Raydium price is on track for the third consecutive week of gains and is hovering at its highest level since January 2022 after it flipped Uniswap amid the ongoing Solana meme coin boom. The RAY token soared to a high of $6.32 on Friday, up by over 8,550% from its lowest level in 2023.

Raydium almost caught up with Uniswap's weekly volumes. The top Solana DEX also produced record 24-hour fees above $10M.

Popular decentralized exchange (DEX) dYdX — currently offering perpetual trading options for over 35 popular cryptocurrencies — is set to unveil its most ambitious upgrade yet. Labeled ‘dYdX Unlimited,' the update will feature a number of comprehensive enhancements that promise to offer traders increased flexibility while simultaneously providing them with new passive income streams.

November started off very well, with many cryptocurrencies, including Bitcoin, forming new all-time highs. Amidst the chaos, however, some altcoins are getting sidelined and hold the potential to note gains.

Raydium (RAY) has been a prominent name in the world of decentralized finance (DeFi), and many crypto enthusiasts are wondering where its price is headed in the coming years. Built on the Solana blockchain, Raydium is both an automated market maker (AMM) and a liquidity provider for the Serum DEX.

Robert Kiyosaki, a Bitcoin lover, entrepreneur, and author of the popular classic book on finance management “Rich Dad Poor Dad,” has published a tweet to warn his audience on the X platform about the unleashed banking crash once again.

Raydium jumped 65% over the past week, making it the top gainer among the 100 largest cryptocurrencies. Raydium (RAY), the largest decentralized exchange on the Solana Blockchain rose for four consecutive days, to reach a 34-month high of $5.

With the Solana price reclaiming the $200 mark, the SOL ecosystem has experienced a significant uptrend in valuation this week. Following this, the Raydium price has almost 3xed its investors holding this month.

Raydium (RAY), the native token of the decentralized exchange (DEX) on the Solana blockchain, has been one of the standout performers in the cryptocurrency market in recent weeks. In a remarkable rally, RAY has surged to its highest point in two years, eclipsing Bitcoin's (BTC) gains over the same period.

RAY emerges as one of the best performing cryptocurrencies as it surges to its highest level in 2024.

With the impressive surge of Raydium over the past month nearing 200%, could there be a ray of new ATH for RAY price soon?

The cryptocurrency market has undergone a notable spike, rising 7.41% in the last 24 hours and raising the entire market capitalization to $2.46 trillion. Along with this, trading volumes have increased by 128.03%, totaling $192.7 billion.

With a rising trend and the broader market recovery, the RAY price bull run creates a new all-time high. As the Solana-based DeFi protocol becomes one of the top performers in the crypto market, bulls target higher price levels. As the RAY prices approach the $6 breakout, will the bull run reach $16.

The probability of a strong altseason has increased as the Bitcoin price has risen. Moreover, the growing Bitcoin dominance fueled the expectation, which appears to become viable as the altcoins continue to gain strength. Presently, the dominance has reached levels around 60% from where the famous 2021 bull run was instigated.

Raydium (RAY) token went parabolic this week, soaring to its highest level since January 2022 as the crypto bull run entered high gear. RAY's crypto token surged to a high of $4.25, much higher than the year-to-date high of $0.94, representing a 365% jump.

The Raydium (RAY) price has suffered a considerable pullback following an astonishing rally that resulted in a 1000% year-on-year surge that pushed the Solana-based token well over $3.5. Solana (SOL), one of the most popular layer-1 networks, has surged following an 8% crash.

With the market capitalization of cryptocurrencies dropping 0.09% over the last day to $2.33 trillion, the crypto prices today are experiencing a minor decline. Additionally, trading volume has decreased by 4.87% to $88.31 billion, suggesting that investors are becoming cautious.

A pivotal $3.26 resistance lies ahead for RAY.

Raydium (RAY) price has surged nearly 20% over the past week, showing impressive strength within the Solana ecosystem. With Raydium maintaining a stronghold as the leading decentralized exchange on Solana, its price momentum is backed by substantial trading activity and liquidity.

With the crypto market witnessing almost $100M in short-side liquidations, the bull run chances are increasing amid Q4 rally chances. Further, as the BTC price is inching closer to surpassing the $65k mark as the buying pressure increases, the altcoins prepare to launch a new bull run.

