What is expected in the development of RAY?
Raydium is moving forward with several key updates:
- Rewards Program Expansion (Q4 2025) – Giving out 50,000 RAY tokens to encourage more user activity.
- xStocks Integration (Ongoing) – Adding tokenized stock trading pools on the Solana blockchain.
- Fee Structure Optimization (Q4 2025) – Tweaking trading fees based on user feedback.
- USD1 Stablecoin Launch (Late 2025) – Introducing a new stablecoin available only through Raydium.
In-Depth Look
1. Rewards Program Expansion (Q4 2025)
What’s happening: Raydium currently rewards traders and content creators with 50,000 RAY tokens and has set aside another 50,000 RAY for future incentives. This program is designed to keep users engaged and active on the platform. In August 2025, RAY’s price rose by 18% in one week, showing positive momentum (Community Post).
Why it matters: Regular rewards can help maintain trading activity and attract new users, which is good for RAY’s value. However, if too many rewards are given without enough new users, the token’s value could weaken.
2. xStocks Integration (Ongoing)
What’s happening: Since July 2025, Raydium has partnered with xStocks to offer liquidity pools for tokenized stocks like $SPYx and $TSLAx. Liquidity providers can earn up to $14,000 in RAY tokens weekly. This partnership helps connect traditional finance with decentralized finance (DeFi) on Solana (xStocks Announcement).
Why it matters: This expands Raydium’s offerings and supports Solana’s growth in institutional markets. However, tokenized stocks face regulatory challenges in some regions, which could limit adoption.
3. Fee Structure Optimization (Q4 2025)
What’s happening: Raydium is experimenting with trading fees between 1.05% and 1.3% on new tokens like WAVE and RUN. The final fee rates will depend on feedback from token creators and how liquidity moves to these tokens (LaunchLab Data).
Why it matters: Adjusting fees could encourage more token launches and trading on Raydium. But if fees are cut too much, it might reduce the platform’s revenue, which funds buybacks that support RAY’s price.
4. USD1 Stablecoin Launch (Late 2025)
What’s happening: Raydium has secured exclusive rights to trade the USD1 stablecoin from World Liberty Financial starting in late 2025. This aims to attract institutional traders and increase liquidity on the platform (Partnership Update).
Why it matters: Stablecoins like USD1 help keep trading smooth and liquid on decentralized exchanges. Success depends on how well USD1 competes with established stablecoins like USDC.
Conclusion
Raydium’s plans focus on rewarding users, expanding its ecosystem with new partnerships, and fine-tuning fees to strengthen its role as Solana’s main liquidity platform. While regulatory hurdles and competition from platforms like Pump.fun present challenges, Raydium’s integration with Solana’s upcoming upgrades (such as Firedancer) could boost its performance. The big question is whether LaunchLab’s recent 60% growth in daily fees during Q3 2025 can keep up with increasing competition in 2026.
What updates are there in the RAY code base?
Raydium’s latest updates focus on improving liquidity options and updating fee structures to benefit users and creators.
- V3 Beta Launch (July 8, 2025) – Added OpenBook’s order book to increase liquidity depth.
- CPMM Fee Update (August 20, 2025) – Introduced SOL-based fee sharing and support for Token22.
Deep Dive
1. V3 Beta Launch (July 8, 2025)
What happened: Raydium’s V3 Beta combines its automated market maker (AMM) pools with OpenBook’s decentralized order book. This integration boosts the available liquidity by about 40% across Solana’s decentralized finance (DeFi) ecosystem.
The upgrade introduces a hybrid liquidity model. This means market makers can set specific price levels, while older pools still work smoothly thanks to wrapper contracts. A new smart order routing system searches through Serum-v2 forks and other platforms to reduce slippage—the difference between expected and actual trade prices.
