Crypto analyst Rendoshi Ondomoto has revealed a bullish outlook on Raydium’s price, citing several factors that suggest potential for significant upside. He points to the project’s strong fundamentals and promising technical chart patterns as key drivers of this bullish prediction. 300% increase in trading volume is seen with revenue growth from its growing ecosystem, suggesting continued activity and higher fees. The recent token buyback program, active and reducing supply, could also contribute to price appreciation in the long term. Ondomoto highlights Raydium’s strong tokenomics, with most of the total supply already circulating, which minimizes the risk of large future unlocks putting selling pressure on the market.