The CEO of the dYdX Foundation sees parallels between the internet of the 1990s and where Decentralized Finance (DeFi) is today.

The move is meant to allow the platform to shift back to its core vision as it faces a competitive market.

dYdX Trading, the company behind the decentralized exchange platform, recently announced it has let go of 35% of its workforce.

dYdX announces a strategic shift back to startup mode, aiming to reignite innovation and agility. The decision follows recent layoffs and a re-evaluation of the company's operational structure.

Ever since the launch of the Bitcoin ETF, the institutions have been accumulating the token heavily. As the price is ascending towards the ATH, these activities have been intensifying, and as a result, the total ETFs held by them have now surpassed the Bitcoins held by Satoshi Nakamoto.

Charles d'Haussy CEO dYdX Foundation told CryptoNews he sees a convergence in centralized exchanges (CEXs) and decentralized exchanges (DEXs) and noted that only 5% of perpetuals are currently traded on-chain. The post dYdX Sees Convergence of CeFi and DeFi and Plans to Launch ‘dYdX Unlimited' appeared first on Cryptonews.

October has seen Raydium, Solana's largest DEX, generate $22.3 billion in volume, while Uniswap on Ethereum has processed $38 billion.

Raydium continues to draw attention as the most active DEX on Solana. RAY tokens trade near their one-year high, with rising open interest in the past weeks.

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Dydx, the decentralized finance platform, has announced a significant restructuring, with CEO Antonio Juliano revealing the difficult decision to lay off 35% of its core team as part of a strategic shift to align with the company's evolving goals.

dYdX's major layoffs and declining TVL highlight ongoing market pressures, with a mixed response from investors reflected in DYDX's fluctuating price.

Antonio Juliano, the founder of decentralized derivatives exchange dYdX, has announced a 35% reduction in the company's core workforce. Interestingly, this news has not affected the price of dYdX.

Decentralized exchange platform dYdX has announced a 35% reduction in its workforce as it embarks on a strategic overhaul led by returning CEO Antonio Juliano. Juliano, who resumed leadership on October 10 after a six-month hiatus, cited a need for a leaner, more focused team to steer the company through mounting industry challenges.

dYdX has announced the departure of several team members, including members of the core team.

dYdX's layoff decision was a realisation that the company is different from the company dYdX must be. The post DeFi Exchange dYdX Follows Consensys in Layoff Spree, Cuts Workforce by 35% appeared first on Cryptonews.

The decentralized crypto exchange laid off more than a third of its workforce on the same day Ethereum development firm Consensys cut 162 employees.

The decentralized derivatives platform dYdX recently announced that it had laid off 35% of its workforce, including core team members. Despite the workforce reduction, the price of the platform's native token, dydx, rose by 5.56%, as traders reacted positively to the restructuring news.

DYDX, the firm that is developing an on-chain crypto derivatives exchange has let go of 35% of its core team. Chief executive officer Antonio Juliano announced on Tuesday that the decision was essential to align the company's structure with its evolving needs.

"The company we've built is different from the company dYdX must be," said the CEO.

CEO Antonio Juliano, who announced the redundancies, recently rejoined the firm after a six-month sabbatical.

dYdX has announced a 35% workforce reduction as part of a strategic shift. The move is aimed at restructuring the company for future growth.

Raydium (RAY) is on a tear. Despite the usual volatility across all crypto assets, including blue-chip meme coins like Dogecoin and Pepe, the token is up 215% this year.

What's Raydium news today and what's causing this RAY price performance? Find out in this article!

Raydium recorded a strong rally over the past month, putting it in the overbought zone. But its funding rate shows the possibility of a further hike.

Here is how some of your favorite assets concluded the week.

Story Highlights The live price of the Raydium crypto is . RAY price could reach a high of $5.82 in 2024. Raydium coin price may reach a high of $27.36 by 2030. Built on the Solana chain for the Serum DEX, Raydium is an AMM and a liquidity provider.

RAY reaps the benefit of impressive demand and utility within the Raydium DEX. TVL and volume soar to noteworthy levels.

The recent price action of Solana-based Raydium (RAY) has caught investor attention, as the decentralized exchange (DEX) token has maintained an uptrend, achieving a seven-month high.