Jonathan 🟥

bullish on $RAY because numbers keep getting better every fawcking day!

another $815K went into buybacks over the last 7 days. Raydium has now bought back 32% of the circulating supply.

memecoins brought volume. token launches brought volume. now tokenized stocks are bringing a whole new market to Solana.

keep holding your bag.

$5B in tokenized stock volume. Raydium is now the leading onchain AMM for tokenized stock trading on Solana. tokenization keeps growing, and $RAY is sitting right in the middle of it. still bullish.

my $RAY call on gg already did a 2x, but the price move is only part of why I’m still watching it.

what keeps me interested is everything Raydium has going on under the hood.

Raydium has already handled over $5B in tokenized trading volume on Solana, and a big chunk of that onchain activity continues to flow through Raydium.

now imagine where that can go if tokenized stocks and other real-world assets keep growing.

Raydium already has the liquidity, users, distribution, and fee engine to benefit from that growth.

more trading brings in more fees. part of those fees goes back into buying $RAY from the open market. LaunchLab adds another source of activity on top of that.

then there’s the SEC Innovation Exemption to keep an eye on. If it moves forward, it could open the door to more assets coming onchain, more tokenization partnerships, and a much bigger market for Solana.

Raydium already has the infrastructure in place.

the 2x was nice.

I’m more interested in seeing how far this can go if the flywheel keeps growing.

hold your $RAY bag.

The Fed already raised rates by 25 bps to 3.75–4.00% on September 16, its first hike since July 2023. The move was widely expected, so the hike itself was not a big surprise. The bigger shock would have been if the Fed had decided to hold rates. A surprise hold could have made traders nervous. People might have started asking what the Fed was seeing behind the scenes, like weaker growth or problems in the job market. That uncertainty could have hurt crypto more than an expected rate hike. After the decision, $BTC held around the mid-$76K area while stocks fell and the dollar moved higher. So the main thing to watch now is the Fed’s signal that another rate hike could still happen this year. #Macro Insights# #BTC Price Analysis#

$INJ 現已上線 Raydium。

您可以通過 Sunrise 在 Solana 上 24/7 交易 Injective，並將原生 Injective 資產直接帶到 Raydium。

$RAY season looks like it’s starting.

raydium has already used around $200m to buy back roughly 30% of the circulating supply. team unlocks ended in feb 2024, and 12% of every swap fee still goes into buying $RAY on the open market.

we already saw what this can do this month. launchlab volume, tokenised-stock trading and a $640k single-day buyback helped push $RAY close to $1.75.

as always... more activity on raydium means more fees, more buybacks and less $RAY sitting on the market. bullish

there are only around 270m tokens circulating. all we need is solana dex volume, launches and tokenised assets to keep growing to send $RAY much higher.

ath is still far, but the path back to it is there.

see you in Uptober
#Macro Insights#

gm

$DASH hasn't pumped yet.

NFA

Arbitrum $ARB 在渣打銀行啟動評級後走高，目標為2030年底 $10、2026年底 $0.50，並引用 Robinhood Chain 與代幣化。於更大範圍拋售之際的相對強勢！

Called $WRESTLER at $288K on GG. Ran to $6M+ ATH for about 20x from the call. Still another sign you should probably pivot to GG already.

參議院共和黨人於9月14日發佈了最終版《數字資產市場清晰法案》（Digital Asset Market Clarity Act）文本。該文本納入了特朗普支持的道德條款，並採納了120多項民主黨提出的修改。星期二將舉行終局辯論（cloture）投票。這是美國加密市場結構規則的關鍵程序步驟。 - 機遇：若其推進，SEC與CFTC的職能界線可能會更清晰。 - 風險：未能獲得60票。關注星期二的投票結果以及同一周的美聯儲決策。 #BTC價格分析# #宏觀洞察# #山寨季#

$RAY update: my thesis on gg.xyz is playing out.

Since my September 1 post, $RAY is up around 2.18x.

The move has been backed by real flow too.

StonkFun moved new launches to Raydium LaunchLab, Raydium printed its largest daily buyback ever on September 9, and $RAYCAT is adding another source of demand through its RAY pair and holder rewards.

$RAY is now up roughly 94% on the week.

The setup remains the same: stronger activity, higher fee capture, more room for buybacks.

Watching whether that holds after this first leg.