Why it matters: This is good news for Raydium (RAY) holders and users. Traders benefit from better prices and less slippage, which could increase trading volume. Developers also need about 85% less upfront capital to launch new pools compared to the previous version, encouraging more projects to build on Raydium. (Source)
2. CPMM Fee Update (August 20, 2025)
What happened: Raydium updated its Constant Product Market Maker (CPMM) pools to share 0.05–0.10% of trading fees with token creators in SOL (Solana’s native cryptocurrency). It also added support for Token22, Solana’s new token standard.
This update lets projects using Token22 include transfer fees directly within Raydium’s system. Additionally, fees from bonding curves before migration are now paid in SOL, making revenue management easier for creators.
Why it matters: This change is somewhat positive for RAY. It encourages token creators to launch on Raydium, which could increase platform activity. However, since some fees are now paid in SOL instead of RAY, it might slightly reduce the demand for RAY tokens through buybacks. (Source)
Conclusion
Raydium’s recent improvements focus on increasing liquidity and helping creators earn more, supporting Solana’s goal to attract more institutional DeFi users. The new hybrid model in V3 could help Raydium capture a bigger share of Solana’s growing derivatives market.
Why did the price of RAY fall?
Raydium (RAY) dropped 0.71% to $2.96 over the past 24 hours, underperforming the overall crypto market, which rose by 1.1%. The main reasons include a crash of a Solana-based memecoin, traders cashing in profits after a strong 17.5% weekly gain, and mixed technical signals near a key resistance level.
- Memecoin crash shakes confidence – The Solana memecoin M0N3Y lost 99%, unsettling traders.
- Profit-taking after a strong rally – The recent 17.5% weekly rise led to some short-term selling.
- Technical resistance remains – Raydium couldn’t break above the $3.00 price point.
Deep Dive
1. Memecoin Crash Shakes Confidence (Negative Impact)
What happened:
On October 2, the Solana memecoin M0N3Y crashed by 99% during a failed migration to another token called ZERA. This wiped out $20 million in liquidity from its Raydium trading pool. The M0N3Y/SOL trading pair saw $1.7 million in sales compared to $1 million in buys, and liquidity dropped 98% to just $89,000.
Why it matters:
This crash hurt trust in Raydium’s memecoin ecosystem, which is important since it drives $2.24 billion in monthly trading volume on the platform. Although this event doesn’t directly affect Raydium’s core token (RAY), it caused traders to become more cautious. Historically, decentralized exchange (DEX) tokens like RAY often fall after major pool failures because traders see increased risk.
2. Profit-Taking After Strong Rally (Neutral Impact)
What happened:
RAY’s price jumped 17.5% over the past week, beating Solana’s 4.2% and Bitcoin’s 2.9% gains. This followed Raydium’s integration of Solstice Finance’s USX/eUSX stablecoins on October 1 and a general rise in altcoins.
Why it matters:
The recent 0.71% drop in 24 hours looks like normal profit-taking after a big price increase. Over the past 30 days, RAY is still down 13.9%, showing that traders are quick to lock in gains amid ongoing market uncertainty. The token’s turnover ratio (trading volume relative to market cap) of 0.086 indicates there’s enough liquidity for traders to adjust positions without panic selling.
3. Technical Resistance Holds (Mixed Impact)
What happened:
RAY tried but failed to stay above the $3.00 price level. Technical indicators like the MACD histogram cooled to +0.0128, and the RSI (Relative Strength Index) sits at 51.87, which is neutral. The price is currently between its 7-day simple moving average (SMA) of $2.74 and 30-day SMA of $3.11, showing a period of consolidation.
Why it matters:
Traders are watching the $2.77 level closely, which is the 78.6% Fibonacci retracement and acts as important support. If the price falls below this, it could drop further to $2.50. On the other hand, pushing back above $3.12 (the 50% Fibonacci retracement) could spark renewed buying momentum. The recent 17% weekly gain means RAY is somewhat overextended compared to its 200-day exponential moving average (EMA) at $3.14.
