Raydium LaunchLab Spurs Significant Token Growth Post-Pump.fun Split – Coincu
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Key Points: Raydium’s LaunchLab leads to creation of over 10,000 tokens in ten days. RAY token price rises 8-14% following the LaunchLab announcement. LaunchLab’s success suggests a strategic market realignment in Solana’s ecosystem. Raydium’s LaunchLab was launched on April 16, 2025, solidifying Raydium’s role in Solana’s token landscape. Over 10,000 tokens were created within ten days, encouraging robust community interest. Raydium’s LaunchLab is pivotal for countering Pump.fun’s market presence, aiming for a feature-rich token ecosystem. RAY tokenholders benefit from its trading fee structure, fostering a new phase in platform rivalry. Raydium LaunchLab Spurs Creation of Over 10,000 Tokens Raydium’s LaunchLab was launched on April 16, 2025, solidifying Raydium’s role in Solana’s token landscape. Over 10,000 tokens were created within ten days, encouraging robust community interest. Raydium’s LaunchLab is pivotal for countering Pump.fun’s market presence, aiming for a feature-rich token ecosystem. RAY tokenholders benefit from its trading fee structure, fostering a new phase in platform rivalry. Community reaction has been predominantly positive, with notable engagement in token launches. The Raydium team has emphasized innovative features for token creators, although no official leadership statements were made at the launch. RAY Token Jumps 8-14% Following LaunchLab Announcement Did you know? Raydium’s push with LaunchLab comes after breaking with Pump.fun, which ceased routing liquidity to Raydium after March 2025, reshaping Solana’s competitive dynamics. According to CoinMarketCap, Raydium (RAY) is trading at $2.89, with a market cap near $838.67 million and a daily trading volume of $105.44 million. Significant market fluctuations include a 6.95% rise in the past 24 hours and a 43.44% increase over 30 days. Raydium(RAY), daily chart, screenshot on CoinMarketCap at 09:19 UTC on April 26, 2025. Source: CoinMarketCap Raydium’s advances reflect strategic market alignment, despite lacking specific institutional funding or regulatory commentary. The Coincu research team suggests further adoption may rely…
Filed under: News - @ April 26, 2025 9:26 am