đš $RAY IS RIPPING WHILE THE MARKET SELLS!
$RAY is up around 15% today, trading near $2.53 even as $BTC slips back below $84K.
So whatâs driving the bid?
Tokenized stocks.
Raydium captured 90%+ of Solanaâs tokenized-stock volume in September, with stock pairs now surpassing $6B in volume.
And hereâs the kicker: around 12% of pool fees are being used for $RAY buybacks.
Thatâs some serious demand while the broader market is bleeding. đ
$RAY is up around 15% today, trading near $2.53 even as $BTC slips back below $84K.
So whatâs driving the bid?
Tokenized stocks.
Raydium captured 90%+ of Solanaâs tokenized-stock volume in September, with stock pairs now surpassing $6B in volume.
And hereâs the kicker: around 12% of pool fees are being used for $RAY buybacks.
Thatâs some serious demand while the broader market is bleeding. đ