RAY Token Surges 8.8% After Upbit Listing, Hits $2.78 Peak Amid $15M Daily Volume

Raydium (RAY) experienced a significant price increase in the last 24 hours, primarily driven by its June 19, 2025 listing on Upbit, South Korea’s largest cryptocurrency exchange, which introduced new KRW and USDT trading pairs. This event led to a surge in trading activity, with daily volumes exceeding $15 million and a rapid price rally—RAY peaked at $2.78 shortly after the listing announcement before stabilizing. Whale activity was observed, with a large holder transferring 906,788 RAY (worth approximately $2.26 million) to Binance, likely for profit-taking, contributing to short-term volatility.

Currently, RAY is trading at $2.245 on Binance, up 8.82% over the past 24 hours from an open of $2.063, reflecting sustained elevated interest and liquidity following the Upbit listing and subsequent market activity.