射线价格在用户投资中跳高：发生了什么？

Raydium的Ray代币将价格波动视为用户群急剧收缩，而UPBIT列出了Spark Spark Spark Sprip-Evers and Whale活动。这是公牛陷阱吗？

Raydium's (RAY) price action is a head-scratcher. Active users have plummeted 81%, yet the token saw a price surge. Let's dive into this perplexing situation.

Raydium's Price Action是一名头抓手。活跃的用户暴跌了81％，但代币的价格上涨。让我们深入了解这种困惑的情况。

RAY Price Rises on Upbit Listing

射线价格在Upbit列表上上涨

On June 19, 2025, Raydium experienced a 9.5% surge, fueled by South Korean exchange Upbit listing RAY for trading. The price jumped over 25% initially, hitting $2.62, before correcting to around $2.28. This listing also pumped Raydium's market cap by nearly $60 million, briefly placing it among the top 100 cryptocurrencies.

2025年6月19日，Raydium经历了9.5％的激增，这是由韩国交易所Upbit上市雷的雷（Ray）进行交易的。最初，价格上涨了25％，达到2.62美元，然后更正至2.28美元左右。这份清单还将Raydium的市值吸引了近6000万美元，将其简要介绍了前100名加密货币。

Whale Alert: Profit-Taking in Action

鲸鱼警报：行动盈利

The Upbit listing triggered a massive 500% spike in RAY's 24-hour trading volume. Lookonchain spotted a whale depositing 906,788 RAY (worth $2.26 million) into Binance, hinting at potential profit-taking after the price increase. Classic crypto move!

UPBIT上市引发了Ray的24小时交易量引发了500％的高峰。 Lookonchain发现了一条鲸鱼，该鲸鱼沉积了906,788射线（价值226万美元），这暗示了价格上涨后潜在的利润。经典加密动作！

Users Vanish: A Troubling Trend

用户消失：令人不安的趋势

While the price action looks good on the surface, the underlying data paints a less rosy picture. Raydium's active transacting users have been in freefall, dropping 81% since December to just over 838,000. This six-month decline raises serious questions about the platform's long-term health.

尽管价格动作在地表上看起来不错，但基础数据的描绘却不那么乐观。 Raydium的活跃交易用户一直处于自由度状态，自12月以来下降了81％，达到了838,000多个。这个六个月的下降引起了对该平台长期健康的严重问题。

Market Share Slipping Away

市场份额滑倒

Raydium is also losing ground in the decentralized exchange (DEX) arena. Its monthly transaction volume has cratered, plummeting from $124 billion in January to a mere $12 billion recently. Compared to DEX giants like PancakeSwap and Uniswap, Raydium's numbers are looking pale.

Raydium在分散交易所（DEX）竞技场也正在失去地面。它的每月交易量已遍布，从一月份的1,240亿美元下降到最近的120亿美元。与pancakeswap和uniswap等DEX巨头相比，Raydium的数字看起来苍白。

Solana Meme Coin Connection

索拉纳模因硬币连接

A big part of Raydium's woes is tied to the performance of Solana (SOL) meme coins. These tokens have taken a beating lately, dragging down Raydium's trading volume and revenue, which has dropped from $58 million to $1.9 million. Raydium thrives when those meme coins are pumping, and they definitely aren't right now.

Raydium灾难的很大一部分与Solana（Sol）模因硬币的性能有关。这些代币最近进行了殴打，拖延了Raydium的交易量和收入，这已经从5800万美元下降到190万美元。当这些模因硬币抽水时，Raydium会蓬勃发展，而且它们肯定不是。

Technical Analysis: Bullish or Bearish?

技术分析：看涨还是看跌？

Technically, the daily chart shows mixed signals. The MACD hints at a potential bullish reversal, but the histogram remains weak. Bollinger Bands suggest indecision, with $2.56 acting as resistance. The RSI shows some recovery, but failure to hold $2.24 could send RAY back down to $1.93. Analyst Leandrocrypto sees $1.93 as a strong buying zone, with a potential long-term target of $7.27 if bullish momentum kicks in.

从技术上讲，每日图表显示出混合信号。 MACD暗示了潜在的看涨逆转，但直方图仍然较弱。 Bollinger乐队建议犹豫不决，2.56美元充当电阻。 RSI显示了一些恢复，但如果不持有$ 2.24，可能会将Ray降至1.93美元。分析师LeanDrocrypto将1.93美元视为一个强大的购买区，如果Bullish Momentum启动，潜在的长期目标为7.27美元。

Final Thoughts: A Mixed Bag

最终想法：一个混合的袋子

Raydium's recent price jump is exciting, but the massive drop in users and market share can't be ignored. The Upbit listing provided a short-term boost, but the long-term outlook depends on whether Raydium can reverse these troubling trends. Keep an eye on those Solana meme coins and the broader market sentiment. It's a wild ride, folks!

Raydium最近的价格上涨令人兴奋，但是用户和市场份额的大量下降并不能忽视。 UPBIT上市提供了短期提升，但长期前景取决于Raydium是否可以扭转这些令人不安的趋势。密切关注那些Solana Meme硬币和更广泛的市场情绪。伙计们，这是一个疯狂的旅程！