Raydium xStocks hits $160M daily volume on Solana
Raydium (RAY)
Editor:
Eugene Serbin
thecryptocurrencypost.net reports that xStocks achieved a record $160 million in single-day volume on Raydium, marking the biggest day ever for the market on the Solana-based DEX. The project highlighted that this volume represents a significant milestone for tokenized equities trading on the platform. Over the preceding 10 days, xStocks generated $747 million in volume, while the 23-day total reached $1.3 billion.
The figures indicate a sharp burst of trading activity around tokenized stocks on Solana. xStocks noted that $SPYx was leading activity among the tokenized stock products it highlighted. Raydium also referenced this volume record in its own official post, tying the milestone directly to tokenized-equity trading on the venue. These numbers add to the growing visibility of tokenized stocks within crypto market structure.
However, the report notes that the figures do not show how much volume reflects sustained demand versus short-lived turnover. The update provides another data point for the sector, though it does not break down the specific trades behind the headline totals.
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.
RAY is trading at $1.98 with a 24-hour buy ratio of 51.5%, indicating a slight edge for buyers over the full day. In the last hour, buying pressure intensified with a 60.9% buy ratio and a positive volume delta of +$214,563, suggesting immediate accumulation. This contrasts with the 4-hour window, where the buy ratio dropped to 46.2% and volume delta turned negative at -$260,028, showing recent selling pressure. The cumulative volume delta for the 24-hour period is +$1,103,327, confirming net buying over the longer timeframe. Spot volume for RAY reached $19,261,377 with 115,911 trades, reflecting active market participation. The flow shows a shift from earlier 4-hour selling to stronger buying in the most recent hour.
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 42.1% price increase with a 7-day average buy ratio of 50.9%. Today's 24-hour volume of $19,261,377 is 2.08 times the average daily volume, marking an unusually high level of activity. The current 24-hour buy ratio of 51.5% is only 0.6 points higher than the weekly average, indicating stable but not extreme buying sentiment. Net buying occurred on 4 of the last 7 days, with a total volume delta of +$2,101,664 for the period. This suggests that while volume is significantly elevated, the buying pressure is consistent with the recent weekly trend rather than a new anomaly.