Raydium Price Surges on Spot Buying Pressure
Raydium (RAY)
Editor:
Eugene Serbin
Coincdu.com reports that Raydium (RAY) posted a notable single-day advance on October 7, 2026, driven by elevated bid-side activity across centralized and decentralized venues. The token outpaced the broader market as the bid/ask ratio pushed well above the 1.3 threshold, signaling meaningful buy-side dominance and active accumulation rather than passive drift. Derivatives data shows funding rates remain near neutral, suggesting the rally is led by spot buyers rather than leveraged long positions, which reduces immediate liquidation risk.
Raydium operates as a primary Solana automated market maker, hosting both concentrated liquidity and constant product pools. The protocol also features LaunchLab, which routes liquidity through Raydium pools to create structural demand for RAY when new projects bootstrap. Additionally, Raydium recently expanded with a permissioned AMM for compliant asset trading, broadening its user base beyond retail DeFi participants.
The surge is supported by Solana on-chain activity and higher swap fee revenue, which drives interest in RAY as a governance and fee-sharing token. Traders are monitoring whether volume sustains above recent daily thresholds on Solana-native venues to validate the breakout. The neutral funding environment serves as a key signal, with sustained spot buying and flat funding rates supporting a healthier continuation structure. A pullback scenario could materialize if spot volume contracts while price stalls, allowing the bid/ask ratio to normalize toward 1.0.
How the market reacted
Whalio's own Binance spot order flow for RAY, measured when this story was written up on 7 October 2026. Not the outlet's figures.
Whalio data for RAY on Binance shows a 1-hour buy ratio of 58.1% and a 4-hour ratio of 52.7%, both indicating active buying pressure compared to the 24-hour ratio of 49.6%. The 1-hour volume delta is positive at $431,488, while the 4-hour delta is +$816,820, contrasting with a negative 24-hour delta of -$66,404. This suggests that recent buying activity is accelerating in the short term, even as the longer-term daily flow remains slightly negative. Volume delta measures the difference between buy and sell volume, so positive numbers indicate net buying pressure. The 24-hour cumulative volume delta closed at +$1,918,056, with spot volume reaching $10,334,577 across 75,444 trades. Net buying occurred in 13 of the last 24 hours, showing intermittent but present demand.
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, the average buy ratio was 50.6%, making today's 1-hour reading of 58.1% an unusual spike in buying pressure. The 24-hour volume of $10,334,577 represents 1.49x the weekly average volume, indicating significantly higher activity than usual. While the 24-hour buy ratio of 49.6% is slightly below the weekly average of 50.6%, the short-term metrics show a clear shift toward accumulation. This volume surge coincides with an 8-day price increase of 14.6% and a total volume delta of +$505,462 for the week. Today's activity stands out as an unusual day for the coin, marked by volume nearly 50% higher than the weekly norm.