$RAY is about to break out:
It currently sits at a major multi-month resistance and I believe the strong fundamental setup could result in a breakout.
✓ Solana is leading volume & price
✓ Ray is a beta on Solana volume
✓ Investor tokens fully unlocked
✓ Strong revenue based buy back
If it breaks the resistance and Solana continues to perform I expect a violent move.
Here is how much revenue Radyium generated in the recent timeframes:
• 24 hours: $3.5m | $SOL = $3.9
• 7 days: $19m | $SOL = $20m
• 30 days: $49m | $SOL = $49m
Ray is pretty much consistently the top-ranked Dapp by revenue.
Pair that with strong activity coming back to Solana and Raydiums god-tier tokenomics and it can do really well imo.