PumpSwap is growing its share of Solana DEX activity, but has not taken the turf of Raydium. Pump.fun brought back creators, with over 9,800 wallets creating tokens.

The crypto market continues to see-saw, with top assets fluctuating sharply between key support and resistance areas. As Bitcoin sheds gains and looks to hold above $83k, altcoins such as Raydium (RAY) are showing increased weakness.

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.

Raydium (RAY) has recently experienced significant selling pressure, causing a steep decline in its price due to market uncertainty and negative sentiment. The token has seen a 21.04% drop as its price fell below the $4.20 key support level, which had previously served as a critical threshold for the asset's price stability.

Raydium has dropped below a key support level as Pump.fun AMM launch causes fear, uncertainty, and FUD in the market.

Raydium (RAY) is a decentralized exchange (DEX) and automated market maker (AMM) built on the Solana blockchain. it offers fast transactions, low fees, and seamless liquidity within the Solana ecosystem.

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A Raydium contributor doubts the memecoin factory could replicate its success.

Raydium (RAY) has lost 27% of its value in the past 24 hours amid rumors that Pump.fun, the popular Solana-based protocol used to create meme coins, could soon launch an automated market-maker (AMM).

Pump.fun's AMM plans could disrupt Solana's DeFi scene, threatening Raydium's liquidity dominance and sparking a double-digit RAY price drop.

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.

Pump.fun is testing its own AMM, potentially replacing Raydium as the default exchange for its tokens, which could significantly reduce Raydium's trading volume and fees. The post Pump.fun AMM Rumors Trigger 28% Decline in Raydium Token (RAY) Price appeared first on Cryptonews.

Raydium's native token, RAY, has faced substantial declines amid growing speculation that Pump.fun, a leading Solana(SOL)-based meme coin launchpad, is testing its own Automated Market Maker (AMM).

Pump.fun is secretly testing the development of a new AMM exchange that could replace the partner Raydium.

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.

Pump.fun is quietly testing its AMM to offer liquidity pools for its graduated tokens and potentially reduce reliance on Raydium.

One X user reported earlier that Solana memecoin launchpad pump.fun is working to launch its own AMM functionality.

Raydium's token price fell 22% after the discovery of Pump.fun testing its own automated market maker system, which could redirect trading volume away from Raydium's platform.

Pump.fun AMM Development could disrupt Raydium's dominance on Solana, driving RAY token down by 22% in 24 hours.

Crypto watchers noticed the popular Solana tool apparently testing its own AMM in early Monday hours, dampening sentiment for tokens of its existing exchange.

Raydium's token has dropped 25% after an onchain sleuth said they found Pump.fun was making a protocol that could cut off a source of the DEX's revenue.

Pump.Fun developing its own automated market maker could threatening Raydium's market dominance, Decrypt was told.

Pump.fun, the popular Solana-based memecoin launchpad, is reportedly testing its automated market maker which could replace Raydium as the default decentralized exchange for graduated tokens.

Most altcoins have crashed by double digits in the past few weeks. Solana, Bonk, Pepe, and Raydium prices have plunged by double digits, meaning that they have moved into a deep bear market. So, let's explore why these altcoins have plunged and what to expect in the near term.