StoneFun launchpad has launched on the Raydium contract, and $RAY directly pumped 38%. This move can be seen as pulling attention back to Solana-based DeFi.
My view: a launchpad debut does not automatically mean guaranteed profits, but there are two signals worth watching — first, as a leading DEX on Solana, Raydium already has solid liquidity depth and TVL, so new projects launched here naturally have support; second, a 38% single-day gain suggests market sentiment has not been fully exhausted yet. If 24h trading volume can keep up, there may still be short-term momentum; otherwise, be cautious of a pump-and-dump.
I personally lean toward treating this as a window into an ecosystem-level event: more launchpad projects on Solana means the on-chain issuance cost is declining, which is a long-term positive for ecosystem activity, but short-term volatility will definitely increase. Keep position sizes under control; chasing highs is worse than waiting for a pullback. Watching volume and holder/cost-basis distribution is more reliable than watching price alone.
#Solana #DEX
My view: a launchpad debut does not automatically mean guaranteed profits, but there are two signals worth watching — first, as a leading DEX on Solana, Raydium already has solid liquidity depth and TVL, so new projects launched here naturally have support; second, a 38% single-day gain suggests market sentiment has not been fully exhausted yet. If 24h trading volume can keep up, there may still be short-term momentum; otherwise, be cautious of a pump-and-dump.
I personally lean toward treating this as a window into an ecosystem-level event: more launchpad projects on Solana means the on-chain issuance cost is declining, which is a long-term positive for ecosystem activity, but short-term volatility will definitely increase. Keep position sizes under control; chasing highs is worse than waiting for a pullback. Watching volume and holder/cost-basis distribution is more reliable than watching price alone.
#Solana #DEX