Raydium Rockets 90% to 11-Month High on Solana
By Alphacino Editorial Team ·
Quick Take
Raydium just posted its heaviest buyback in over a year and the token is up 90% to prove it.
Raydium just had its best week in almost a year. RAY is up roughly 90% to hit an 11-month high of $1.75, and the move isn't just hype — there are three concrete catalysts stacking on top of each other.
First, StonkFun — one of the newer token-launch platforms competing in Solana's crowded launchpad space — started routing its deployments through Raydium's LaunchLab, slashing listing costs from 0.29 SOL down to just 0.03 SOL. Cheaper launches funneling through Raydium means more volume, more fees, and more reasons for builders to pick it over rivals. Second, the protocol executed a $640,788 RAY buyback on September 9, the largest single buyback the team has run since February 2025 — a clear signal that treasury revenue is being put to work supporting the token rather than sitting idle. Third, new tokenized stock listings on the platform have been pulling in serious trading volume, giving Raydium a growth lever that has nothing to do with meme coins at all.
Put together, it's a textbook case of a DEX token re-rating on fundamentals rather than narrative: fee generation, buyback discipline, and product expansion all moving in the same direction at once. For a token that's been range-bound for most of the year, an 11-month high is a big deal — and it puts Raydium back in the conversation as one of the core pieces of Solana's trading infrastructure, not just the place where graduated pump.fun tokens go to get their first real liquidity pool.
Whether the rally holds depends on whether that buyback pace and LaunchLab volume can keep up — but for now, RAY holders are having a very good week.
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