Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»Raydium’s dominance of the Solana DEX has impacted RAY’s ATH.
ALTCOIN NEWS

Raydium’s dominance of the Solana DEX has impacted RAY’s ATH.

By Crypto FlexsJanuary 19, 20253 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Raydium’s dominance of the Solana DEX has impacted RAY’s ATH.
Share
Facebook Twitter LinkedIn Pinterest Email
  • Raydium emerged as the top Solana DEX with a strong lead in network fees and revenue.
  • RAY hits a new ATH as market excitement returns to the charts.

Solana’s ecosystem is exciting once again, and Raydium remains the most popular means of access. This means that it is maintaining the same trend observed last year when Raydium was the king of Solana DEX.

Raydium has maintained a strong lead as the most dominant DEX in the Solana ecosystem over the past 12 months. This phenomenon was especially evident when looking at the fees incurred during the aforementioned period. In fact, Solana earned about 80% of the DEX fees generated.

Source: DeFiLlama

According to DeFiLlama, Raydium generated $751.16 million in fees over the past 12 months. Annual sales were $53 million. For context, Orca came in second with the second-highest fees, with $43.1 million in fees over the past 12 months.

This strong lead confirms that Raydium has been the most popular of all Solana DEXs over the past year. DEXs are still recording impressive levels of network activity, especially thanks to the market’s latest performance.

radium

Source: DeFiLlama

Raydium’s total locked value has increased significantly over the past 12 months, from a low of $164.16 million in early 2024. In fact, in the last 24 hours, new ATH hit $2.84 billion.

Raydium DEX volume surges with RAY demand

Raydium’s TVL growth has also been accompanied by impressive daily trading volumes since September last year. Speaking of trading volume, the DEX just surged to $4.18 billion in trading volume, its highest level in seven weeks. In fact, daily trading volume has increased by more than 248% in the last 24 hours.

The surge in trading volume is mainly related to the increased demand for the newly launched TRUMP memecoin. This also generated significant interest in the RAY token. The latter has been rebounding since January 13 and has soared to a new ATH of $6.88.

radium

Source: TradingView

RAY is not yet overbought at press time, indicating potentially more time for price discovery.

Based on recent market activity, it seemed clear that RAY’s performance could largely depend on Solana network activity. This means that the token could continue to see more demand if the network maintains strong activity in the coming months.

RAY’s market capitalization was $1.96 billion at the time of reporting, and its token circulation was relatively small at 290.88 million. Recent organic demand is likely to lead to more speculative inflows in the coming months, highlighting potential upside.

Next: Shiba Inu Leak Could Have These Impacts on SHIB’s Value!

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The throat is falling, but the jupnet and ajup spark recovery reduce the potential

October 2, 2025

The method of transforming ASTER WHALES into panic is as follows.

September 25, 2025

The XRP market value surpasses Shopify, Verizon, and Citigroup. Whales sell 40m coins.

September 18, 2025
Add A Comment

Comments are closed.

Recent Posts

Saylor tells MRBAST to buy Bitcoin even after pause the BTC purchase.

October 7, 2025

Bitcoin Steadies at Rally -Is another powerful brake out just in the future?

October 6, 2025

BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 2.83 Million Tokens And Total Crypto And Cash Holdings Of $13.4 Billion

October 6, 2025

BC.GAME News Backs Deccan Gladiators As Title Sponsor In 2025 Abu Dhabi T10 League

October 6, 2025

Unity modifies mobile games and password wallets that threaten important vulnerability.

October 6, 2025

BitDigital becomes the first public Etherrium for distributing unsecured leverage -details -Details

October 6, 2025

Cango Inc. Announces September 2025 Bitcoin Production And Mining Operations Update

October 6, 2025

Cake Eyes 60% Rally Pancake WAP

October 5, 2025

Bitcoin Pullback — ETFs Drive Capital Flows, Altcoins Like SOL And XRP Boost Investor Returns

October 5, 2025

SHIBA INU (SHIB) and Dogecoin (DOGE) holders are 16,736%of Rally Progast Tempts buyers that are accumulated as Little PEPE (Lilpepe).

October 5, 2025

Solana Future Surge as the institution induces the open interest for the best record.

October 4, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Saylor tells MRBAST to buy Bitcoin even after pause the BTC purchase.

October 7, 2025

Bitcoin Steadies at Rally -Is another powerful brake out just in the future?

October 6, 2025

BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 2.83 Million Tokens And Total Crypto And Cash Holdings Of $13.4 Billion

October 6, 2025
Most Popular

Terra LUNA Classic Dives 69% per year: Burns can save LUNC?

March 12, 2025

LLM agent search and AI reasoning and test time scaling

May 24, 2025

Ethereum Navigating the Market Amid Increasing Competition

February 26, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.