Crypto
Raydium Token Surges Amidst Renewed Solana Ecosystem Growth
The Raydium (RAY) token surged by 24.5% in 24 hours, reaching a daily trading volume of $173.8 million on April 26, 2026, according to CoinGecko data.
This sudden spike in volume is part of the broader Solana ecosystem's growth, with the SOL price remaining relatively stable at $85.89 despite a 0.6% decline.
Raydium, an automated market maker built on Solana, uses a central order book model to let liquidity providers earn fees from both AMM swaps and limit-order activity.