The price of Raydium is drowned 22 % as Sol L2 ICO goes equivalent

The price of Raydium has decreased by more than 22 % in the past 24 hours for trading at $ 3.32 from 10:03 pm EST, where investors sell their property in Altcoin.

This sharp decrease comes in the price of Ray after news stating that Solana Meme Coin Launcad Pump.fun tests AMM at home, which can replace Raydium as an external provider.

Tldr on Ray $

–pumpdotfun It is currently working on gathering the liquidity of their automated market maker

– Ray $ The upcoming the thesis has always been that Pumpfun relied on Raydium (it is likely to be) now)

– If this amm LP comes on its fruits, the symbols created on Pumpfun will … pic.twitter.com/su5gc8a7mp

– Pinaso (@binaso8) February 24, 2025

Raydium price rest on support

4 hours of radiology graph/US dollar (Source: Geckoterminal)

the Raydium The price rests at the main support level at $ 3.2966, Geckoterminal data He appears. A decrease below this artistic crutch can decrease altcoin further within the next 24 hours.

On the contrary, the Raydium prices that enable the closure of candles for the next two hours, which exceeds $ 3.2966, can lead to a bullish recovery, in this alternative scenario, traders may determine the current ray levels as the opportunity to buy.

The potential purchase pressure may then increase the price of Raydium to a sign of $ 3.9698. A 4 -hour candle above this barrier can lead to a height of $ 4.5949 and possibly $ 5.2441.

Technologies indicate that the price of Raydium may decrease more

Technically, indicators indicate a 4 -hour graph from Ray that the price of Raydium may still be at risk of declining in the next few hours. Both the different moving average rapprochement (MACD) and the RSI indicator (RSI) display down.

In the past few hours, RSI readings have decreased from the mid -1940s. This sharp decrease in RSI values ​​indicates a sudden decrease in the strength of the buyer, with the latest reading of less than 30, indicating that the price of Raydium in the sale area.

Although the latest reading indicators of the relative strengths of less than 30 years indicate that Ray’s bullish capabilities are greater than their negative potential and may be seen later as a purchase signal, it is not unusual for RSI values ​​low for a sustainable period of time when they are Encryption It is being disposed of.

Meanwhile, the MACD line decreased below the MACD signal line. The current alignment of the Technical Consates with MACD at the bottom of the MACD signal line indicates that RAY is currently negatively. In addition, the increasing gap between two MACD lines warns that the dumping irrigation momentum picks steam.

With the price of Raydium remains at the mercy of the sellers, investors accumulate in the preliminary for a new project Solana Layer-2 called Solaxy (Solx) To make gains. 99bitcoins, a famous YouTube encryption channel with more than 725,000 subscribers, says SOLX has the ability to increase 10x after its launch.

Solana is about to get a great upgrade

Solana has high levels of congestion due to the madness of the investor that erupted around the Sol metal coins in recent months. This network traffic has led to a failure of transactions, delaying delay, and may eventually lead to another interruption of the popular class 1 if nothing changes soon.

Solaxy, with the original -layer -2 side chain and scaling techniques, aims to reduce congestion levels on Solana. The Solaxy network, which works in parallel with Solana Mainnet, operates, processing the transactions of the 1 -class infrastructure, and then sending groups of transactions to Solana Blockchain for final verification.

It has already been proven that this approach to processing transactions is a successful way to expand the network, as it appears with expression and optimism within the ethereum ecosystem.

However, Solaxy seeks to become more than just another Layer-2 project, as the team that stands behind the scaling solution will try ETHEREUM and Solana Blockchains as well.

This Super Web3 infrastructure can open capable of meeting the increasing demands of Mimi currency and decentralized applications. The original Solx icon will be placed from Solaxy as a first transaction layer between two Blockains in the encryption space, which will give it high levels of benefit.

Solaxy raises more

Solaxy raised more than 23.2 million dollars through its ongoing before, as investors are betting on the future of the project at this early stage. Through upscale predictions by experts such as 99bitcoins and put it in the project as the first solution of Solana, it is easy to know why ICO performs from Solaxy well.

Anyone who wants to participate in the pre -walking period can do this by getting some SOLX through the Simple user interface element included on the project site. Selling at $ 0.001644, Solx can either be bought either using Crypto or Bank Card. After getting some SOLX, investors can also share the distinctive APY codes by 175 % on buyers.

Buy SOLX here before the pre -primary price in 17 hours to lock the best deal.

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