Raydium Price Prediction 2025: RAY Expected to Face Future Struggle
What's next for Raydium? | Credit: Hameem Sarwar/CCN
- Raydium’s RAY token has been on a roll lately.
- RAY supports the Raydium Automated Market Maker.
- Our Raydium price prediction suggests RAY could fall to $1.32 next year
The Raydium Automated Market Maker (AMM) got the attention of many people in late October 2024 when its RAY token shot up more than 15% in one day following an upgrade . The interest continued into November, pushing RAY even higher and putting Raydium into the top five Solana decentralized finance (DeFi) protocols.
On Nov. 12, 2024, RAY was worth about $4.65.
Let’s examine our Raydium price predictions, made on Nov. 12, 2024. We will also examine the Raydium price history and discuss what Raydium is and does.
Raydium Price Prediction
Let’s look at CCN’s RAY price prediction on Nov. 12. We will use the wave count method to arrive at our predictions and add and subtract 20% to arrive at the minimum and maximum price predictions.
| Minimum RAY Price Prediction | Average RAY Price Prediction | Maximum RAY Price Prediction | |
|---|---|---|---|
| 2024 | $5.20 | $8.50 | $11.80 |
| 2025 | $1.32 | $1.65 | $1.98 |
| 2030 | $1.70 | $2.15 | $2.60 |
The most likely wave count suggests that RAY started a five-wave upward movement in January 2023. If so, it is currently in this increase’s fifth and final wave.
If wave five has the same length as wave one, the price will reach a high of $8. This is close to the 0.5 Fibonacci and horizontal resistance area at $8.90.
Based on the length of the previous waves, RAY can reach a high in December 2024.
Afterward, RAY can begin an A-B-C corrective structure with the same length as the upward movement.
During these projected upward and downward movements, the wave count method gives targets of $8.50 and $1.65 for the end of 2024 and 2025, respectively.
Finally, we can use the daily rate of decrease since launch to make a RAY price prediction for the end of 2030. Since its launch, RAY has fallen 30% for a daily rate of 0.022%. Projecting this rate of decrease until the end of 2030 leads to a Raydium price prediction of $2.15.
Raydium Price Prediction for 2024
The wave count method predicts a RAY price range of $5.20 to $11.80 by the end of 2024.
Raydium Price Prediction for 2025
The wave count method gives a RAY price prediction range of $1.32 to $1.98 for the end of 2025.
Raydium Price Prediction for 2030
Using the daily rate of decrease, we arrive at a RAY price prediction range between $1.70 and $2.60 for the end of 2030.
Raydium Price Analysis
The daily time frame RAY chart shows the price starting a five-wave increase in August. If the count is accurate, RAY has reached the top of wave three in this five-wave increase.
The price has nearly reached the 0.382 Fibonacci retracement support level, so depending on its shape, the bottom of wave four may be in.
Once wave four is over, the price could begin the fifth and final wave toward the next resistance at $8-9.
Short-Term Raydium Price Prediction
The Raydium price prediction for the next 24 hours is bearish. The price has likely completed wave three in a five-wave upward movement and is correcting inside wave four.
The upward movement will resume once the correction is complete.
Raydium Average True Range (ATR): RAY Volatility
The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days. A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility. Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.
On Nov. 12, 2024, Raydium’s ATR was 0.395, suggesting relatively high volatility.
Raydium Relative Strength Index (RSI): Is RAY Overbought or Oversold?
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above 70 and below 30 show over and undervaluation, respectively. Movements above and below the 50 line also indicate if the trend is bullish or bearish.
On November 12, 2024, the Raydium RSI was 41, indicating bearish conditions.
Raydium Market Cap to TVL Ratio
The Total Value Locked (TVL) to market cap ratio (TVL ratio) measures the valuation of a decentralized finance (DeFi) project by comparing its market capitalization to the total value of assets locked in its smart contracts. This ratio shows the project’s utilization and links the platform’s health to locked asset value.
A ratio above 1.0 indicates overvaluation because the market cap exceeds the value of assets used in the platform. A ratio below 1.0 indicates undervaluation because the market cap is lower than the value of locked assets.
On Nov. 12, 2024, the Raydium TVL ratio was 0.66, suggesting undervaluation.
Raydium and the CCN Index
The CCN Index uses a range of indicators to measure a cryptocurrency’s price momentum.
