Raydium has maintained its status as the top DEX in Solana, generating approximately 751.16 million USD in fees over the past year. Its market cap is currently 1.96 billion USD with a circulating supply of 290.88 million tokens, indicating strong investor interest.
Amid rising trading volumes, particularly from the TRUMP memecoin, RAY surged to a new all-time high of 6.88 USD. This strong demand could lead to further speculative influxes as the Solana network remains active.