Conclusion
Raydium’s recent price dip is due to a mix of risk from the memecoin crash and normal profit-taking after a strong rally. While the addition of USX stablecoins strengthens Raydium’s long-term outlook, traders remain cautious because of volatility linked to speculative tokens. Key point to watch: Will RAY hold above the $2.77 support level as the fallout from the M0N3Y crash settles?
What could affect the price of RAY?
Raydium’s price is influenced by its ongoing innovations and changes within the Solana network.
- LaunchLab Fee Buybacks – 12% of daily fees are used to buy back RAY tokens, offering about a 6% annual return.
- Solana Network Upgrades – The upcoming Firedancer upgrade (expected Q3 2025) could increase activity on the network.
- Regulatory Restrictions – Raydium is not accessible in the US and UK, which together make up 27% of the global crypto market.
Deep Dive
1. LaunchLab Growth & Buybacks (Positive Outlook)
Overview:
As of August 2025, Raydium’s LaunchLab platform generates $900,000 in daily fees. Of these fees, 12% go toward buying back RAY tokens, which translates to roughly a 6% annual yield based on current prices. Over 35,000 tokens have launched through LaunchLab, making it a key launchpad on the Solana blockchain.
What this means:
If fees continue to grow, the number of RAY tokens available in the market (currently 268 million out of 555 million total) could decrease, which may support the token’s price and encourage holders to keep their tokens. However, competition from platforms like Pump.fun, which held 44% of the Solana memecoin market in July 2025, could reduce fees if projects move away from Raydium.
2. Solana Infrastructure Changes (Mixed Impact)
Overview:
The Firedancer upgrade, planned for the third quarter of 2025, aims to boost Solana’s transaction capacity to over 1 million transactions per second. Raydium handles 95% of Solana’s tokenized stock trading through its xStocks feature, positioning it well to benefit from these network improvements.
What this means:
Better network performance could attract more projects to Raydium. However, competitors like HumidiFi, which sees $8.55 billion in weekly trading volume, are gaining ground by offering more efficient trading options. From a technical perspective, RAY faces resistance at $2.99 (the 200-day simple moving average). If it breaks above this level, the next target could be $3.82, based on Fibonacci retracement levels.
3. Regulatory & Liquidity Challenges (Negative Outlook)
Overview:
Raydium is currently blocked in the US and UK, which together represent 27% of the global cryptocurrency market. Its turnover ratio (0.13) is lower than Uniswap’s (0.41), indicating less liquidity and higher risk of price swings.
What this means:
These geographic restrictions limit Raydium’s potential user base. Additionally, lower liquidity means that large trades could cause bigger price fluctuations. The recent 17% price increase over seven days, compared to a 1.29% growth in the overall crypto market, suggests the price may be overheated and could correct if broader market conditions worsen.
Conclusion
Raydium’s price will depend on how well it can maintain fee growth from LaunchLab while navigating competition within Solana’s decentralized exchange (DEX) space and overcoming regulatory hurdles. The price range between $2.99 and $3.11 is a critical zone to watch. Success in protocol upgrades and buyback programs could help offset liquidity challenges. Keep an eye on weekly fee trends and how quickly Solana adopts the Firedancer upgrade for clues on where RAY’s price might head next.
What are people saying about RAY?
Talk around Raydium (RAY) is swinging between hopes for a price breakout and concerns about a possible pullback. Here’s what’s trending right now:
- $3.50 resistance level – This is a key point that could lead to a jump toward $6 if broken 🚀
- Elliott Wave analysis suggests a possible bullish turnaround after a recent dip 📉➔📈
- LaunchLab adoption is boosting optimism for Raydium’s decentralized exchange (DEX) as it competes with Pump.fun ⚔️
Deep Dive
1. @mkbijaksana: Bullish if $3.50 Breaks
"RAY is trying to break resistance around $3.50... aiming for $6.17 if successful."
– @mkbijaksana (5.2K followers · 12K impressions · 2025-08-27 06:52 UTC)
View original post
What this means: If Raydium’s price closes above $3.50, it could trigger a buying frenzy pushing the price toward $6. But if it fails here, the price might stay in a sideways range for a while.
