Raydium treasury backs USDv stablecoin as RAY hits $2.4159 resistance
Raydium (RAY)
Editor:
Eugene Serbin
tradersunion.com reports that Raydium (RAY) is trading at $2.0625, marking a 7.19% daily increase. The protocol has allocated an initial $1 million from its treasury to support the newly launched USDv stablecoin. This capital injection boosts liquidity for USDv markets on Raydium and enhances the platform's trading depth.
Raydium is also backing USDv trading pairs within its market and Launchpad ecosystem. This move deepens integration with Solomon Labs' stablecoin and stimulates user engagement. Record trading volume reached $157.5 million, more than double the 30-day average.
Technical indicators show RAY trading above its MA-20 at $2.0311 and MA-50 at $1.9217. The price maintains substantial separation above the long-term MA-200 at $0.7513. The Ichimoku Kijun provides immediate support at $2.0185.
MACD and ADX signal strong buy momentum, while RSI reads at 55.23. Analysts note that ecosystem growth and treasury expansion reinforce a bullish market structure.
How the market reacted
Whalio's own Binance spot order flow for RAY, measured when this story was written up on 24 September 2026. Not the outlet's figures.
Whalio data shows RAY trading at $1.98 with a 1-hour buy ratio of 70.6% compared to 50.9% over 4 hours. This indicates that buying pressure is building in the short term relative to the recent four-hour window. The 24-hour buy ratio sits at 51.5%, showing a balanced but slightly positive sentiment over the full day. Volume delta measures the difference between buy and sell volume, with a 1-hour delta of +$462,648 suggesting immediate net buying. The 24-hour volume delta is +$622,210, confirming sustained net inflows over the day. Spot volume reached $19,261,377 with 115,911 trades executed in the last 24 hours.
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 50.9%, with the latest day showing only a 0.6 point increase. This suggests the current buying intensity is consistent with the weekly norm rather than an outlier event. Volume was 2.08 times the average, indicating significantly higher participation than usual for this period. Net buying occurred on 4 of the 7 days, with a total volume delta of +$2,101,664. The price increased by 42.1% over the 8-day period, reflecting strong upward momentum driven by this elevated volume.