On Nov. 12, 2024, RAY scored 72.2 on the CCN Index, suggesting strong price momentum.
Raydium Price Performance Comparisons
Raydium is an Automated Market Maker (AMM) token based on the Solana blockchain. Let’s compare it to SOL and a couple of other AMM-related tokens over the last 12 months.
RAY Price History
Let’s now examine some of the key dates in the Raydium price history . While past performance should never be taken as an indicator of future results, knowing what the token has done in the past can give us some much-needed context when making or interpreting a RAY price prediction.
| Time period | Raydium price |
|---|---|
| Last week (Nov. 5 2024) | $3.41 |
| Last month (Oct. 12, 2024) | $1.81 |
| Three months ago (Aug. 12, 2024) | $1.90 |
| Last year (Nov. 12, 2024) | $0.4253 |
| Launch price (Feb. 22, 2021) | $7.24 |
| All-time high (Sept. 12, 2021) | $16.93 |
| All-time low (Dec. 29, 2022) | $0.1343 |
Raydium Market Cap
The market capitalization, or market cap, is the sum of the total number of RAY in circulation multiplied by its price.
On Nov. 12, 2024, Raydium’s market cap was $1.22 billion, making it the 67th-largest crypto by that metric.
Who Owns the Most Raydium?
On Nov. 12, 2024, one wallet held more than 80% of the Raydium supply.
Richest RAY Wallet Addresses
As of Nov. 12, 2024, the five wallets with the most Raydium were:
- 0xeae57ce9cc1984f202e15e038b964bb8bdf7229a. This wallet held 9,039,584 RAY, or 82.18% of the supply.
- 0xde9a61c2b776e2f4c6ddb0c9ad5ccfcfc15b0a9b. This wallet held 1,623,879 RAY, or 14.76% of the supply.
- 0x468db4c784f0972e32e804acc5caed304f8ab407. This wallet held 141,584 RAY, or 1.29% of the supply.
- 0xd1a6763640915d25d9c153064c360b406f18aacc. This wallet held 14,812 RAY, or 0.13% of the supply.
- 0x44bdb19db1cd29d546597af7dc0549e7f6f9e480. This wallet held 12,764 RAY or 0.12% of the supply.
Raydium Supply and Distribution
| Supply and Distribution | Figures |
|---|---|
| Total supply | 554,999,196 |
| Circulating supply as of Nov. 12, 2024 | 264,060,322 (47.57% of total supply) |
| Holder distribution | Top 10 holders owned 98.69% of the supply as of Nov. 12, 2024 |
From the Raydium Whitepaper
In its technical documentation or whitepaper , Raydium describes itself as the first hybrid Automated Market Maker (AMM).
It says: “Other AMM DEXs and DeFi protocols could only access liquidity within their own pools and had no access to a central order book. Raydium’s novel AMM was able to share idle pool liquidity to central limit order books following the constant product formula. Raydium’s hybrid AMM pools are currently set to Swap Only, which means liquidity is not being shared to a third party.”
What is Raydium?
Raydium is an Automated Market Maker (AMM) that works with the Serum decentralized exchange (DEX) on the Solana (SOL) blockchain. It lets people trade automatically by using liquidity pools.
Its native RAY token supports Raydium. Because RAY is based on Solana, it is a token, not a coin. You might see references to Raydium coin price predictions, but these are wrong.
How Raydium Works
RAY helps pay for transactions on Raydium. It can be staked or set aside in return for rewards, and people can buy, sell, and trade it on exchanges.
Is Raydium a Good Investment?
It is hard to say right now. Although RAY has shot up recently, a big part of that is because the crypto market has been doing well. It remains to be seen what will happen once things cool off.
Will Raydium Go Up or Down?
No one can really tell right now. While the Raydium crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind that prices can and do go down and up.
Should I Invest in Raydium?
Before you decide whether or not to invest in Raydium, you will have to do your own research, not only on RAY but other related coins and tokens such as Kaspa (KAS). Either way, you must also ensure you never invest more money than you can afford to lose.
Technical analysis by Valdrin Tahiri
FAQs
It is possible that RAY could, potentially, hit double figures by the end of 2024. However, even the most optimistic of our Raydium price predictions suggests that it will fall in 2025. RAY supports the Raydium Automated Market Maker (AMM). People can also buy, sell, and trade it on exchanges.Will Raydium reach $10?
What is Raydium used for?
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