether RAY can keep up its 65% gain this year if Bitcoin’s market dominance rises above 57%.
What are people saying about RAY?
The Raydium (RAY) community is divided between optimism for a price breakout and worries about a possible price drop. Here’s what’s trending right now:
- Price could hit $6 if it breaks $3.50 – Analysts see strong resistance at this level
- Buybacks reduce supply – The protocol has taken 3.45 million RAY tokens out of circulation
- User activity is dropping – Active addresses have fallen by 81% since December
Deep Dive
1. Bullish Outlook: $6 Target if $3.50 Breaks
@mkbijaksana says:
"RAY is trying to break resistance around $3.50 [...] aiming for $6.17"
– (27K followers · 42K impressions · Aug 27, 2025)
View original post
What this means:
If Raydium’s price stays above $3.50, it could trigger automated buying by traders who watch this key level closely. This could push the price up by about 74% to around $6.17, assuming there’s enough trading activity above the recent high of $3.82 in August.
2. Bearish Outlook: Risk of Drop to $1.50 if $3.80 Rejected
@ali_charts warns:
"This last rejection at $3.80 could send Raydium $RAY back to $1.50!"
– (382K followers · 2.1M impressions · Sept 2, 2025)
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What this means:
The $3.80 price level has stopped rallies twice since August, which is a bearish sign. If Raydium’s price falls below key support levels—like the 200-day moving average at $2.99 and the third-quarter support at $2.40—it could drop as low as $1.50, a 60% decline.
3. Buybacks Reduce Supply, Supporting Price
According to Cryptonews:
"$RAY Buyback removes 3.45M tokens [...] 9.5% of 30-day volume"
– Aug 18, 2025
Read full article
What this means:
Raydium’s protocol is buying back tokens daily—about $110,000 worth at current prices—which reduces the number of tokens available to sell. Since 12% of fees go toward these buybacks, the program could remove around 4.1 million RAY tokens each year, which is about 1.5% of all tokens currently circulating. This scarcity can help support the price.
Conclusion
Opinions on Raydium’s future are mixed. While there’s potential for the price to rise if it breaks key resistance levels, there are also concerns about declining user activity on the platform. The price range between $3.30 and $3.50 is a major focus for traders, but the most important factor to watch is Raydium’s total value locked (TVL)—currently $2.07 billion—which is under pressure due to waning interest in Solana-based meme coins. Keep an eye on whether the price closes above $3.50 on a weekly basis for clearer direction.
What is the latest news about RAY?
Raydium is navigating upgrades and market ups and downs – here’s what’s influencing RAY:
- Buyback Burns 3.45M RAY (August 18, 2025) – Taking 9.5% of monthly trading volume out of circulation.
- LaunchLab Fees Outpace Swaps (August 9, 2025) – The platform earns $900K daily, helping fund buybacks.
- RAY Drops 10%, Big Investors Buy More (August 19, 2025) – Price holds steady around $3.28 as large holders step in.
Deep Dive
1. Buyback Burns 3.45M RAY (August 18, 2025)
What happened: Raydium’s buyback program has taken 3.45 million RAY tokens (about $12.2 million) off the market since July 2025. This equals nearly 10% of the tokens traded in the last 30 days. The buybacks are partly funded by fees from LaunchLab, Raydium’s token launch platform. This move aims to reduce selling pressure from competitors like Pump.fun, which grabbed 44% of Solana’s memecoin market in July.
Why it matters: Reducing the number of tokens available can help push prices up, especially when trading activity is low (Raydium’s turnover is 0.13 compared to Uniswap’s 0.41). However, rules in the US and UK limit new users, which could slow growth.
(Cryptonews)
2. LaunchLab Fees Outpace Swaps (August 9, 2025)
What happened: LaunchLab now brings in $900,000 a day in fees, more than what Raydium earns from token swaps. About 12% of these fees go toward buying back RAY tokens. Over 35,000 tokens have been launched on LaunchLab, but Pump.fun’s competing decentralized exchange (DEX) has taken a big share of Solana’s memecoin trading.
Why it matters: This is a mixed sign for RAY. Growing fees support the token’s value, but competition could hurt Raydium’s market share. The upcoming Solana network upgrade, Firedancer (expected Q3 2025), is key to improving capacity for LaunchLab projects and maintaining growth.
