Raydium Surges 12% as DeFi Ecosystem Booms
Raydium's decentralized exchange on Solana has seen a surge in activity throughout September 2026, driven by increased trading volumes and the introduction of over fifteen tokenized US stocks. The StonkFun launchpad and integrations have contributed to this momentum.
Raydium accounted for $805 million and 80.5% of xStocks-issued asset trading on Solana in the past month, reinforcing its leadership in Solana's DeFi ecosystem.
The RAY/USD price is positioned above all major moving averages, demonstrating a bullish short-, medium-, and long-term trend. Momentum indicators are positive, with the MACD and ADX signaling a bullish bias and the RSI standing at 57.1 within the buy zone.