When Raydium RAY was first launched in February this year, investors had skepticism regarding another crypto coming into an already saturated virtual currencies market. Over time, Raydium has proved itself to be a worthy crypto asset in the market because of how versatile it is and the features it offers. As of now, market capitalization has increased way above expectations, and the technology used in Raydium RAY has allowed itself to operate flawlessly. With its global rank of #235 in the world of the cryptocurrency market, Raydium looks undervalued at its current price. The Raydium price today is just above its 50-day moving average, and our RAY price prediction suggests that the Raydium price rise is imminent. Let’s look at what Raydium is, its features, and the Raydium RAY price prediction!
Raydium (RAY)
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Raydium Overview
Let’s start by understanding what Raydium RAY is through technical analysis and other forecasts. It describes itself as an Automated Market Maker, or AMM for short, created on the Solana blockchain that leverages the central order book of Serum decentralized exchange or DEX. This enables Raydium to achieve ultra-fast trades, improved shared liquidity, and frictionless earning yield. The native utility token of the Raydium protocol is RAY.
This is used for staking and governance of the protocol to participate and vote on community proposals and amendments. Raydium’s best price swaps features decide whether or not swapping within a liquidity pool or through Serum’s order book provides the best value for its users. Since the Solana DeFi has breakneck speed and less-than-average transaction fees, Raydium uses Solana to power itself. It is invested in Solana’s vision of the future of DeFi.
According to the official website, the total value locked amounts to over $249,258,107, with the total trading volume standing at over $19,446,317. The Raydium ecosystem provides vast liquidity for users and projects. One such project is AcceleRaytor, a launchpad for new projects to raise capital and for the community to participate in new Solana project launches.
Raydium (RAY)
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Features of Raydium RAY
Order Books
The exchange on Serum is decentralized, whereas the order books are centralized. This means that any orders submitted by Raydium RAY in the order book can be operated on Serum by anyone and vice versa! Many AMMs lack an order book to accumulate across liquidity pools; Raydium is not one of them. Serum’s order flow is leveraged by Raydium and provides liquidity in its pools. This benefits the entire ecosystem.
Market Making
Finding the right price for a product and providing trading partners to market contributors are the two goals of market makers. Raydium is reimbursed for all of its services. If they can find a fair price, market makers will receive the price difference between the ‘ask price’ and ‘bid price’ every time the participants trade against them. Market maker also gets a rebate fee form for giving liquidity from the transaction. Raydium RAY is a total market maker. Based on the continual invariants in the product, Raydium takes the locked token in it to create a string of orders at various sizes and price points to give liquidity. All these orders are made with the help of a constant product invariant.
There are many unique properties in this equation. One of them is that it is stateless. Raydium RAY can be converted into any other token even without having any information on the relative values or prices due to the ‘Infinite Liquidity’ that traders get. Based on the Fibonacci sequence, it uses this equation and prices order on the order book so that it can give up to 20 orders at various prices. In the future, we expect other liquidity-providing models to be employed to take advantage of oracles and increase liquidity usage. The total RAY mining reserve has 34 percent of token per tokenomics, roughly 188.7 million RAY digital coins.
Swaps
Raydium swaps give a simplistic, cost-effective, and high-speed substitute for instantly swapping one token for another. Although a standard feature, also there on most AMM platforms, traders will be able to save a lot of costs because of the efficiency and speed at which the swappings are performed. Any financial institution that likes reallocating its assets frequently to various pools will save a lot of costs while swapping a token. This will allow for more flexibility and opportunities to get the benefits of yield earning scope on Raydium Ray.
Dual Reward Farming
When a token is added to a liquidity pool, Raydium issues a liquidity provider (LP) token to track what percentage of the pool the owner of this token represents. For some mining pools, as thought out by the Raydium community, this coin can be framed to return an added Raydium token as a reward. This will benefit the projects in 2 ways: it will provide more liquidity when users are motivated to hold project coins to get additional rewards. Not just that, projects can even sponsor some pools by adding coins to a reward pool. This will furthermore incentivize users.
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Raydium Partnerships
On the official website, Raydium RAY shows that Solana and Serum are their partners. This is visible since the technology, and the framework of Raydium are hugely inspired by the mix of its partner’s technology. Bonsai is also Raydium’s official partnership with SushiSwap, enabling Sushi to expand its reach and community to Solana, Serum, and Raydium. Bonsai also allows Sushi to branch out to Solana native assets via a new page on SushiSwap UI connecting to Raydium.
Raydium (RAY)
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Raydium Technical Analysis
Since its launch, the Raydium RAY token surged higher in price within one year than anticipated and came crashing back just a few days after its listing. The price of Raydium remained volatile for a short term and then began to crash with a price drop and fall in May 2021, as per the Raydium technical analysis. During this time, the volatility fell to its lowest since RAY’s inception. All of this happened within one year, which is a concise time frame to decide the future performance of Raydium coin price properly.
From August 2021, the RAY price started to increase on high volume, directly increasing the volatility. But the Raydium price started to increase drastically and formed a new all-time high of $16.93 on September 12, 2021; the price dropped again, and since then, the Raydium price hasn’t gone back up.