2. @ElliottForecast: Bullish Wave III Setup
"Wave II correction is happening... buyers may step in soon."
– @ElliottForecast (8.7K followers · 24K impressions · 2025-09-03 03:32 UTC)
View original post
What this means: Traders using Elliott Wave theory see the $2.90–$3.10 range as a good buying opportunity before a potential Wave III rally that could push prices above $4.
3. CCN: LaunchLab vs. Pump.fun Competition
Raydium’s LaunchLab, launched in March 2025, now accounts for 44% of the platform’s fees, putting it in direct competition with Pump.fun’s popular memecoin activities.
What this means: This is positive for Raydium’s real-world use, but competition remains strong as Pump.fun is developing its own automated market maker (AMM) system (CCN).
Conclusion
The outlook for Raydium is mixed. On one hand, there’s strong potential for a technical breakout if it clears the $3.50 resistance. On the other, competition from other DEX platforms could slow momentum. Meanwhile, LaunchLab’s growing fee revenue (+900K in 24 hours) shows solid underlying strength. Keep an eye on the $3.30–$3.50 price zone—breaking through here could speed up the next big move.
What is the latest news about RAY?
Raydium is managing the ups and downs of memecoin trading while growing its partnerships to increase liquidity. Here’s what’s new:
- M0N3Y Token Crash (October 3, 2025) – A Solana-based memecoin dropped 99% on Raydium, highlighting the risks of speculative tokens.
- Solstice Finance Joins Raydium (October 1, 2025) – Stablecoins USX and eUSX were added to Raydium’s pools, improving trading efficiency on Solana.
- Quanto Treasury Boost (September 27, 2025) – 5 million QTO tokens were allocated to Raydium liquidity pools to encourage smoother trading and less price slippage.
In-Depth Look
1. M0N3Y Token Crash (October 3, 2025)
What happened:
The memecoin M0N3Y, built on the Solana blockchain, lost 99% of its value in just minutes during a switch to a new privacy token called ZERA. Its market value fell from $24 million to $170,000. Although developers said this was a planned migration, the liquidity for the Raydium/SOL trading pair dropped sharply to $89,000, with $2.8 million in sell orders overwhelming buyers.
Why it matters:
This event shows how risky speculative tokens can be on decentralized exchanges like Raydium. It may shake short-term confidence in meme coins but also highlights Raydium’s role as a platform for high-risk, high-reward tokens on Solana.
(Source: Cryptotimes)
2. Solstice Finance Joins Raydium (October 1, 2025)
What happened:
Raydium added Solstice Finance’s stablecoins, USX and eUSX, to its liquidity pools. These stablecoins are backed by $160 million in collateral and offer steady returns (about 13.96% net internal rate of return), appealing to more cautious investors.
Why it matters:
This move strengthens Raydium’s position as a key liquidity provider on Solana, attracting safer investments and improving trading conditions by reducing price slippage. More liquidity can lead to higher trading volumes and increased fee revenue for the platform.
(Source: MEXC)
3. Quanto Treasury Boost (September 27, 2025)
What happened:
Quanto allocated 5 million QTO tokens (0.5% of its total supply) to Raydium’s liquidity pools over 90 days. This program rewards liquidity providers and aims to stabilize trading by reducing price swings.
Why it matters:
Quanto’s use of Raydium for liquidity incentives shows confidence in Raydium’s infrastructure and supports growth in the Solana ecosystem. Lower slippage can attract more traders, but the program’s success depends on ongoing participation.
(Source: Quanto Blog)
Conclusion
Raydium is balancing the volatility of memecoin trading with strategic partnerships and liquidity programs, solidifying its role in Solana’s decentralized finance (DeFi) space. While new integrations like Solstice’s stablecoins and Quanto’s incentives add value, the M0N3Y crash is a reminder of the risks involved. The key question is whether Raydium can deepen its liquidity and improve risk management to handle such shocks while attracting more institutional-level investments.