Raydium token surges 61% as launchpad integration boosts trading

  • Raydium’s native RAY token surged 60.91%, or about 61%, over 24 hours, rising from below $1 to above $1.30.
  • Raydium surpassed $3 billion in cumulative tokenized equities volume and introduced Permissioned AMMs for KYC-gated asset trading.
  • Trading activity was linked to the StonkFun launchpad, also identified as @LaunchOnSF; Bitcoin was at $79,687 and Ethereum gained 0.87%.

Raydium’s native RAY token surged 60.91%, or about 61%, over 24 hours, rising from below $1 to above $1.30 as trading activity increased on the Solana-based decentralized exchange following reported integration with the StonkFun launchpad, also identified in another report as @LaunchOnSF. Raydium has surpassed $3 billion in cumulative tokenized equities volume and introduced Permissioned AMMs that enable KYC-gated trading of tokenized assets. Bitcoin traded slightly lower at $79,687, Ethereum rose 0.87% to $2,481.48, and Arbitrum’s ARB token gained 39.29% in the latest snapshot, although earlier reports cited different ARB increases.

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