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The Raydium price has surged 11% in the last 24 hours to trade at $2.35 as of 3:20 a.m. EST on a 58% increase in trading volume to $267 million.
The jump in the RAY price comes as Raydium launches LaunchLab, its new meme coin creation platform aimed at competing with Pump.fun. This strategic move positions Raydium to reclaim a dominant role in Solana’s meme token scene after Pump.fun’s departure.
Introducing LaunchLab, Raydium's all-in-one token launchpad.
Built for Creators, Developers, and the Community 🫡https://t.co/yZVzShVZSJ
More info ⬇️ pic.twitter.com/r6s1DAegWf
— Raydium (@RaydiumProtocol) April 16, 2025
For Creators: Custom Token Launch Features
– Token supply, total raised, quantity sold on curve
– Vesting with optional cliff and wallet delegation
– Burn & Earn: lock the LP & earn trading fees (!)
– And so much more pic.twitter.com/7LvQ70lw4O— Raydium (@RaydiumProtocol) April 16, 2025
With LaunchLab offering free token launches, customizable bonding curves, and instant AMM integration for projects raising at least 85 SOL (around $11,150), investor interest has surged.
The platform also introduces a new revenue-sharing model and token buyback mechanism, further fueling demand for RAY.
Raydium Price Maintains Strong Uptrend Within Bullish Channel
The 4-hour chart of RAY/USDT shows a strong upward trend, with the price moving within a clearly defined bullish channel since rebounding from the support level around $0.94 on April 7. This upward momentum has driven RAY to a recent high of $2.39, marking a gain of over 150% in just under two weeks.
The price currently trades at $2.32, showing continued bullish sentiment. After breaking through the previous resistance zone between $1.85 and $2.00, that level has now flipped into support, reinforcing the strength of the current uptrend.
RAYUSDT Analysis Source: Tradingview
The next major test lies ahead, with $2.40–$2.50 identified as a major resistance zone. A successful breakout above this level could pave the way for further gains, potentially pushing the Raydium price toward $2.70 or even $3.00, especially given the buying pressure and current momentum.
The Relative Strength Index (RSI) is at 63.90, indicating healthy bullish momentum without entering the overbought zone. This suggests that the asset may still have room to climb before facing significant resistance from traders taking a profit.
Key liquidity zones highlighted on the chart also point to areas of interest, which could attract further upside moves if buy stops are triggered.
If RAY faces rejection at the major resistance, a pullback toward the $1.85 support zone is likely, followed by possible retests near the order block at $1.40. The chart structure remains bullish, and momentum favors the bulls as long as the price stays within the channel and above critical support levels.
Solaxy Presale Crashes Toward $31M – Best Crypto To Buy Now?
As Raydium continues its bullish run, attention is shifting to another fast-rising Solana-based project, Solaxy (SOLX), which has just crossed $30.4 million in its presale.
Solaxy is built to supercharge the Solana ecosystem with a powerful Layer-2 upgrade to solve persistent network congestion and slow transaction speeds. It handles transactions off-chain through smart bundling, then settles them on Solana’s mainnet, slashing fees and boosting speed. It’s already likened to Arbitrum’s impact on Ethereum regarding scaling potential.
## Solaxy (SOLX)
Price Prediction
🚀 #SOLX showing massive potential with analysts projecting up to 1,790% gains by end of 2025! Layer-2 scaling solution addressing #Solana's congestion issues could be a game-changer. Presale already raised nearly $30M. Early investors taking… pic.twitter.com/Hg0rbaFGeK
— CryptoInsight (@teknopattv48) April 11, 2025
A standout feature is Solaxy’s cross-chain bridge, set to launch first on Ethereum. This bridge will bring together Ethereum’s deep liquidity and Solana’s high-speed architecture.
The SOLX token will be central to the platform, powering transactions, governance, and rewards across the ecosystem.
Crypto YouTube giant 99Bitcoins, with over 725k subscribers, predicts that SOLX could deliver 100x returns after launch.
SOLX holders can earn passive income by staking their tokens for a 133% annual yield.
Investors interested in participating in the presale can buy SOLX tokens for $0.001696 apiece with ETH, BNB, USDT, or a bank card.
To secure the best deal, purchase SOLX tokens before the next price hike in around 8 hours.
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