RAY price today and market context
| Metric | Value | |
|---|---|---|
| Price | $1.94 | |
| Market cap | $524.01M | |
| Rank | #154 | |
| Circulating supply | 269,963,573 RAY | |
| Max supply | 555,000,000 RAY | |
| 1h change | -0.29% | |
| 24h change | +7.76% | |
| 7d change | -20.07% | |
| 30d change | +0.00% |
The all-time high is $16.83, reached on September 12, 2021, per its all-time high is $16.83, reached on Sep 12, 2021. The current price is 88.47% below that level.
Raydium (RAY) has lost ground over the past week after a rally into early October. The 7d low and high were $1.84 and $2.52, so the token sits in the lower part of its recent band. Demand for Raydium's core activity has held up better than the price. As of Oct 17, 2026, Raydium has $1.185b in total value locked, and TVL has increased 6.5% over the past 30 days. Raydium runs on Solana, where Solana holds the largest share at 100%, so RAY remains tied to Solana's DEX volumes. Roughly 48.6% of the maximum supply is in circulation, so ongoing emissions are a structural overhang on price.
Raydium price prediction 2026
Expected trading range for the rest of 2026: low $1.60, average $1.95, high $2.55.
Support and resistance
- Support at $1.84, the recent low that also marks the 30-day low.
- Support at $1.60, a level that would require a break of the current range and a weaker Solana DEX volume backdrop.
- Resistance at $2.07, the 30-day high.
- Resistance at $2.52 to $2.54, the early-October high zone. A close above this band would be the main signal that the range is shifting higher.
Assumptions
- Cycle position: RAY is in a post-peak consolidation after a 2026 rally, with price still roughly 88% below its 2021 peak. Reclaiming the upper band would need a broader altcoin recovery.
- Flows: Solana DEX volume and Raydium TVL are the main inputs. TVL of $1.185B is well below the $2.969B peak of January 2025, so there is room for growth if activity returns.
- Supply: about 285M RAY remain outside circulation, so new unlocks cap the upside unless buyback or demand growth absorbs them.
- Macro: a risk-off move in crypto would likely test the $1.84 support; a risk-on move would be needed to reach $2.55.
At $1.60, the implied market cap would be about $432M. At $2.55, it would be about $688M.
Raydium price prediction 2027
- Low: $1.20. Solana activity slows and TVL stays near current levels. Market cap would be about $324M.
- Average: $2.40. Raydium's volume recovers in line with a moderate Solana growth cycle. Market cap would be about $648M.
- High: $4.00. A full altcoin bull market lifts DEX activity and new Solana liquidity programmes gain traction. Market cap would be about $1.08B, slightly above the current market cap of Jupiter (JUP) at $978.38M.
Raydium price prediction 2028-2029
- Low: $1.00. A prolonged bear market and continued token emissions keep RAY near its 2026 lows.
- Average: $3.00. Raydium's TVL returns toward its 2024 level of $2.093B (the year-end figure), which supports a higher valuation multiple.
- High: $6.00. Solana DEX volumes expand substantially and RAY's share of Solana trading grows. At this price, the fully diluted valuation on 555M tokens would be about $3.33B.
Raydium price prediction 2030
- Low: $0.90. Competition from other Solana DEXs erodes Raydium's share and emissions dominate. Market cap would be about $243M on circulating supply.
- Average: $4.00. Raydium grows alongside Solana's DEX market. Fully diluted market cap would be about $2.22B.
- High: $8.00. Raydium reaches a valuation that is close to half its 2021 peak in price terms. The implied fully diluted market cap at $8.00 would be about $4.44B, roughly 4.5 times Jupiter's current market cap of $978.38M. For comparison, the peak price of $16.83 implies a fully diluted value of about $9.34B.