The Raydium price stayed in a side trend till May before crashing in price. This crash in price showed a huge distribution in the Raydium token. Since then, the volume was not enough to create a new high for the indicator. But for the past month, the line has been trending upwards, indicating that there is some level of market participation in the Raydium RAY token. The current price is slightly above the 50-day moving average. That is a positive sentiment, and swing traders could probably use this as a good entry point in their trades as per the cryptocurrency forecast today.
Raydium (RAY)
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Raydium Price Predictions: 2024-2030
The Raydium price forecast and price analysis are based on historical data combined with predictive data modeling algorithms. Raydium price prediction today may not always remain true for tomorrow. Please note that this Raydium price prediction should only be interpreted as a suggestion or a definite indicator of the future price. It is impossible to predict not just Raydium’s price but the future price of anything perfectly. However, our most popular technical indicators help to give a realistic Raydium RAY price prediction. So that you can help improve the investment decision-making process.
Regardless, adhering to proper risk management is always good. We are not giving investment advice here, and any profitable investment system directly depends on the risk exposure. Traders and investors should do their research before investing before using any kind of forecast system. The Raydium crypto price prediction is as follows:
Year | Minimum Price | Maximum Price |
---|---|---|
2024 | $0.86 | $2.13 |
2025 | $2.09 | $2.51 |
2026 | $2.86 | $3.46 |
2027 | $3.74 | $4.47 |
2028 | $4.61 | $5.28 |
2029 | $6.55 | $7.27 |
2030 | $9.47 | $10.18 |
Raydium Price Prediction 2024
As per the data price prediction models, the minimum level of the RAY coin price forecast will be $0.86. The maximum price will be $2.13, with an average trading Raydium price of around $1.495 throughout 2024. This Raydium forecast is conservative and gives a ‘Buy Raydium’ signal for investors.
Raydium Price Prediction 2025
According to the Raydium technical analysis for 2025 and the RAY coin price prediction, the minimum price will be $2.09, and the maximum price level will be $2.51. The average price will be $2.30 in 2025. This conservative Raydium forecast will also experience some Raydium price drops or falls due to volatility.
Raydium Price Forecast 2026
The Raydium price prediction models show that the minimum price of Raydium is expected to be $2.86. The maximum price will be $3.46, maintaining an average price of $3.16 in 2026 as per the Raydium Price Prediction. This Raydium forecast is conservative. The Raydium cryptocurrency is undervalued and could generate maximum money returns on investment.
Raydium Price Prediction 2027
As per the Raydium price forecast, the RAY price is predicted to hit a minimum price level of $3.74. The Raydium price can reach a maximum level of $4.47. The average price throughout the year will be around $4.105.
Raydium Price Prediction 2028
As per the price predictions and our research, the RAY price forecast is anticipated to reach a minimum value of $4.61. The price can reach a maximum price of $5.28 by the end of 2028. The average price throughout the year will be around $4.945, as per the RAY price prediction.
Raydium Price Prediction 2029
Based on the historical data and RAY predictions, the token is expected to trade in a range of $6.55 to $7.27, where the former is the lowest price and the latter is the highest price for the year 2028. At the same time, the average price is anticipated to be around $6.91.
RAY Price Prediction 2030
By 2030, the Raydium forecasts indicate that the token will have a maximum price of $10.18, with a minimum price of $9.47. At the same time, the average value at which the coin may trade around the year 2030 is around $9.825.
Raydium (RAY)
$ 4.75 Trade Now
Frequently Asked Questions (FAQs)
Where to buy Raydium coin?
You can buy Raydium or sell Raydium on several crypto exchanges to invest your money. The recommended exchanges include Raydium.io, FTX.com, and Gate.io. Since the liquidity is high in these exchanges, the slippage will be less, and you can combine their purchase with cryptocurrencies or stablecoin pairs for maximum profits.
How many RAY tokens are in circulation?
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The market cap of Raydium RAY stands at $249,246,993, with a fully diluted market cap of over $147,805,530. The max supply is capped at 555,000,000 RAY, and the circulating supply is 258,462,729 RAY tokens. The Raydium price is equal to $0.9645 today.
Is Raydium a good investment?
Yes! In the next couple of years, the Raydium price will increase to easily generate significant returns. This alone makes it an asset that can be considered to have long-term earning potential. Some might say that it is a bad investment. Still, using one of the most popular indicators, RSI, it is possible to capture the proper price movements than following any other prediction. The current market rank of Raydium cryptocurrency also suggests that it is making its presence known in the market. It is just a matter of time before the market comes back to its proper value, so don’t sell Raydium and earn some profit. The intrinsic value of Raydium, in our opinion, is way below the market price. Thus, investing in it for the long term & the short term is something we assume is a good addition to the portfolio to generate a good return and profit.
Is Raydium safe?
The technology leverages Solana, which has already proven itself to be a secure network. Since Raydium RAY is built on Solana, it sustains all of the features of Solana as well. Thus, in terms of safety and security, Raydium is excellent and robust. Raydium RAY is currently under processing for a security audit with Kudelski Security. Provided that this audit offers positive results, there are chances that interest might peak in this crypto leading to a price increase in the short term.
What is the Raydium price prediction 2030?
The data prediction models based on historical data show that the price of Raydium will reach an average trading price of $9.825. The RAY maximum price and minimum price levels will be $10.18 and $9.47, respectively. As per our Raydium RAY price prediction, the future is bright for people who invest their money in it.