In Brief Raydium (RAY) price skyrockets 665% in 2024, surpassing Uniswap in monthly DEX volumes with a $23 billion weekly surge. RAY dominates Solana DEX volumes, capturing 50% market share and generating $226M in fees over the past 30 days. RSI nears overbought levels as bullish EMA crossover signals potential to test resistance at $6…
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In Brief Raydium (RAY) gains almost 20% this week, retaining dominance as Solana’s leading decentralized exchange by volume. Bullish indicators hint at further gains, with RAY’s RSI below overbought levels and short-term EMAs trending upwards. Raydium’s 62% share of Solana DEX volume shows its impact; sustained gains could push RAY to highs unseen since 2022.…
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