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Raydium's team lead believes the majority of asset issuance will occur on Solana. "We want Raydium to play a central role in that," he said.

While PumpSwap achieved record $426M volume, Raydium maintained dominance with 46.1% market share in Solana's competitive DEX landscape.

Raydium has maintained Solana dominance, and its token has jumped 12% despite the emergence of a competitor in PumpSwap.

PumpSwap introduces zero-fee token migrations and a creator revenue-sharing model, posing a direct threat to Raydium.

It is already active and provides for the automatic and free migration of tokens from the platform.

Pump.fun, the wildest memecoin factory on Solana, has just shut the door on Raydium to launch its own DEX, PumpSwap.

Decentralized exchanges (DEX) like Raydium, Orca, and the newly launched PumpSwap have become the center of the meme coin storm thanks to fast transactions, low fees, and easy accessibility.

Pump.fun has launched its own decentralized exchange (DEX) called PumpSwap, potentially displacing Raydium as the primary trading venue for Solana (SOL) memecoins. Starting on March 20, memecoins that successfully bootstrap liquidity, or “bond,” on Pump.fun will migrate directly to PumpSwap, Pump.fun said in an X post.

Pump.fun launches PumpSwap, its native Solana DEX, offering fee-free migrations and creator revenue sharing amid declining volume. The post Pump.fun rolls out native DEX PumpSwap, ending Raydium migrations appeared first on Crypto Briefing.

RAY's price soared over 28% following speculation about a meme coin launchpad designed to rival Pump.fun and enhance Solana's ecosystem.

Raydium has launched LaunchLab, a Pump.fun clone with unique pricing features, sparking divided opinions across the crypto community. Raydium has announced the launch of LaunchLab, a new platform designed for creating and launching tokens—similar to Solana's Pump.

Raydium fights back against Pump.fun with LaunchLab, boosting its token and reshaping Solana's DeFi landscape

Raydium has announced the launch of LaunchLab, a new launchpad for memecoin alternative to pump.fun.

Raydium's native token, RAY, soared during the early hours of the Asian session. The surge comes after the Solana-based decentralized exchange (DEX) and automated market maker (AMM) announced plans for its token launchpad, LaunchLab.

Raydium launches the “LaunchLab” token launchpad to compete with Pump.fun's AMM. Pump.fun contributes over 35% of Raydium's revenue, making it a crucial part of Raydium's business model.

Raydium's RAY token price jumped 28% after announcing LaunchLab, its new token issuance platform designed to compete with Pump.fun.

Raydium, one of the leading decentralized exchanges on the Solana blockchain, has just caused a stir in the world of decentralized finance with the launch of its new token issuance platform, LaunchLab. This bold move, as reported by Blockworks, directly challenges established players like Pump.Fun in the rapidly evolving token launch arena.

LaunchLab will three types of bonding curves that match demand and price for a token and will let third-party UIs set their fees.

Raydium, a Solana-based DEX, is reportedly planning to introduce a meme cryptocurrency factory alternative to Pump.fun. The upcoming Raydium LaunchLab will ensure exponential logarithmic bonding curves matching the asset's price and demand (similar to Pump.fun). The only difference is that it will allow third-party UIs to determine their fees.

Raydium's new launchpad could reshape the meme coin landscape, but user engagement challenges may hinder its competitive advantage. The post RAY jumps 28% after Raydium unveils Pump.fun's meme coin launchpad rival appeared first on Crypto Briefing.

The move comes about a month after Pump.fun was found to be testing a custom-built automated market maker, possibly to replace Raydium.

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Raydium (RAY) has been making waves in the crypto market, trading at $2.32, up 11.73% at press time. With increasing Open Interest and social dominance, RAY is drawing attention from both traders and investors.

RAY's potential rally hinges on breaking resistance, despite declining network activity hinting at caution.