Raydium token RAY ‘falling off a cliff’ as Pump.fun rumored as testing AMM
Raydium’s token has dropped 25% after an onchain sleuth said they found Pump.fun was making a protocol that could cut off a source of the DEX’s revenue.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Raydium’s token has dropped 25% after an onchain sleuth said they found Pump.fun was making a protocol that could cut off a source of the DEX’s revenue.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Binance’s bStocks Lead Tokenized Stocks After Crossing $1 Billion
Binance’s tokenized U.S. equities product, bStocks, now holds more than $1 billion in assets under management, the exchange announ...
Pantera Leads $10 Million Fission Funding Round To Solve Tokenized Fund Liquidity Problem
TL;DR: Tokenization infrastructure firm Fission has raised $10 million in a funding round led by Pantera Capital. It wants to make...
OKXICE Faces 9 Formal Objections to Tokenized Share Trading
Nine U.S.-listed companies, including Broadcom, Coreweave, Verizon, and Unitedhealth, have formally objected to tokenized versions...
Pump.fun Brings Hyperliquid Perps to Its Meme Coin Empire
Pump.fun has expanded beyond its Solana meme coin business, introducing perpetual futures trading powered by Hyperliquid. The new...
Goldman Sachs CEO Sees Tokenization as Wall Street’s Next Act
Goldman Sachs CEO David Solomon sees tokenization reshaping financial markets, potentially opening new revenue opportunities rathe...
Binance bStocks Hits $1 Billion As Tokenized Stock Trading Accelerates
TL;DR: Binance says its bStocks tokenized-equity offering has surpassed $1 billion in assets under management, four months after l...