Raydium's RAY Token Skyrockets 90% as StonkFun Boosts Trading Volume

Raydium's RAY token has seen a massive surge in value, gaining nearly 90% in the past week. This significant increase comes on the heels of StonkFun deploying new tokens onto Raydium's LaunchLab launchpad.

The partnership between StonkFun and Raydium has led to a substantial influx of trading activity on the platform, with daily token buybacks reaching $640,788 on September 8. This marks the largest single-day purchase since February 2025.

StonkFun's decision to route all new token launches through Raydium's LaunchLab has cut deployment costs for creators, making it more appealing for them to list their tokens on the platform. As a result, trading volume has increased, with StonkFun generating $5.88 million in revenue over the past week.

Raydium's fee-funded buybacks have also contributed to the token's price increase, with the team purchasing $640,788 worth of RAY on September 8. The protocol-controlled wallet now holds a significant portion of the total supply, reducing circulating tokens and increasing scarcity.