Raydium Price Prediction: Raydium Pumps Past $7, Is $10 Incoming?
2025 has already kicked off with high activity in the Solana ecosystem, especially following the launches of two meme coins tied to US President Donald Trump and his wife, Melania.
These new tokens have sparked plenty of debate among traders, with some expecting them to fade quickly and others convinced they’re crucial to driving long-term growth for Solana. Amid this debate, trading volume has massively increased on decentralized exchanges (DEXs) and automated market makers (AMMs).
One of the biggest winners so far has been Raydium ($RAY), a well-known Solana-based AMM and token swap protocol.
RAY saw a nearly 40% jump in just the past week, mainly due to increased network volumes caused by meme coins like Official Trump ($TRUMP) and Official Melania Meme ($MELANIA).
As 2025 unfolds, many traders now wonder if the RAY token’s recent jump beyond $7 could continue to the $10 mark—a milestone that would have seemed exceptionally ambitious just a few months ago.
Meanwhile, another crypto platform token has also been gaining attention as Best Wallet recently launch its $BEST Token ICO, which has already raised nearly $8 million in its early presale stages.
Is RAY on Track for $10?
Following a quick pump in early November 2024, RAY began trading between $4 and $6.50 in a consistent sideways range. Even during last December’s market slump, when many altcoins lost a significant portion of their value, RAY managed to maintain its support at the $4 mark.
Things took an even more bullish turn when Raydium’s trading volumes surged after the TRUMP and MELANIA token launches. According to DeFi Llama, Raydium’s activity set a new weekly record of $42 billion in total volume, smashing its previous record of $27 billion from last November.
The RAY token then pushed upwards by over 40% during the past week, momentarily dipping only when short-term traders took profits.
If we look at the daily chart for RAY, we see that the token’s price hovered around $5 from the end of December into January. As the buying pressure started to mount, RAY’s mid-January rebound from the $4 support helped it break the $6 resistance and begin closing above $7.
Raydium also has a token buyback program to decrease RAY’s supply. It recently bought back 1.6 million tokens, pushing its total buyback tally above 55 million—nearly 10% of the token’s circulating supply.
From a technical standpoint, Raydium’s price chart supports continued bullish activity. For instance, RAY is still well above its 200-day EMA, showing a strong bullish edge in the market.
If buyers maintain their momentum, the next test will likely be pushing past $8. A successful close above that level could clear the path toward $10.
Popular crypto analyst Daniel Ramsey highlighted how RAY crossed out of a bullish flag pattern on the daily chart, and looks good to go “above 2 digits.”
#RAY crossed out of the bullish flag on daily timeframe👀
We are going above 2 digits✈️#Raydium $RAY pic.twitter.com/xzj4kL5PEA
— Daniel Ramsey (@ramseycrypto) January 18, 2025
Meanwhile, many investors are looking for opportunities beyond single-chain DEXs. Best Wallet is a contender attracting huge interest, mainly because of its multi-chain features and integrated DEX platform.
Could Best Wallet Token be a Stronger Multi-Chain Alternative?
Unlike Raydium, Best Wallet (powered by its new ecosystem token $BEST) provides cross-chain features for its users, including token swaps and a self-custodial wallet. It’s ideal for traders who prefer an all-in-one application, rather than moving across multiple wallets and DEXs.
You can access the Best DEX directly from the Best Wallet mobile app, with options to swap tokens across chains like Ethereum, BNB Smart Chain, and Polygon. Other networks are currently in the pipeline, including Solana and many more.
The Best Wallet ecosystem also features staking, secure crypto wallet storage for thousands of coins across over 60 chains, access to token presales, iGaming, and more.
The utility token powering these features is called BEST, and provides additional benefits like governance votes, lower transaction fees, higher staking rewards, iGaming extras, airdrops, and exclusive early presale access for BEST holders only.
Another feature that has attracted many traders is Best Wallet’s “Upcoming Tokens” section. Crypto projects can explode in value overnight, and spotting the best picks early is crucial for riding the bull runs. The Upcoming Tokens tool highlights brand-new tokens with high upside potential that are still in their early stages; recent examples include Pepe Unchained and Catslap, which quickly pumped after their initial listings.
The Best Wallet Token is still in its ICO stage, and the presale has raised nearly $8 million from early supporters. The token currently sells for $0.023675, which should seem like a huge discount in hindsight when BEST becomes available for trading on major exchanges.
