What is RAY crypto market overview: price, market cap rank #136, and 24-hour trading volume

RAY Market Cap Rank #136 with $303.46M valuation and 268.53M circulating supply

Raydium holds a significant position in the broader cryptocurrency market landscape with its ranking at number 136 by market capitalization. This standing reflects the protocol's established presence within the decentralized finance ecosystem. The project's market cap valuation of $303.46 million demonstrates substantial investor confidence in the Solana-based automated market maker infrastructure. With 268.53 million tokens in circulation against a maximum supply of 555 million, RAY's circulating supply represents approximately 48.4% of its fully diluted valuation, indicating a healthy distribution model. This market cap rank places Raydium among the more prominent players in the DEX and liquidity provision space, positioning it distinctly within the mid-tier cryptocurrency projects. The relationship between Raydium's market cap and its circulating supply creates a valuation framework that reflects both current market demand and future dilution potential, making these metrics essential for evaluating the protocol's market dynamics and long-term sustainability.

24-hour price volatility: trading between $1.1069 and $1.2473 with -0.12% decline

RAY's 24-hour price movement reflects the typical volatility characteristic of mid-cap altcoins in the current market environment. Over the past 24 hours, the cryptocurrency experienced a notable trading range between $1.1069 and $1.2473, representing a substantial bandwidth of approximately 12.6% between its daily lows and highs. Despite this oscillation within its daily corridor, RAY concluded the period with a -0.12% decline, indicating that buyers and sellers remained relatively balanced, with modest selling pressure ultimately prevailing.

This trading pattern reveals important market dynamics for RAY price observers. The lower boundary of $1.1069 served as a critical support level, preventing further downside penetration during intraday weakness. Conversely, the $1.2473 resistance represented a key barrier that sellers successfully defended, restricting upward momentum despite potential buying interest. The containment within this relatively tight range suggests consolidation behavior, where traders are cautious about committing significant capital in either direction.

The modest negative close, despite the daily trading range spanning over 1,100 basis points, underscores the equilibrium between bullish and bearish forces. Such balanced volatility often precedes directional breakouts, making this consolidation period strategically important for both short-term traders monitoring support-resistance dynamics and longer-term investors assessing market sentiment. The current price action provides valuable context for understanding RAY's broader market positioning and potential near-term trading opportunities.

Trading volume and liquidity metrics across major exchanges including gate

RAY demonstrates moderate trading volume on the crypto market, with 24-hour trading volume reaching approximately $6.7 million. This volume metric serves as a critical indicator of market activity and reflects the health of trading ecosystems where RAY is listed. Understanding trading volume across platforms provides traders with insights into market depth and the ease of executing positions without significantly impacting price.

Liquidity metrics extend beyond simple volume figures to encompass several interconnected factors that determine market accessibility. Platforms like gate employ comprehensive evaluation frameworks that examine trading activity patterns, order book spread measurements, and overall market responsiveness. gate, established in 2013 as a mature cryptocurrency exchange, maintains a Trust Score of 3.5 according to CoinGecko's assessment methodology, which evaluates the legitimacy of an exchange's trading volume reporting and market conditions.

Market depth—a key component of liquidity metrics—reflects the quantity of buy and sell orders available at different price levels on various exchanges. This depth directly influences how traders can enter and exit RAY positions efficiently. Comparing liquidity metrics across major platforms helps investors identify optimal venues for their trading strategies, considering both trading volume consistency and execution quality available on each exchange.

FAQ

What is RAY coin and what is its practical use?

RAY is a digital currency built on the Solana blockchain, primarily used for paying transaction fees and participating in governance decisions on the Raydium decentralized exchange platform. It enables users to manage liquidity pools and earn rewards.

What is the current price of RAY? Why is its market rank #136?

RAY's current price reflects its market position at rank #136, determined by market capitalization and trading volume. The ranking indicates RAY maintains steady market presence within the broader cryptocurrency ecosystem, influenced by liquidity, adoption, and overall market dynamics.

What is RAY's 24-hour trading volume and liquidity like?

RAY's 24-hour trading volume is $11,252,537, demonstrating solid liquidity. Strong trading activity ensures efficient price discovery and easy entry/exit for traders across the market.

How to buy and trade RAY coins? Which exchanges are supported?

To buy and trade RAY coins, choose reputable exchanges with good liquidity and user experience. Complete identity verification on your chosen platform, then deposit funds and place buy or sell orders. RAY is available on major crypto exchanges globally.

What is the total supply of RAY coin and what is its inflation mechanism?

RAY has a maximum total supply of 555 million tokens. The inflation mechanism is controlled through reward mechanisms that incentivize liquidity providers and farming participants within the Raydium ecosystem.

What are the risks of investing in RAY coin and what is its future prospect?

RAY faces market volatility and regulatory uncertainties as primary risks. However, with growing adoption in decentralized finance and strong community support, RAY shows potential for significant long-term growth. Price could reach higher levels as the ecosystem expands and utility increases.