Raydium’s trading success in November 2024: Raydium achieved 124.6 billion USD in trading volume, exceeding Uniswap’s by 30%. This notable performance is linked to increased activity around MEME coins on the Solana network, indicating a vibrant trading environment.
Strong position of RAY token in the market: Currently priced at 5.64 USD, RAY has gained 15.8% in the last 24 hours. With 41% of Solana’s total transaction volume, Raydium’s growth trend points to significant future potential in the DeFi space.