RAY jumps 22.8% to $1.72 as trading volume doubles
- —RAY trades at $1.72, up 22.82% from the day's open of $1.41
- —Volume of $144.95 million is 109% above the 30-day average
- —30-day return is +166%, with RSI at 71.1 signaling overbought conditions
- —Market cap is about $466.5 million, still 89.8% below its 2021 all-time high
Why it matters: RAY's rally reflects returning appetite for Solana's DeFi sector amid asset tokenization, but overbought conditions raise the risk of a correction.
Source: DiarioBitcoin