RAY Price Soars: DEX Hits New Revenue Records & Expands TradFi Reach

Raydium, the Solana-based decentralized exchange (DEX), is experiencing a significant surge in popularity and revenue. The platform now boasts a market capitalization of $913.5 million with daily trading volume exceeding $311 million, indicating increased trader confidence. This momentum is driven by several key factors: LaunchLab’s launch as a major revenue driver, the integration with TradFi assets through xStocks, and ongoing buyback initiatives.