{"id":3397,"date":"2025-06-19T14:04:24","date_gmt":"2025-06-19T14:04:24","guid":{"rendered":"https:\/\/bitunikey.com\/news\/ray-price-at-risk-as-raydium-users-plunge-81\/"},"modified":"2025-06-19T14:04:26","modified_gmt":"2025-06-19T14:04:26","slug":"ray-price-at-risk-as-raydium-users-plunge-81","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/ray-price-at-risk-as-raydium-users-plunge-81\/","title":{"rendered":"RAY price at risk as Raydium users plunge 81%"},"content":{"rendered":"
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Raydium\u2019s token rose by over 12% on Thursday, June 19 as its active users and market share in the decentralized exchange industry retreated.<\/p>\n

Raydium (RAY) price rose to an intraday high of $2.7040, up 40% from its lowest level this week. It then pared back those gains to trade at $2.30, giving it a market capitalization of $598 million.<\/p>\n

Third-party data shows that Raydium\u2019s platform is under pressure. Data compiled by Artemis<\/a> <\/strong>shows that Raydium has over 838,000 active transacting users, a figure that has dropped for six consecutive months. It is down 81% from its December level of over 4.4 million.<\/p>\n

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Raydium transacting users | Source: Artemis<\/a><\/figcaption><\/figure>\n

Additional data shows that Raydium has lost market share in the DEX industry. According to DeFi Llama<\/a>, its network processed transactions worth over $21.9 billion in the past 30 days, far below PancakeSwap\u2019s $138 billion and Uniswap\u2019s $95 billion.<\/p>\n

<\/p>\n

By comparison, the platform\u2019s daily volume<\/a> of $467 million trails other DEX networks such as PancakeSwap, Uniswap, Pump, and Aerodrome. Most notably, Raydium\u2019s monthly transaction volume has dropped by 90%, falling from $124 billion in January to just $12 billion this month.<\/p>\n

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\n\"Raydium\n<\/picture>
Raydium monthly DEX volume | Source: DeFi Llama<\/a><\/figcaption><\/figure>\n

The decline is closely tied to the underperformance of Solana (SOL) meme coins. CoinGecko data<\/a> shows that many of these tokens have plunged more than 15% in the past seven days, pushing their total market cap down to $9.7 billion, a steep drop from $30 billion in January. Raydium typically sees higher volume when these tokens are rallying.<\/p>\n

Lower transaction volume has also weighed heavily on Raydium\u2019s revenue, which has plummeted from $58 million in January to $1.9 million this month.<\/p>\n

<\/source>
\n\"Raydium\n<\/picture>
Raydium monthly revenue | Source: Artemis<\/a><\/figcaption><\/figure>\n

RAY price technical analysis<\/h2>\n
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\n\"RAY\n<\/picture>
RAY price chart | Source: crypto.news<\/figcaption><\/figure>\n

The three-day chart shows that Raydium\u2019s price peaked at $8.5285 in January before pulling back to $2.25. It has since fallen below both the 50-day and 100-day Exponential Moving Averages, which have formed a bearish crossover.<\/p>\n

A head-and-shoulders pattern has also emerged, a common bearish reversal signal. Based on this formation, the token could be headed for a breakdown toward $1.40, the April 10 low. However, a move above the right shoulder at $3.820 would invalidate this bearish setup.<\/p>\n

<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Raydium\u2019s token rose by over 12% on Thursday, June 19 as its active users and market share in the decentralized exchange industry retreated. Raydium (RAY) price rose to an intraday…<\/p>\n","protected":false},"author":1,"featured_media":3398,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3397","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3397","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=3397"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3397\/revisions"}],"predecessor-version":[{"id":3399,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3397\/revisions\/3399"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/3398"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=3397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=3397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=3397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}