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Why did $RAY surge?
The Solana ecosystem has recently seen a strong recovery, with the total value locked in DeFi soaring, driving a widespread increase in ecosystem tokens.
RAY, as the core governance token of the Serum protocol, has optimized the underlying protocol on the technical side, supporting high-frequency trading with low Gas scenarios. At the same time, it has collaborated deeply with NFT and GameFi projects on the Solana chain, resulting in significant ecological synergy.
In terms of market sentiment, institutions like Jump Trading continue to increase their investments in the Solana ecosystem. Combined with the upgrade of RAY staking rewards and the deflationary model releasing scarcity expectations, funds are accelerating their influx.
In the short term, RAY may become a key hub for value capture in the Solana ecosystem. If cross-chain bridging capabilities are realized in the future, the potential will further expand.
Can RAY still enter the market now? I will announce the specifics in the community!
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