Raydium ($RAY) Posts $40B Month; $5.7M Buybacks Tighten Supply – $5 Incoming?

Raydium ($RAY) has maintained a breakout above $3.59 following strong volume, bullish technicals, and substantial protocol buybacks. With Solana’s DeFi activity increasing and upgrades ahead, the AMM’s liquidity depth and trading performance have reinforced its position despite active competition.