coin-img-ETHETH-0.90%coin-img-SOLSOL-3.07%coin-img-BTCBTC-1.04%coin-img-XRPXRP-2.76%coin-img-USDCUSDC+0.03%coin-img-NEARNEAR+0.51%coin-img-HYPEHYPE-3.59%coin-img-DOGEDOGE-1.82%coin-img-ETHETH-0.90%coin-img-SOLSOL-3.07%coin-img-BTCBTC-1.04%coin-img-XRPXRP-2.76%coin-img-USDCUSDC+0.03%coin-img-NEARNEAR+0.51%coin-img-HYPEHYPE-3.59%coin-img-DOGEDOGE-1.82%coin-img-ETHETH-0.90%coin-img-SOLSOL-3.07%coin-img-BTCBTC-1.04%coin-img-XRPXRP-2.76%coin-img-USDCUSDC+0.03%coin-img-NEARNEAR+0.51%coin-img-HYPEHYPE-3.59%coin-img-DOGEDOGE-1.82%coin-img-ETHETH-0.90%coin-img-SOLSOL-3.07%coin-img-BTCBTC-1.04%coin-img-XRPXRP-2.76%coin-img-USDCUSDC+0.03%coin-img-NEARNEAR+0.51%coin-img-HYPEHYPE-3.59%coin-img-DOGEDOGE-1.82%
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Arnne Carragie

Why is Raydium (RAY) up 12.53% Today, October 8, 2026? Stronger Fees and Tokenized Stock Trading Lift RAY

AI Market Summary
RAY’s 12.53% jump alongside ~34% volume-to-market-cap turnover signals strong participation, supported by improved fundamentals: reported Q3 fees rising to $57.1m, ongoing buybacks (4.58m RAY to the buyback wallet), and Solana Foundation commentary pointing to $1.8b of September xStocks volume routed through Raydium. Near-term focus remains on whether elevated activity sustains after the spike.
Impact level
● Medium
Affected assets
RAY/USDT-3.88%
AI Insight · RAY/USDTAI Insight
▲ Bullish
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⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Raydium gained 12.53% in 24 hours as turnover reached USD 223,721,475. Technical momentum, volume and the key daily-close levels frame the next move.
RAY
RAY-3.80%
SOL
SOL-3.07%
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