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

This is a segment from the Lightspeed newsletter. To read full editions, subscribe.

Leading Solana MEV infrastructure protocol Jito temporarily experienced downtime early on Wednesday morning.

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.

Jupiter (JUP) has recently been a standout performer in the crypto market, showcasing an impressive gain of 45.85% over the past month. Despite this rally, the token encountered significant selling pressure as it struggled to break above a key resistance level.

The recent rally in Jupiter price (JUP) has gained substantial attention in the cryptocurrency market, as the token climbed 29% within a week to reach $1.20. This sharp increase has raised questions about the potential for continued upward momentum, with indicators suggesting that further growth could push JUP Price towards the $1.8 mark.

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.

A resistance level could delay a bullish trend from forming on Jupiter's chart.

As one of the top-performing Solana-based DeFi protocols with rising TVL, Jupiter (JUP) witnessed a ~35% price rally. With the altcoin reclaiming the $1 psychological mark, the uptrend eyes a bullish extension.

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

Jito Labs recorded $78.92 million in monthly fees for October, doubling its previous record of $39.45 million set in May.

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.

Key Points:

The cryptocurrency market continues to fluctuate, one coin is currently under scrutiny: Jupiter (JUP). After briefly climbing above the $1 mark, JUP has begun to retrace its steps, raising concerns about its future trajectory.

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.

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.

JUP may soon register a decline as the market enters its next phase.

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

Jito SOL opened the first round of liquid staking, with a limit of $25M. Liquid staking may tap the value of SOL without the need to trade directly.

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.

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!

They have introduced a new feature called Biometric Authentication. It helps protect sensitive actions like exporting your recovery phrase or making large transfers.

As the crypto market gears up for November, altcoins are likely to experience notable shifts in price action. Beyond general market sentiment, certain crypto assets are also set to undergo pivotal network and chain updates, which could significantly influence their valuations.

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.

Jupiter (JUP) is catching investor attention as it holds potential for a 100% surge, eyeing the $2 mark. With recent gains of over 30% this month alone, JUP has shown solid upward momentum that could accelerate if certain technical hurdles are overcome.

Jupiter (JUP), the native token of the Solana-based decentralized exchange, has seen a significant price surge recently, reaching $1.01, marking a 25% increase over the past month. This upward momentum positions JUP at its highest price point in 30 days, and market analysts are optimistic about its potential for further gains.

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 crypto market regains momentum as Bitcoin (BTC) resumes its comeback. Amid rising sentiment, smart money doubled down on Solana (SOL) and IntelMarkets (INTL), a new AI crypto. Investors who rode the “Uptober” rally and made significant gains from Jupiter (JUP) are considering diversifying their profits—a smart move.

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.

Chainlink (LINK) and Raydium (RAY) are signalling a potential breakout as bulls look to reclaim control. Another altcoin showing significant movement, despite paring recent gains is Pendle (PENDLE), which has attracted whales amid growing traction for decentralised finance protocols.

In a notable development on October 21, Solana-based DEX Raydium achieved higher daily fee revenue than the Ethereum network.

JUP rally appears to be just beginning, with the potential for significant gains.

This is a segment from the Lightspeed newsletter. To read full editions, subscribe.

Jito, the biggest staking network on Solana, is performing well as assets in its ecosystem soar to a record high. Jito (JTO) token rose to the important resistance point at $2.50, its highest swing since Sep.