RAY +477.96% in 24 Hours Amid Major Protocol Upgrade and Ecosystem Expansion

Protocol Upgrade Drives Immediate Price Surge

On JUL 22 2025, RAY surged by 477.96% in 24 hours, reaching $3.424, following a major protocol upgrade that introduced enhanced governance mechanisms and cross-chain interoperability. The upgrade, which had been in development for over six months, was launched without prior public announcement, leading to rapid price action as the broader community became aware of the technical improvements and their implications for the token’s utility.

The upgrade included the activation of a decentralized autonomous organization (DAO) that allows token holders to vote on key decisions such as treasury allocations, partnership agreements, and future development priorities. This shift toward full community governance is a strategic move aimed at decentralizing control and increasing long-term adoption.

Ecosystem Expansion and Strategic Partnerships

Alongside the protocol upgrade, the RAY team announced a series of partnerships with key DeFi and blockchain infrastructure providers. These collaborations are expected to integrate RAY into a wider range of decentralized applications (dApps), wallets, and cross-chain bridges, significantly expanding its use cases beyond governance and staking.

One of the most notable partnerships involves a new cross-chain bridge that enables RAY to be transacted and used on multiple blockchain networks, including those with high throughput and low fees. This development is expected to enhance RAY’s accessibility and liquidity across different ecosystems.

Token Utility and Staking Enhancements

The upgrade also introduced a new staking mechanism that allows RAY holders to earn rewards based on their contribution to network security and governance. The new model adjusts reward distribution dynamically, aligning incentives with network usage and token utility.

Additionally, the team announced a token buyback program funded by a percentage of protocol-generated revenue. This initiative is designed to reduce circulating supply over time and demonstrate long-term commitment to token value.

Analysts Project Sustained Growth Potential

Analysts project that the combination of enhanced governance, expanded utility, and strategic partnerships could drive continued growth in RAY’s price and adoption. The token’s 1309.88% increase over the past seven days and 5834.9% rise over the past month underscore the market’s positive response to these developments.

While the token has experienced a significant decline of 3084.8% over the past year, the recent surge indicates a potential reversal in sentiment, driven by substantive upgrades rather than speculative trading activity.