Raydium (RAY) price surged to an 11-month high on Friday. This move was part of a 90% weekly rally, making it the second-strongest performer among the top 300 cryptocurrencies.
The RAY token from Raydium has experienced impressive gains approaching 9% during Thursday's trading session, building on a 41% upward movement that began over the weekend. Across the past seven days, the digital asset has appreciated by 96.5%, marking its most elevated valuation since the beginning of the year.
Raydium, the decentralized exchange built on Solana, and its native token RAY is seeing parabolic growth over the past week. At the time of writing, RAY is up around 27% over the past 24 hours and 105% over seven days.