Massive Raydium Crypto Price Jump Puts It Among Top Weekly Gainers

Key Insights: Raydium crypto price pulls off over 100% two-week gain, outperforming most top coins. RAY buybacks have reportedly pulled over 30% of the token’s circulating supply. Raydium launchpad integration with Stonkfun draws in heavy volume. Raydium crypto price has seen a strong bounce over the last two weeks, earning a spot among the best-performing cryptos. Its rally was backed by key developments, including the largest Raydium buybacks and aggressive token launches. For context, Raydium crypto price rallied as high as $1.79 on Friday. This was its highest price level since late November last year, marking its highest price point in 10 months. The RAY crypto price retreated to $1.60. It was sitting on more than 100% gains over the last 2 weeks and over 160% gains from its current 2026 bottom. Radium crypto price chart | Source: TradingView The Raydium-native token even outperformed most top coins, such as Bitcoin and Ethereum. It is worth noting that it was also heavily overbought after the recent rally and was already flashing signs of profit-taking. Raydium Crypto Price Rally Gains on Buybacks Onchain data reveals that the RAY crypto price performance was not a fluke but the culmination of some key developments. One of the most prominent reasons for the explosive price action was Raydium’s recent buybacks. The RAY token is a small-cap with about 269.7 million cryptocurrencies in circulation at press time. This was slightly lower than its total token supply of 555 million. Interestingly, the recent jump in the Raydium crypto price over the last 2 weeks may have been heavily influenced by a supply crunch. Raydium has a RAY buyback program fueled by its fees. The automated market maker has reportedly acquired over 30% of the total supply of RAY since late August. This represents a massive dip in supply, at a time when demand has been rising in the last 4 weeks. Raydium spent over $640,000 on RAY token buybacks on 9 September alone. This marked the highest daily buyback that the protocol has achieved in 19 months. Raydium Crypto Daily Bybacks | Source: Artemis Aside from a drop in circulating supply by over 30%, the token also experienced sizable demand over the last 2 weeks. Ray spot flows | Source: CryptoQuant The token saw the largest spike in spot inflows since late January. Moreover, those spikes were observed on multiple days. RAY Token Draws Heavy Demand After Raydium Integration with Stonkfun Raydium crypto price also tapped into organic demand courtesy of Stonkfun’s integration with the platform’s launchpad. But why does this matter? Stonkfun is one of the fastest-growing launchpads on Solana. One of the key reasons why it has been gaining popularity is the launch of new tokens paired with tokenized stocks.