在高張力下面對市場校正

自2025年5月初以來，Raydium的Ray Token經歷了顯著下降。該數字資產的價格在2.35美元至2.90美元之間波動。

Since early May 2025, the RAY token of Raydium has experienced a significant drop. The price of this digital asset fluctuates between $2.35 and $2.90.

自2025年5月初以來，Raydium的Ray Token經歷了顯著下降。該數字資產的價格在2.35美元至2.90美元之間波動。

Historically, Raydium reached an all-time high (ATH) of $16.24. A summit that now seems distant! The recent 22% drop observed in February marks a psychological turning point for many crypto investors. It highlights the market’s sensitivity to announcements and competitive developments.

從歷史上看，Raydium達到了16.24美元的歷史最高水平（ATH）。現在似乎很遙遠的峰會！最近在2月觀察到的22％下降標誌著許多加密投資者的心理轉折點。它突出了市場對公告和競爭發展的敏感性。

Despite an annual increase of over 60%, the short-term trend remains concerning. Many are actually questioning the viability of the Raydium project in an ultra-competitive market.

儘管每年增加60％以上，但短期趨勢仍然令人擔憂。實際上，許多人在質疑超競爭市場中Raydium項目的生存能力。

Raydium Remains a Key AMM on Solana

Raydium仍然是Solana上的關鍵AMM

Indeed, Raydium remains a central AMM on Solana. However, many crypto experts now challenge its dominance. They mainly refer to the emergence of Pump.fun, which is reshaping power dynamics. Offering attractive alternatives to projects seeking visibility, this crypto platform is attracting more and more attention… and liquidity!

確實，Raydium仍然是Solana上的中央AMM。但是，許多加密專家現在挑戰了它的統治地位。他們主要是指泵的出現，即重塑動力動力學。這個加密平台為尋求可見性的項目提供了有吸引力的替代方案，它吸引了越來越多的關注……和流動性！

In response, Raydium launched its own LaunchLab in April 2025 (hoping to regain ground). The initiative led to a rise in the RAY token, quickly followed by a new decline. This pattern illustrates the fierce competition among DEXs and the constant need for innovation in the world of decentralized finance.

作為回應，Raydium於2025年4月推出了自己的Launchlab（希望重新獲得地面）。該倡議導致了射線令牌的上升，隨後很快下降了。這種模式說明了DEX之間的激烈競爭以及在分散財務世界中不斷創新的需求。

Introducing LaunchLab, Raydium's all-in-one token launchpad.Built for Creators, Developers, and the Community 🫡https://t.co/yZVzShVZSJMore info ⬇️ pic.twitter.com/r6s1DAegWf

介紹raydium的“啟動列表”，“ raydium的多代價啟動”。為創建者，開發人員和社區構建🫡Https：//t.co/yzvzshvzsjmore infor

What’s the Trajectory for RAY within the Solana Universe ?

索拉納宇宙中射線的軌跡是什麼？

Despite this turbulent period, Raydium maintains solid structural advantages. Several elements indeed indicate an active and resilient crypto project:

儘管有這一湍流時期，Raydium仍保持著穩固的結構優勢。幾個要素確實表明了一個積極且有彈性的加密項目：

The future of Raydium will depend more precisely on its ability to:

Raydium的未來將更準確地取決於其能力：

A clearer strategic direction, combined with adaptation to trends like memecoins or asset tokenization, could reignite market interest.

更清晰的戰略方向，再加上對諸如Memecoins或資產令牌化之類的趨勢的適應，可以重新點燃市場的興趣。

At the time of writing this article, the RAY token is trading at $2.34.

在撰寫本文時，Ray令牌的交易價格為2.34美元。

Raydium finds itself at a decisive moment today. For crypto investors, caution is advised. Fundamental signals deserve special attention!

Raydium在今天的決定性時刻發現自己。對於加密投資者來說，請謹慎行事。基本信號值得特別注意！