(CoinMarketCap)
3. RAY Drops 10%, Big Investors Buy More (August 19, 2025)
What happened: RAY’s price fell 10% to $3.28 amid a general drop in altcoins. However, data shows large holders (whales) are buying at this price level. Since mid-June, buyers have been supporting the price between $3.05 and $3.30.
Why it matters: This is cautiously positive for RAY. Continued buying by whales (net +1.04 million RAY tokens) suggests confidence in a price rebound. But if the price falls below $3.05, this positive outlook could change.
(AMBCrypto)
Conclusion
Raydium’s buybacks and LaunchLab’s fee growth help balance out competition and regulatory challenges, keeping RAY’s price stable between $3.05 and $3.70. As Solana’s ecosystem grows, the big question is whether LaunchLab can keep up its 60% monthly fee growth through the end of 2025 or if rivals like PumpSwap will split the market.
What is expected in the development of RAY?
Raydium’s development is moving forward with these key milestones:
- LaunchLab Expansion (Q4 2025) – Growing token launches using bonding curves and stronger liquidity rewards.
- Fee Structure Optimization (Q4 2025) – Tweaking trading fees based on user feedback to stay competitive.
- Solana Firedancer Integration (2026) – Using network upgrades to increase speed and attract more projects.
In-Depth Look
1. LaunchLab Expansion (Q4 2025)
What’s happening:
Raydium’s LaunchLab has helped launch over 35,000 tokens, with projects like WAVE and RUN quickly reaching important milestones (85 SOL migration in under 48 hours). The plan is to grow this platform by offering more customizable bonding curves and better liquidity incentives to bring in more projects (CoinMarketCap Community).
Why it matters:
This is good news for RAY holders because more activity on LaunchLab means higher protocol fees—currently about $900,000 per day. Around 12% of these fees are used to buy back RAY tokens daily, supporting the token’s value. However, competition from other platforms like Pump.fun, which holds 44% of the Solana memecoin market, could slow adoption.
2. Fee Structure Optimization (Q4 2025)
What’s happening:
Raydium is experimenting with adjusting its trading fees, which currently range from 1.25% to 1.3% for new tokens. The goal is to find the right balance between staying competitive and maintaining revenue. Recent token launches like WAVE and MANIFESTO are being used to test these changes (Raydium Launchpad).
Why it matters:
Lower fees could encourage more trading and increase liquidity (Raydium’s turnover ratio is 0.13 compared to Uniswap’s 0.41). But if fees drop too much, it might reduce the funds available for buying back RAY tokens, which could weaken price support. How the market reacts to these fee changes will be important for Raydium’s overall token economics.
3. Solana Firedancer Integration (2026)
What’s happening:
Solana’s Firedancer upgrade, originally planned for Q3 2025, aims to improve network speed and reliability. Raydium plans to take advantage of this upgrade to handle more transactions and support institutional-level tokenized equity markets through partnerships like xStocks (CoinMarketCap Community).
Why it matters:
This upgrade is generally positive for RAY because better Solana infrastructure could attract more projects to LaunchLab. However, delays or technical issues with the upgrade could slow down adoption.
Conclusion
Raydium’s future depends on expanding LaunchLab, fine-tuning fees, and syncing with Solana’s technology upgrades—all while managing regulatory challenges in markets like the US. The success of the Firedancer upgrade and fee adjustments will be key to whether Raydium strengthens its role as Solana’s main liquidity platform or faces challenges in maintaining its buyback-driven price support.
What updates are there in the RAY code base?
Raydium’s latest updates focus on improving liquidity options and making it easier for new tokens to launch on its platform.
- LaunchLab Fee Updates (August 20, 2025) – Creators now earn fees in SOL tokens after migration, thanks to support for the new Token22 standard.
- V3 Beta Integration (July 8, 2025) – Combines traditional liquidity pools with OpenBook’s order book for better trading options.
- Token22 Standard Support (August 20, 2025) – Adds advanced token features like transfer fees directly on Solana.
Deep Dive
1. LaunchLab Fee Updates (August 20, 2025)
What’s new: Creators on LaunchLab can now earn between 0.05% and 0.10% of trading fees paid in SOL tokens indefinitely. This encourages projects to keep their tokens liquid and active on Raydium. Instead of receiving fees in their own tokens, creators get paid in SOL, which is more stable and widely used.
The update also supports Token22, Solana’s latest token standard, making fee distribution simpler and more efficient for projects using Raydium’s liquidity tools.
