Raydium Value Prediction: Raydium Pumps Previous $7, Is $10 Incoming?
2025 has already kicked off with excessive exercise within the Solana ecosystem, particularly following the launches of two meme cash tied to US President Donald Trump and his spouse, Melania.
These new tokens have sparked loads of debate amongst merchants, with some anticipating them to fade shortly and others satisfied they’re essential to driving long-term progress for Solana. Amid this debate, buying and selling quantity has massively elevated on decentralized exchanges (DEXs) and automatic market makers (AMMs).
One of many largest winners thus far has been Raydium ($RAY), a well known Solana-based AMM and token swap protocol.
RAY noticed a virtually 40% leap in simply the previous week, primarily as a consequence of 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 might proceed to the $10 mark—a milestone that may have appeared exceptionally bold just some months in the past.
In the meantime, one other crypto platform token has additionally been gaining consideration as Greatest Pockets not too long ago launch its $BEST Token ICO, which has already raised practically $8 million in its early presale phases.
Is RAY on Observe 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 take care of its help 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 response to 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% through the previous week, momentarily dipping solely when short-term merchants took income.
If we take a look at the each day chart for RAY, we see that the token’s worth 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 help helped it break the $6 resistance and start closing above $7.
Raydium additionally has a token buyback program to lower RAY’s provide. It not too long ago purchased again 1.6 million tokens, pushing its complete buyback tally above 55 million—practically 10% of the token’s circulating provide.
From a technical standpoint, Raydium’s worth chart helps continued bullish exercise. For example, RAY continues to be nicely above its 200-day EMA, exhibiting a robust bullish edge out there.
If consumers preserve their momentum, the following check will possible be pushing previous $8. A profitable shut above that stage might clear the trail towards $10.
Widespread crypto analyst Daniel Ramsey highlighted how RAY crossed out of a bullish flag sample on the each day chart, and appears good to go “above 2 digits.”
#RAY crossed out of the bullish flag on each day timeframe👀
We’re going above 2 digits✈️#Raydium $RAY pic.twitter.com/xzj4kL5PEA
— Daniel Ramsey (@ramseycrypto) January 18, 2025
In the meantime, many traders are on the lookout for alternatives past single-chain DEXs. Greatest Pockets is a contender attracting large curiosity, primarily due to its multi-chain options and built-in DEX platform.
May Greatest Pockets Token be a Stronger Multi-Chain Various?
Not like Raydium, Greatest Pockets (powered by its new ecosystem token $BEST) offers cross-chain options for its customers, together with token swaps and a self-custodial pockets. It’s splendid for merchants preferring an all-in-one software, relatively than transferring throughout a number of wallets and DEXs.
You may entry the Greatest DEX straight from the Greatest Pockets cellular app, with choices to swap tokens throughout chains like Ethereum, BNB Good Chain, and Polygon. Different networks are presently 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 known as BEST, and offers further advantages like governance votes, decrease transaction charges, increased staking rewards, iGaming extras, airdrops, and unique early presale entry for BEST holders solely.
One other characteristic that has attracted many merchants is Greatest Pockets’s “Upcoming Tokens” part. Crypto tasks can explode in worth in a single day, and recognizing one of the best picks early is essential for using the bull runs. The Upcoming Tokens software highlights brand-new tokens with excessive upside potential which can be nonetheless of their early phases; current examples embrace Pepe Unchained and Catslap, which shortly pumped after their preliminary listings.
The Greatest Pockets Token continues to be in its ICO stage, and the presale has raised practically $8 million from early supporters. The token presently sells for $0.023675, which ought to seem to be an enormous low cost in hindsight when BEST turns into obtainable for buying and selling on main exchanges.
