Raydium (RAY) Surges 16% Amid 127% Volume Jump and Strong Buybacks

Generated by AI AgentCoin World
Wednesday, Aug 13, 2025 4:23 pm ET1min read
SOL
--
Aime RobotAime Summary

- Raydium (RAY) surged 16% to $3.66 with 127% higher volume, driven by LaunchLab's $900K daily fees and 30% buyback allocation.

- Analyst MiggyMello warns of potential short-term pullback before a larger upward move, citing technical indicators and market consolidation patterns.

- Protocol revenue grew 60% QoQ, supporting a 6% annualized buyback yield while TVL reached $2.08B, solidifying Solana DeFi dominance.

- Strategic partnerships like xStocks and upcoming Firedancer upgrades aim to expand liquidity offerings and attract new capital to the ecosystem.

Raydium (RAY) has seen a significant price increase, surging over 16% to $3.66 amid a 127% jump in trading volume, signaling heightened trader interest [1]. Analyst MiggyMello, however, warns that this recent rally may not be the final phase before a breakout, as the asset could experience a pullback in the near term. According to the analyst, such a correction could precede a larger upward move.

The price action is being driven by Raydium’s LaunchLab platform, which on August 9 generated $900,000 in daily fees—marking the first time it outperformed the swap platform’s revenue [1]. A portion of these fees—30%—is allocated to RAY buybacks, which at current prices equate to about $110,000 daily. With 268 million RAY tokens in circulation, these buybacks are reducing the supply on the market, helping to support the price.

Protocol revenue has also grown by 60% quarter-over-quarter, translating to an annualized buyback yield of approximately 6% [1]. If LaunchLab continues to generate more than $800,000 in daily fees, the buyback pressure is expected to remain robust. Raydium’s total value locked (TVL) recently hit $2.08 billion, reinforcing its position as a major liquidity hub within the

Solana
DeFi ecosystem.

Strategic partnerships, such as with xStocks, are adding new dimensions to Raydium’s offerings. This collaboration introduces tokenized equities liquidity pools to the platform [1]. Additionally, the upcoming Firedancer upgrade for the Solana network in Q3 2025 is expected to enhance performance and efficiency, potentially attracting more users and capital to the ecosystem.

From a technical perspective, MiggyMello highlights that the 50-period moving average (MA) is still below the 100-period MA, which is not an ideal configuration for a long-term bullish trend [1]. While a short-term 30% price rise is possible, the analyst predicts that the market may consolidate by pulling back toward the 50 MA before a stronger upward move can gain traction.

The price has recently broken out of a consolidation range on strong volume, but the structure suggests that this could be followed by a short correction [1]. If the pullback remains above key support levels and buyback activity continues at its current rate, Raydium may be setting itself up for its most significant rally yet.

Source: [1] Analyst Warns Raydium (RAY) Price Could See One More Big Drop Before the Next Big Run – Here’s Why (https://captainaltcoin.com/analyst-warns-raydium-ray-price-could-see-one-more-big-drop-before-the-next-big-run-heres-why/)