Raydium price forecast: Raydium Pumps is over $7, is it a $10 input?
High activity in the Solana ecosystem has begun in 2025, especially after two meme coins tied to U.S. President Donald Trump and his wife Melania.
These new tokens have sparked debate among traders, some hope they will disappear quickly, while others believe this is crucial to driving Solana’s long-term growth. In this debate, trading volumes have increased significantly on decentralized exchanges (DEXs) and automated market makers (AMMS).
By far, one of the biggest winners is Raydium ($Ray), the famous Solana AMM and token exchange protocol.
Ray has only seen nearly 40% growth in the past week, mainly due to the increase in network volume caused by meme coins such as Trump Official ($trump) and Melania Official Meme ($Melania).
As 2025 unfolds, many traders are now wondering if Ray Token’s recent gains exceed $7 and can continue to reach $10, a milestone that seemed unusually ambitious a few months ago.
At the same time, another encryption platform token has also attracted people’s attention. The Best Token ICO was launched recentlyhas raised nearly $8 million in its early pre-sale phase.
Is Ray on track for $10?
After the rapid pumping was carried out in early November 2024, Ray started trading between $4 and $6.50 in a consistent side range. Even during the market recession last December, when many altcoins lost a large portion of their value, Ray managed to keep their support at $4.
When Raydium trade volume surged, the situation took a bigger view after the launch of the Melania and Melania tokens. According to Defi Llama, Raydium’s event sets a new record of $42 billion per weekBeating its previous record of $27 billion since November last year.
Ray tokens have subsequently increased by more than 40% over the past week, only temporarily falling when short-term traders make profits.
If we look at Ray’s daily chart, we’ll see that the price of tokens hovers around $5 from the end of December to January. As buying pressure begins to grow, Ray’s mid-January rebound from $4 support helped it break the $6 resistance and start closing above $7.
Raydium also has a token repurchase plan to reduce Ray’s supply. recent 1.6 million tokens were repurchased, pushing its total repurchases by 55 million– Almost 10% of the supply of tokens.
From a technical point of view, Raydium’s price chart supports continued bullish activity. For example, Thunder is still well above its 200-day EMA, showing a strong bullish advantage in the market.
If buyers keep the momentum, the next test could be over $8. Successful approaches above this level can clear the road to $10.
Popular crypto analyst Daniel Ramsey highlights how Ray gets rid of bullish flag patterns on the daily chart, which looks great and can “over 2 digits.”
#ray Overturning bullish flags on daily schedule 👀
We want to exceed 2 digits✈️#raydium $ ray pic.twitter.com/xzj4kl5pea
— Daniel Ramsey (@ramseycrypto) January 18, 2025
Meanwhile, many investors are looking for opportunities outside single-chain DEX. The best wallet is a competitor that attracts huge interest, mainly because of its multi-chain capabilities and integrated DEX platform.
Can the best wallet tokens become a stronger multi-chain option?
Unlike Raydium, The best wallet (BEST, its new ecosystem token, provides users with cross-chain capabilities, including token swaps and self-monitored wallets. It is ideal for traders who prefer all-in-one apps, rather than moving across multiple wallets and DEXs.
You can access the best DEX directly from the best wallet mobile app and have the option of chain exchange tokens like Ethereum, BNB Smart Chain and Polygon. Other networks are currently in the channel, including Solana, etc.
The best wallet ecosystem also has stacked, secure crypto wallet storage that can use thousands of coins in over 60 chains, pre-sale of access tokens, igaming, and more.
Utility tokens that power these features are called Best and offer only the best holdings such as governance tickets, lower transaction fees, higher points rewards, iGaming Extras, airdrops, airdrops and exclusive early pre-sales for Best Holdings only Someone provided.
https://www.youtube.com/watch?v=mwq7spvqcfa
Another feature that attracts many traders is the “Upcoming Token” section of the Best Wallet. Crypto projects can explode overnight value, and finding the best draft picks early is essential for running on the Bulls. The upcoming token tool highlights that brand new tokens with high upward potential are still in their early stages. Recent examples include Pepe Unchained and Catslap, which are quickly drawn after the initial list.
The best wallet tokens are still on the ICO stage, with pre-sales already raising nearly $8 million from early supporters. The token currently sells for $0.023675, which seems like a huge discount when it is possible to trade in large transactions in the best deals.
Visit the best wallet token pre-sale