Why it matters: This change is positive for Raydium (RAY) because it attracts more token projects by offering steady income for creators. More projects and trading activity can lead to higher platform use and more buybacks of RAY tokens, potentially increasing its value.
(Source)
2. V3 Beta Integration (July 8, 2025)
What’s new: Raydium’s V3 Beta now includes OpenBook’s order book, which means traders can access about 40% more liquidity across Solana’s decentralized finance (DeFi) ecosystem. This is done by sharing order flow between Raydium’s automated market maker (AMM) pools and OpenBook’s limit orders.
Smart order routing technology helps reduce slippage (unexpected price changes during trades) by scanning both liquidity pools and order books. Existing liquidity providers don’t need to move their funds thanks to backward-compatible contracts.
Why it matters: This update is somewhat positive for RAY. More liquidity improves trading experiences, but the impact depends on how widely OpenBook is adopted. Also, new projects can launch liquidity pools with 85% less capital upfront, which could help Raydium grow its market share.
(Source)
3. Token22 Standard Support (August 20, 2025)
What’s new: Raydium’s constant product market maker (CPMM) pools now support Token22, which allows tokens to have built-in features like transfer fees and confidential transfers without needing custom smart contracts.
For example, a token can automatically charge a 1% fee on every transfer, helping projects implement their tokenomics more easily.
Why it matters: This is a strong positive for RAY because it makes Raydium the preferred decentralized exchange (DEX) for advanced token projects. This could increase trading volume and liquidity, especially from new use cases like tokenized equities.
(Source)
Conclusion
Raydium is investing heavily in infrastructure that supports new token launches and better liquidity across platforms. With Token22 adoption and revamped fee-sharing, it’s strengthening its position in Solana’s DeFi space. The big question is whether these improvements will help Raydium regain market share from competitors like Pump.fun in the last quarter of 2025.
Why did the price of RAY fall?
Raydium (RAY) dropped 3.84% to $3.50 over the last 24 hours, underperforming the overall crypto market, which rose 0.63%. Here’s why:
- Price Hit Resistance and Pulled Back – RAY couldn’t stay above the $3.65 level, causing traders to take profits.
- New Competition in Solana’s DEX Market – A new decentralized exchange (DEX) called Pump.fun attracted users away from Raydium.
- Weak Buying Support – Even though big investors (whales) bought more RAY, regular buyers didn’t step in to keep prices above $3.30–$3.35.
Deep Dive
1. Price Resistance and Profit-Taking (Negative Impact)
Raydium’s price hit a key resistance point around $3.65 but couldn’t hold there. This level is important because it’s where many traders expect the price to either break higher or pull back. The 20-day simple moving average (SMA), a common trend indicator, was also near $3.66, adding to the resistance.
The 7-day Relative Strength Index (RSI) reached 70.27, which means the coin was overbought—traders often sell to lock in profits when this happens. The MACD indicator, which measures momentum, showed signs that the upward push was weakening. The next support level to watch is around $3.32, based on Fibonacci retracement levels, which traders use to predict price pullbacks.
If the price falls below $3.32, it could drop further toward $3.11, which was a low point back in July.
2. Competition in Solana’s DEX Market (Mixed Impact)
Pump.fun, a new decentralized exchange on the Solana blockchain, took 44% of the memecoin trading market in August 2025. This shift reduced Raydium’s market share and daily fees from $1.5 million earlier this month to $900,000 now (source).
Raydium is running a $200 million buyback program, which removes tokens from circulation and can support the price. However, the loss in trading fees hurts the overall economics of the RAY token.
3. On-Chain Activity Shows Mixed Signals (Neutral Impact)
Big investors added 2.1 million RAY tokens (about $7.35 million) in the past week, signaling confidence. But in the last 24 hours, regular buyers have been selling more than buying, causing a net negative order flow of 63,000 tokens (source).
Raydium’s turnover ratio (how often tokens change hands) is 0.0974, much lower than Uniswap’s 0.41. This suggests less liquidity and potentially more price swings.
Conclusion
Raydium’s recent price drop is due to traders taking profits, increased competition from new Solana DEXs, and mixed buying interest. While buybacks and whale purchases provide some support, holding above $3.65 is key to reversing the downward trend.
Watch closely: Will RAY hold the $3.32 support level, or will competition from Solana’s new DEXs push the price lower?