Raydium

Today's state: Raydium is trading at $0.724000 with a $0.2 billion market capitalization (rank #187). The price moved +0.67% over the past 24 hours and is +14.21% over 7 days; the 30-day move stands at +13.44% and the 90-day at +17.15%.

Position vs cycle: The asset trades deep in the post-peak drawdown regime, more than 70% below its prior cycle high — typical of late-stage bear conditions or assets that have permanently re-rated lower.

Volatility and structure: 30-day realized volatility of 71.9% annualized is high for an asset this size. Our composite multi-horizon Price Strength reads Neutral (43/100), with the timeframes pulling in different directions and no clean directional read.

Looking past Bitcoin alone, how closely RAY tracks the next two biggest layer-1s over 90 days indicates whether it is mostly market beta or something more independent. The daily-log-return correlations:

• Bitcoin reference: +0.71 — a strong positive relationship.
• Ethereum reference: +0.73 — a strong positive relationship.
• Solana reference: +0.82 — a very strong positive relationship.

When an asset correlates strongly with multiple majors, it is trading largely as market beta — the big caps set the direction and standalone outperformance is elusive. Weak or negative correlations instead signal idiosyncratic forces (its own news, sector rotation, narrative changes) capable of producing returns the broader market does not share.

Raydium (RAY) is a cryptocurrency, traded on global digital-asset markets. It trades at $0.7240 as of the latest update, with a 24-hour move up 0.67%, placing it at rank #175 by market capitalisation among all listed digital assets. Raydium's current market cap stands at $194.98M, a figure used by traders, analysts and institutional desks to gauge relative liquidity and risk exposure across the crypto market.

On this page you'll find a live, daily-refreshed dashboard tracking Raydium across multiple data sources — price history going back several years, on-chain activity where available, fundamentals like circulating supply and dilution, top exchanges by volume, technical analysis using moving averages and RSI, and an algorithmic short, mid and long-term forecast. All figures are pulled from public APIs and cached locally; nothing here is investment advice.

Raydium is a digital asset that can be held in cryptocurrency wallets and traded on exchanges worldwide. Rather than assert a mechanism this token may not have, the analysis below focuses on its measurable market profile — price history, supply, liquidity and momentum.

By market value, Raydium sits at rank #187 — a mid-cap asset in the broad top 250. Only about 49% of the eventual RAY supply is circulating so far (269.31M of 555.00M), so future unlocks remain a meaningful dilution variable. It currently trades about 96% below its all-time high of $16.91 set in September 2021.

Raydium settles on a public blockchain, with ownership recorded against cryptographic addresses rather than personal identities. Its supply schedule and core parameters are defined in software and changed only by coordination among the people who run the network — there is no central operator.

By market value, Raydium sits at rank #187 — a mid-cap asset in the broad top 250. Only about 49% of the eventual RAY supply is circulating so far (269.31M of 555.00M), so future unlocks remain a meaningful dilution variable. It currently trades about 96% below its all-time high of $16.91 set in September 2021. Its fully-diluted valuation of $401.82M is about 2.1× the circulating market cap of $194.98M, a gap that signals issuance overhang to factor into any longer-term thesis.

Raydium is used for value transfer, on-chain settlement, and access to whatever application or ecosystem its protocol supports. Because utility varies widely across projects of this kind, the most reliable read on the asset is its market data — liquidity, supply dynamics, and price behaviour — shown elsewhere on this page.

Daily volume runs at about 7.5% of market capitalisation ($14.70M in the last 24 hours), in the normal band for a coin of this size and supportive of orderly entries and exits.

Raydium's tokenomics combine its supply schedule, current circulating supply, and the relationship between circulating market cap and fully-diluted valuation. Only 48.5% of maximum supply is currently circulating, meaning future emissions remain a meaningful source of structural sell pressure. Issuance velocity and unlock schedules become important variables in any longer-term thesis. The fully diluted valuation (FDV) of $0.4 billion stands at 2.1× the current circulating market cap of $0.2 billion. The wider this ratio, the more issuance overhang the asset faces — a structural headwind on valuation that mature assets like Bitcoin do not face but that early-cycle assets typically do.

Whether the tokenomics help or hurt comes down to value accrual versus dilution — fee burns, reinvested staking yield and TVL growth on one side, scheduled emissions on the other. A favourable balance lets price grind higher without hype; an unfavourable one means the asset must keep attracting demand just to absorb issuance.

The macro backdrop for crypto assets is dominated by the Federal Reserve's rate path, the trajectory of dollar liquidity, and the unwind (or non-unwind) of the post-2020 expansion in M2 money supply. Crypto — Bitcoin in particular — has historically responded most strongly to shifts in the global liquidity regime, with risk-on phases coinciding with falling real yields and a softening dollar, and risk-off phases the inverse.

The cross-asset relationships worth watching: the dollar index (DXY), historically inversely correlated with crypto over longer windows; the 10-year Treasury yield, a proxy for the cost of risk capital; gold, which sometimes shares a "monetary hedge" framing with Bitcoin during regime changes; and the S&P 500, which during liquidity-driven moves often rhymes with crypto despite the "uncorrelated" narrative.

Narrowing to Raydium, the cleanest leading signal has usually been crypto-native liquidity — the combined trend in stablecoin supply, futures open interest and exchange turnover. When that pool of on-chain capital grows, RAY has tended to advance with it; when it drains, the move has typically gone into reverse. Given the 90-day BTC correlation of +0.71, RAY's near-term macro sensitivity will be similar to Bitcoin's — driven primarily by the same liquidity conditions and risk-asset flows.

General crypto risks apply: high volatility (double-digit daily moves are common), regulatory uncertainty, exchange and custody risk, and project-specific execution risk. With a smaller or less-established asset, liquidity can be thin — meaning larger orders move the price more, and exits during stress can be costly. Size positions accordingly and never commit more than you can afford to lose.