RAY price prediction table
| Year | Low | Average | High | Key assumption | |
|---|---|---|---|---|---|
| 2026 | $1.60 | $1.95 | $2.55 | Consolidation between $1.84 support and $2.52 resistance | |
| 2027 | $1.20 | $2.40 | $4.00 | Moderate Solana DEX growth; high case needs a full altcoin bull market | |
| 2028-2029 | $1.00 | $3.00 | $6.00 | TVL returns toward $2B+; emissions continue | |
| 2030 | $0.90 | $4.00 | $8.00 | Solana DEX share holds; high case implies about $4.44B fully diluted value |
What analysts and institutions forecast
Published RAY forecasts come mainly from prediction platforms and crypto media rather than banks or research desks, and they range widely.
- Coindataflow (September 16, 2026): As of September 16, 2026, the overall price prediction sentiment for Raydium is BEARISH. Its 2026 range is $0.65 to $1.28, and its 2030 range is $1.98 to $9.07.
- CoinPedia, as reproduced by EdaFace (September 9, 2026): 2026 · $0.72 · $2.117 · $4.10 (low, average, high). Its 2030 high is $39.87.
- Changelly (undated): Business analysts predict that RAY might reach the maximum price of $7.74 by 2030.
- LBank (undated): Its FAQ projects that by 2030, Raydium could see substantial appreciation, potentially trading in the range of $8-$15.
- 99bitcoins (undated): Its table shows 2030 | $10 – $15.
- Priceprediction.net (undated): Its 2030 average is $7.68, with a high of $8.61.
- DigitalCoinPrice (as listed in EdaFace, September 9, 2026): a 2030 high of $11.97.
- Wallet Investor (as listed in EdaFace, September 9, 2026): a 2030 high of $12.43.
Why the forecasts disagree: The Coindataflow forecast is anchored to a bearish technical read and projects a 2026 high near $1.28. The CoinPedia and Wallet Investor figures assume a sharper rebound in Solana activity. The long-term forecasts above $8 mostly assume a return toward the 2021 cycle, which would require Raydium's market cap to exceed the current Jupiter valuation by several times. Most of the forecasts are undated or lack a clear methodology, so they should be read as a range of views rather than a consensus.
Bull, base and bear scenarios
Bull case
- Drivers: a full altcoin cycle, a rise in Solana DEX volume, and Raydium's TVL returning above $2B.
- Price implication: about $4.00 in 2027 and $8.00 in 2030.
- Implied 2030 fully diluted market cap: about $4.44B, roughly 4.5 times the current market cap of Jupiter at $978.38M. This is the most stretched of the three cases.
Base case
- Drivers: moderate Solana growth, steady DEX volumes, and continued token emissions.
- Price implication: about $2.40 in 2027 and $4.00 in 2030.
- Implied 2030 fully diluted market cap: about $2.22B, roughly 2.3 times Jupiter's current market cap.
Bear case
- Drivers: Solana DEX competition, falling volumes, and a prolonged crypto downturn.
- Price implication: about $1.20 in 2027 and $0.90 in 2030.
- Implied 2030 market cap: about $243M on circulating supply, or about $500M fully diluted. The fully diluted figure is roughly equal to Raydium's current market cap of $524.01M, and about half of Jupiter's current market cap.
Catalysts and risks
Upside catalysts
- A sustained rise in Solana DEX volume that lifts Raydium's trading fees and TVL.
- A break above $2.52 to $2.54, which would reopen the early-October high.
- A broader altcoin recovery that brings capital back into mid-cap DeFi tokens.
Downside risks
- A close below $1.84 would expose the next support near $1.60.
- Continued token unlocks, since about 285M RAY remain outside circulation.
- Competition from other Solana DEXs, which could reduce Raydium's share of volume.
- A risk-off move across crypto, which has historically hit mid-cap tokens harder than Bitcoin.
Bottom line
The 2026 range of $1.60 to $2.55 reflects the current consolidation between $1.84 and $2.52. A move toward the high would need Solana DEX activity to rise and RAY to close above its early-October high. Reaching the 2027 to 2030 averages of $2.40 and $4.00 would depend on Raydium's TVL and volumes recovering toward their 2024 levels. A move toward the low would require a deeper crypto downturn and continued token emissions, with prices testing $1.20 or lower.