RAY jumps 10% to $1.76 as Raydium captures 64% of StonkFun volume
- —RAY gained 10% in 24 hours to $1.76, beating the broader market by 3.99%
- —Raydium processed $1.713 billion of StonkFun's $2.67 billion volume, a 64% share
- —Protocol TVL rose to $1.26 billion; holders revenue reached $280,000 in 24 hours
- —RAY held above the $1.75 support area and its key EMAs
Why it matters: RAY's rally is backed by real protocol usage, but sustaining it depends on Solana ecosystem activity staying elevated.
Source: AMBCrypto