Raydium Hits 11-Month High Amid 90% Weekly Rally
BeInCrypto reports that Raydium (RAY) surged to an 11-month high on Friday, marking a 90% weekly rally. This performance made it the second-strongest performer among the top 300 cryptocurrencies. The Solana decentralized exchange token gained ground while the wider crypto market slipped 3.9% over the same seven days. Bitcoin (BTC), Ethereum (ETH), and other assets contributed to the broader market decline during this period.
How the market reacted
Whalio's own Binance spot order flow for RAY, measured when this story was written up on 11 September 2026. Not the outlet's figures.
Whalio spot data shows RAY trading at $1.45 with a 24-hour buy ratio of 53.2%, indicating that buyers are currently in control. However, the 1-hour buy ratio has dipped to 47.8%, suggesting that short-term buying pressure is fading compared to the broader 24-hour trend. The 4-hour buy ratio sits at 51.0%, showing a balanced but slightly bullish stance over the medium term. Volume delta data reveals a significant net inflow of $1,614,623 over 24 hours, contrasting with a recent $40,699 outflow in the last hour. This indicates that while immediate momentum is cooling, cumulative buying has been strong over the day.
The latest daily buy ratio of 45.0% sits at the 11th percentile of the last 322 days, against a median of 50.1% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for RAY, averaged over the days leading up to the story.
Over the preceding week, RAY experienced a 74.1% price increase with a 7-day average buy ratio of 51.5%. Today's 24-hour buy ratio of 53.2% is 1.6 percentage points higher than the weekly average, signaling a slightly more bullish day than usual. Spot volume today was 1.88 times the weekly average, highlighting an unusual surge in trading activity. While the week saw net buying on 4 of 7 days, today's volume delta of over $1.6 million underscores a strong continuation of that trend.