Raydium rallies 12% as earnings hit yearly high – RAYs next move depends on THIS
Raydium [RAY] has continued to pull one of the strongest moves in the market, with gains that have seen it surge by a double-digit percentage of 12%, according to CoinMarketCap. RAY‘s gains have closely followed the protocol’s performance in terms of Earnings and utility. The Earnings data, which measures the Gross Profit from the incentives paid out, shows that the protocol has generated roughly $3.87 million so far in September, marking its highest gain in a year, a level it last saw in September 2025. The gain comes as its total reaches $23.26 million. Source: DeFiLlama One of the major influencing factors that has pushed the asset to this level has been the growth in LaunchLab, the infrastructure that enables the launch of tokens on Raydium, with Stonk.fun being a major platform. DeFiLlama data shows that roughly $2.64 million has funded RAY Buybacks in the market, with LaunchLab contributing 25% of the capital. When the protocol has a strong performance at this level, it adds to the overall sentiment in the market, contributing to the asset performing decently in the near term. Discover more Compare Exchange Rates Open Trading Account FINANCE Spot selling puts RAY under pressure Investors in the market are taking advantage of the rally, with data from









