$RAY

Raydium’s RAY was listed on exchange (South Korea’s largest exchange) on June 19, 2025, enabling RAY/KRW and RAY/USDT trading pairs. This grants RAY direct exposure to exchanges  $1.2B daily volume and Korea’s retail-heavy market, where altcoin listings often trigger short-term buying frenzies. The announcement drove RAY’s 24-hour volume up 675% to $419M, with Korean traders historically favoring high-beta DeFi tokens during market rebounds

Raydium’s protocol allocates 12% of fees to RAY repurchases, reducing circulating supply. While buybacks began in Q1 2025, their visibility surged post-exchange listing, creating a “halo effect” of perceived scarcity

Exchanges upcoming Solana-based DEX Byreal (testnet June 30) and Jito’s 10% rally amplified interest in SOL ecosystem tokens. RAY’s role as Solana’s largest AMM (29% DEX market share) positions it as a liquidity gateway for new projects