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news-imageFebruary 24, 2025

Pump.fun Tests New AMM, Potentially Disrupting Raydium's Solana Dominance

TL;DR Pump.fun is developing a new AMM that could displace Raydium as the primary liquidity provider on Solana, shifting the dynamics of meme coins. The RAY cryptocurrency saw a 28.10% drop in 24 hours due to speculation about the impact of this new AMM. Pump.
Publisher: Crypto Economy
Sentiment: Positive
RAY
SOL

More News Articles

Neutral
cover-imageBenzinga
February 24, 2025

Hedera Down 35% In A Month, But Jumps Ahead of Dogecoin, XRP, Solana In ETF Race

Hedera (CRYPTO: HBAR) has seen a 35% decline this past month, but the approval process for a spot HBAR ETF has triggered renewed interest among traders. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Hedera (CRYPTO: HBAR) $0.2139 $8.96 billion +1.8% +1.3% XRP (CRYPTO: XRP) $2.44 $141.4 billion -4.3% -7.4% Cardano (CRYPTO: ADA) $0.7253 $25.5 billion -5.2% -8.6% Trader Notes: Crypto trader Javon Marks sees HBAR's first breakout target at $0.504, a 128% increase from current levels.

Negative
cover-imageCoinPedia
February 24, 2025

Why is Solana (SOL) Price Falling Today?

Amid market uncertainty, Solana (SOL), the world's fifth-largest cryptocurrency by market cap, appears bearish and is poised to continue its decline in the coming days. With this notable drop, SOL has experienced a significant 37% loss in the past 30 days.

Negative
cover-imageCointribune
February 24, 2025

Solana's Memecoin Mania Cools Off

After months of excitement, the frenzy surrounding the launch of tokens on Solana is slowing down significantly. Pump.fun, the leading platform for launching memecoins, is experiencing a marked decline in its activity and revenue.

Negative
cover-imageCoinPedia
February 24, 2025

Why Solana Is Going Down Today?

Amid the ongoing market uncertainty, the SOL price has failed to hold its value above its important support level. This has resulted in it experiencing a major price crash this month.

Negative
cover-imageInvezz
February 24, 2025

RAY's market cap slips below $1B as Pump.fun challenges Raydium's DEX lead

Raydium's native token plummeted on Monday as bearish sentiment limited Bitcoin's movements around $95K. While broad market weaknesses contributed to RAY's slump, rumors of Pump.fun's upcoming AMM pools dented Raydium's DEX business. These speculations have seen Raydium's market cap dipping from $1.237 billion to press time's $905K within hours. Pump.

Negative
cover-imageInvezz
February 24, 2025

Solana price prediction as the SOL meme coin bubble bursts

Solana price remains in a deep meltdown as concerns about its ecosystem continued. It crashed to a low of $160 on Monday, continuing a trend that started earlier this year when it peaked near $280. It has dropped in the last six straight weeks and is now hovering at its lowest level since December.

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