Raydium (RAY) is a cryptocurrency and operates on the Solana platform. Raydium has a current supply of 554,998,978.700393 with 290,813,642.067802 in circulation. The last known price of Raydium is 2.22440986 USD and is up 3.08 over the last 24 hours. It is currently trading on 449 active market(s) with $81,508,662.09 traded over the last 24 hours. More information can be found at https://raydium.io/#/.
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Raydium's LaunchLab enabled the creation of 3,760 new tokens in its first week, but with only a 1.12% graduation rate, Pump.fun still leads Solana's token launches, commanding over 60% of daily creations. The post Raydium's LaunchLab With 3.7K New Tokens Since Launch, But PumpFun Still Dominates Solana appeared first on Cryptonews.
Solana (SOL) and Raydium (RAY) have jumped in the past 24 hours after the decentralized exchange launched a new tool called LaunchLab that competes directly with its former partner, Pump.fun.In late March, Pump.fun launched an automated market maker (AMM) and broke up with Raydium after collaborating for many months. Introducing LaunchLab, Raydium's all-in-one token launchpad.