Raydium Surges on Tokenized Stocks Narrative, Injective Integration

Raydium's price surged 16% over the last 36 hours due to a series of catalysts that align with its growing narrative as a top venue for tokenized stocks on Solana.

The tokenized-stocks and buyback story has gained momentum, with Raydium being framed as the leading on-chain AMM for tokenized stocks, surpassing $5 billion in cumulative trading volume. This has been tied to aggressive fee-driven RAY buybacks and a broader 'tokenization era' story for Solana DeFi.

The integration of Injective (INJ) with Raydium as its launch partner on Solana is also a significant catalyst, adding to Raydium's role as core infrastructure. This integration has broadened the universe of assets and users touching Raydium.

The move comes within a broader DeFi and Solana uptrend where Raydium is singled out as a leading beneficiary. The supportive macro context has also contributed to RAY's recent rally, funneling speculative attention into high-beta DeFi names like Raydium.