Raydium [RAY] climbed more than 10% in 24 hours to $2.05, outperforming the broader market as new asset integrations increased activity across Solana’s growing tokenization ecosystem. The launch of USDv and Injective [INJ] expanded the assets available on the platform and strengthened its role as a Solana-based decentralized exchange. Trading volume doubled to $185 million over the period, while Futures Volume tripled to $25.25 million. Long positions represented 51% of leveraged positions, with bulls holding a 1% advantage over sellers. Data from CryptoQuant also showed increasing retail orders and overheating signals across both Spot and Futures markets. RAY reached a new all-time high of $2.12 at the previous day’s close, leaving that level as the main obstacle to further gains. Sustained volume will be important for determining whether buyers can maintain momentum as broader altcoin rotation supports risk appetite.