Raydium Worth Prediction: Raydium Pumps Previous $7, Is $10 Incoming?
2025 has already kicked off with excessive exercise within the Solana ecosystem, particularly following the launches of two meme cash tied to US President Donald Trump and his spouse, Melania.
These new tokens have sparked loads of debate amongst merchants, with some anticipating them to fade shortly and others satisfied they’re essential to driving long-term progress for Solana. Amid this debate, buying and selling quantity has massively elevated on decentralized exchanges (DEXs) and automatic market makers (AMMs).
One of many greatest winners to date has been Raydium ($RAY), a well known Solana-based AMM and token swap protocol.
RAY noticed an almost 40% leap in simply the previous week, primarily resulting from elevated community volumes brought on by meme cash like Official Trump ($TRUMP) and Official Melania Meme ($MELANIA).
As 2025 unfolds, many merchants now marvel if the RAY token’s current leap past $7 may proceed to the $10 mark—a milestone that will have appeared exceptionally bold only a few months in the past.
In the meantime, one other crypto platform token has additionally been gaining consideration as Greatest Pockets lately launch its $BEST Token ICO, which has already raised almost $8 million in its early presale levels.
Is RAY on Monitor for $10?
Following a fast pump in early November 2024, RAY started buying and selling between $4 and $6.50 in a constant sideways vary. Even throughout final December’s market stoop, when many altcoins misplaced a good portion of their worth, RAY managed to keep up its assist on the $4 mark.
Issues took an much more bullish flip when Raydium’s buying and selling volumes surged after the TRUMP and MELANIA token launches. In line with DeFi Llama, Raydium’s exercise set a brand new weekly report of $42 billion in complete quantity, smashing its earlier report of $27 billion from final November.
The RAY token then pushed upwards by over 40% in the course of the previous week, momentarily dipping solely when short-term merchants took income.
If we take a look at the day by day chart for RAY, we see that the token’s value hovered round $5 from the tip of December into January. Because the shopping for stress began to mount, RAY’s mid-January rebound from the $4 assist helped it break the $6 resistance and start closing above $7.
Raydium additionally has a token buyback program to lower RAY’s provide. It lately purchased again 1.6 million tokens, pushing its complete buyback tally above 55 million—almost 10% of the token’s circulating provide.
From a technical standpoint, Raydium’s value chart helps continued bullish exercise. As an illustration, RAY remains to be properly above its 200-day EMA, displaying a robust bullish edge available in the market.
If consumers preserve their momentum, the subsequent take a look at will probably be pushing previous $8. A profitable shut above that stage may clear the trail towards $10.
In style crypto analyst Daniel Ramsey highlighted how RAY crossed out of a bullish flag sample on the day by day chart, and appears good to go “above 2 digits.”
#RAY crossed out of the bullish flag on day by day timeframe👀
We’re going above 2 digits✈️#Raydium $RAY pic.twitter.com/xzj4kL5PEA
— Daniel Ramsey (@ramseycrypto) January 18, 2025
In the meantime, many buyers are searching for alternatives past single-chain DEXs. Greatest Pockets is a contender attracting enormous curiosity, primarily due to its multi-chain options and built-in DEX platform.
May Greatest Pockets Token be a Stronger Multi-Chain Various?
In contrast to Raydium, Greatest Pockets (powered by its new ecosystem token $BEST) supplies cross-chain options for its customers, together with token swaps and a self-custodial pockets. It’s superb for merchants preferring an all-in-one utility, somewhat than transferring throughout a number of wallets and DEXs.
You possibly can entry the Greatest DEX straight from the Greatest Pockets cell app, with choices to swap tokens throughout chains like Ethereum, BNB Sensible Chain, and Polygon. Different networks are at present within the pipeline, together with Solana and lots of extra.
The Greatest Pockets ecosystem additionally options staking, safe crypto pockets storage for 1000’s of cash throughout over 60 chains, entry to token presales, iGaming, and extra.
The utility token powering these options is named BEST, and supplies extra advantages like governance votes, decrease transaction charges, greater staking rewards, iGaming extras, airdrops, and unique early presale entry for BEST holders solely.
One other function that has attracted many merchants is Greatest Pockets’s “Upcoming Tokens” part. Crypto tasks can explode in worth in a single day, and recognizing the very best picks early is essential for using the bull runs. The Upcoming Tokens device highlights brand-new tokens with excessive upside potential which are nonetheless of their early levels; current examples embrace Pepe Unchained and Catslap, which shortly pumped after their preliminary listings.
The Greatest Pockets Token remains to be in its ICO stage, and the presale has raised almost $8 million from early supporters. The token at present sells for $0.023675, which ought to seem to be an enormous low cost in hindsight when BEST turns into accessible for buying and selling on main exchanges.
