Raydium's RAY Surges 8.25% on Tokenized AMD Stock Listing

Raydium's native token RAY surged 8.25% in the last 24 hours, primarily due to the announcement of a new tokenized AMD stock listing.

The listing positions Raydium as a venue for tokenized real-world assets, potentially increasing future volume and visibility.

RAY's price had been increasing throughout the day, moving from roughly $1.22 to the mid $1.30s before reaching its peak at around $1.36.

The move occurred on moderately higher volume, indicating focused speculative interest rather than a massive structural re-rating.