$RAY 正在飛速成長，哇

Wintermute 從 Laptop Token 團隊收到了 250 萬 $LAPTOP，並且現在正在將其在鏈上拋售。

截至目前，Wintermute 已售出 466,255 $LAPTOP（價值 208 萬美元），平均售價為 4.47 美元。

本週在 GG 上發生了不少事 👀 嚴格獵手抓到了一些相當厲害的跑分者，動態內容持續穩定推送，我們也在整個平台上持續交付更多產品改進。目前「Rewards（獎勵）」頁面已正式上線，圖表標記變得更好，已加入即時損益（Live PnL），價格檢查也能協助保護使用者避免受到不良的市場影響，而交易體驗也依舊越來越順暢。除此之外，GG 的玩家們也在抓一些像 $MEME、VOXEL、NUDES、SHROOM 等這類動作。 如果你一直在場邊觀望，那大概就是開始活躍起來的好時機。完成入金、交易你認同的論點、做完任務、發表你自己的判斷，並持續累積 ggPoints。GG 的點數那一塊也別錯過喔。你的活躍度會提升你的 ggScore，把你往排行榜推進，還可能解鎖平台更多的使用權限。 現在還早。仍在持續出貨。仍在追獵。 gg. xyz 🔥

~4,000 $BTC（~$320M）仍留在 Liquid Network 聯盟錢包中。自稱“白帽”的人表示有意在修復後歸還大部分。側鏈已暫停。關鍵數據和鏈上信息已在多份報道中得到確認。 #Liquid #Bitcoin #Macro Insights#

ZEC 正在領漲，而 $XRP 也再次顯現出強勢。

$ZEC 纔是真正的突破者。

它自多年來首次突破 $1,000，並在 9 月 6 日一度交易至接近 $1,200。此次上漲受到強勁的 ETF 需求、市場對隱私幣重新產生興趣、近期網絡升級以及大規模空頭擠壓的推動。

未平倉合約也攀升至歷史高位，顯示出交易者圍繞這波行情變得多麼激進。

對於 ZEC 來說，向上需要關注的關鍵位是 $1,200。守住 $1,000 以上將維持當前結構的強勢。

XRP 則是不同的走勢。

在 ETF 資金流入、監管樂觀情緒、巨鯨吸籌以及機構興趣回升的幫助下，它在 8 月下旬從約 $1 上漲至 $1.70。

目前價格約爲 $1.40，買盤正在捍衛 $1.35–$1.38 區域。若重新站回 $1.55–$1.68 上方，動能可能會迅速回歸。

那麼，山寨季終於開始了嗎？

市場正在展現出早期輪動跡象。

ZEC、XRP 以及其他少數山寨幣正吸引新的資金，而更廣泛的山寨幣市場也開始改善。

關鍵確認信號將來自比特幣主導率下降至 55% 附近、山寨幣季指數接近 75，以及強勢擴散到更多中市值和小市值幣種。

目前來看，這更像是由強敘事、ETF 和個別催化劑驅動的選擇性山寨輪動。

ZEC 正在領跑。

XRP 正在加入這波行情。

下一步要看的是市場其餘部分是否會跟上。
#Macro Insights# #Altcoin Season# #Zcash

在 gg. xyz 上叫過 $RAY，價格大約在 $0.70 左右。現在它在從那個區間暴漲近 90% 之後，交易在大約 $1.33。最初的論點很簡單：Raydium 的收入持續增長、進行回購並減少流通供應。價格終於追上了。只要這個論點繼續兌現，我仍然覺得這波行情還有更多空間。GG. #宏觀洞察# #山寨幣季#

我去，Loracle 剛又往他的空單里加了另一筆 4.36M 美元的 $PONS。
他現在的空單是 21.76M 美元的 $PONS，價值大約 2,050 萬美元，而且還在虧損 710 萬美元的未實現浮虧上。
他的 CASHCAT 持倉仍然沒有變化。

像兄弟……這些人到底從哪兒弄來錢，敢承擔這麼大的風險？#Macro Insights# #Altcoin Season#

我去，Loracle 剛又在他那邊加了另外 800 萬 $PONS 到他的倉位裏。
現在他的空倉/短倉是 1740 萬 $PONS，價值大約 1560 萬美元，而且在這個倉位上已經虧了 630 萬美元。

CASHCAT 的倉位仍然沒有變化。

兄弟……他們這些人到底從哪裏弄到錢，敢承擔這麼大的風險？#宏觀洞察# #山寨幣季# #

不可能吧，$ZEC 居然在 $1K 之上創出新高，並按市值反超狗狗幣，哈哈。現貨ETF 熱度拉滿，空頭被擠爆，隱私幣又開始復甦了…… 這一步操作簡直離譜。#宏觀洞察# #山寨幣季#