Raydium token has broken above $2.99 after a strong 6.6% surge in the last 24 hours, signaling renewed optimism across Solana’s decentralized exchange sector. With daily trading volumes soaring more than 40% to $66.87 million, investors are once again eyeing Raydium as a central player in the next DeFi expansion.
Bullish momentum lifts Raydium price
Raydium, the leading decentralized exchange on Solana, has reclaimed attention in October with fresh gains that place it among the top performers in the DeFi market. The $2.40 price level has emerged as a crucial support line, with traders closely watching whether it can hold and power a move toward $6.50.
Analysts note that the current rally is fueled not just by short-term speculation but also by deeper liquidity pools and steady fee income. The renewed activity has shifted sentiment, with many now considering Raydium’s path as one of the most significant DeFi comeback stories of 2025.
Integration with Solstice strengthens fundamentals
On October 1, Raydium rolled out new USDT/USDC and USX/eUSX liquidity pools in collaboration with Solstice Finance. These integrations are designed to increase stablecoin depth, enhance capital efficiency, and reduce trading slippage for both retail and institutional users.
The upgrade also ties into Raydium’s long-standing buyback mechanism, which dedicates swap fees of 0.25% toward purchasing RAY tokens on the open market. So far, this program has bought back $200 million worth of RAY, representing about 27% of the token’s total circulating supply.
A look at Raydium’s financial performance further reinforces the bullish narrative:
| Metric (2025) | Value |
|---|---|
| Cumulative trading volume | $1 trillion |
| Monthly revenue | $20+ million |
| Stablecoin pools (new) | USDT/USDC, USX/eUSX |
| Buybacks completed | $200 million |
These milestones place Raydium among the highest-earning DeFi protocols globally. With Solstice’s $160 million total value locked and institutional yield strategies, analysts expect even more capital to flow into Raydium’s trading ecosystem.
Recovery after FTX collapse shock
Raydium’s revival is striking given how hard it was hit during the FTX collapse in late 2022. Once written off as another casualty of the exchange’s implosion, Raydium has repositioned itself as a vital hub for Solana’s liquidity.
According to executives, the protocol now powers 75% of tokenized equity trading on Solana and has played a central role in high-profile token launches, including meme coin Bonk and World Liberty Finance’s $USD1 stablecoin.
The shift shows how decentralized infrastructure can bounce back from severe shocks when supported by strong technology and community adoption.
Technical outlook targets $6.50
Market watchers are keeping a close eye on technical levels that could shape Raydium’s near-term trajectory. Crypto trader Ali has identified an ascending triangle formation on RAY’s chart, with key resistance in the $3.20 to $3.50 zone.
If bulls manage to defend the $2.40 support, momentum could propel the token to $4.20 and eventually toward $6.50. That would represent more than a 100% rally from current prices.
However, traders also warn of risks. If RAY breaks below $2.40 with strong volume, the bullish case may collapse, with downside targets pointing toward $2.00 and lower Fibonacci retracements.
In short:
Holding $2.40 support may set up a path to $6.50
Failure at $2.40 could drag RAY back to $2.00 or lower
This technical crossroad has made Raydium one of the most watched DeFi tokens of the season.
Broader DeFi impact and investor outlook
Raydium’s rebound reflects not only its own progress but also growing confidence in Solana’s ecosystem. With Ethereum fees still a hurdle for smaller traders, Solana-based protocols are benefiting from faster transactions and lower costs.
For investors, the renewed strength of Raydium carries two important implications. First, its steady revenue and buyback model offer a clearer value capture mechanism compared to many DeFi tokens. Second, deeper stablecoin liquidity may attract institutional players seeking scalable on-chain trading infrastructure.
If Raydium sustains its growth, it could cement itself as one of the few DeFi platforms that turned crisis into opportunity and built lasting utility.
The comeback story is still unfolding, but the signals of strength are difficult to ignore.
Raydium’s rise to $2.99 may prove to be the start of a longer rally, or it could serve as another test of how much conviction the market truly has in Solana DeFi. The next few weeks will reveal whether $2.40 is indeed the floor that carries RAY toward new heights.
The question now is whether this DeFi revival is sustainable or just another fleeting wave. What do you think about Raydium’s price momentum? Share your thoughts with your friends and keep the conversation alive on social media.
