Raydium now routes more than 90% of Solana’s combined memestock and tokenized-stock decentralized-exchange volume, with total trades processed exceeding $5 billion. The protocol’s dominance has expanded through integrations with StonkFun, Sunrise and Backpack Securities, bringing meme-stock launches, established crypto tokens and regulated stock tokens into Raydium pools. Raydium’s daily swap volume rose from about $40 million during the first five days of September to more than $314 million on Sept. 11, while Solana’s network activity was on pace to surpass its August record of 5.2 billion non-vote transactions. Solana also activated 250-millisecond slot times at epoch 1037 on Sept. 18. RAY gained 96.5% in the seven days ending around Sept. 12 and traded at $1.86, while Raydium used 12% of protocol fees for a record $640,788 buyback on Sept. 9. The new buyback data puts cumulative purchases at about $2.1 million through that date, conflicting with an earlier account that cited a substantially larger cumulative figure.