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Raydium's native token RAY rose 12% over 24 hours after monthly revenue reached roughly $3.87 million, the highest level since September 2025, with cumulative revenue tallied at $23.26 million. The rally is tied to a mechanical buyback channel rather than pure sentiment: 12% of standard swap fees fund RAY purchases, while token-launch platform LaunchLab directs 25% of its protocol fees to RAY buybacks and burns, with acquired tokens parked in a public on-chain address. Sustainability depends on LaunchLab launch and trading volume holding up, so verify fee accrual and buyback address flows before extrapolating the move to broader Solana DeFi beta and SOL itself.
As a Crypto signal, watch whether it changes price action, volatility, or flows around RAY, SOL.
Original Source: 토큰포스트
This page is market information analysis, not investment advice.
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