No single dated event in the next 90 days.
Small reward releases. Bought coins are kept, not burned.
RAY runs Raydium, a Solana exchange: 269.86M of 555M coins circulate. No new RAY can be minted.
Sell pressure. The only new float is staking rewards: 525,000 RAY released from the mining reserve in 90 days. 282.66M sits in team and reserve wallets that did not move.
Buy pressure. Fees bought 4.51M RAY, but the protocol holds it as circulating, so it removes nothing.
Net. Net, supply grows about 0.19% in 90 days, and about the same next.
RAY cannot be minted, so new float comes from the 34% mining reserve. A release wallet funded from it sends RAY to the staking reward pool about once a month: 200,000 on Aug 10, 200,000 on Sep 10 and 125,000 on Sep 28 2026. That wallet has 254,372 RAY left, so the next releases need a top-up from the reserve. Stakers earn about 5.6% a year on 43.26M staked RAY.
Team and seed vesting ended on Feb 21 2024. No vesting schedule is left; what the team still holds sits in the wallets listed in the next row.
Six allocation wallets hold 282.66M RAY outside the float with no release schedule: partnership and ecosystem 138.59M, mining reserve 123.32M, advisors 11.10M, team 7.30M, community 2.35M. None moved in these 90 days. Their last moves were in 2023 and 2024. The 87.72M RAY that buybacks collected sits in a protocol wallet that already counts as circulating.
No bankruptcy estate, trustee or long lock is releasing RAY.
12% of every trading fee on Raydium buys RAY: 4.51M RAY in these 90 days, most of it after fees jumped in September. The bought RAY is held, not burned, in a protocol wallet that now has 87.72M RAY (32.5% of circulating). That wallet already counts as circulating, so the buying moves coins inside the float and removes none.
Raydium does not burn fees. Only 2,620 RAY has ever been destroyed, by single users, since 2021.
Apart from the fee buyback above, no team or treasury purchase of RAY was seen in these 90 days.
43.26M RAY is staked, but staked RAY can leave at any time and still counts as circulating. No new lock was announced.
Two sides: how much people want RAY right now, and how much buying could come later.
This part is based on social media. It shows how hot RAY is right now. A better rank means more people are talking about it.
Today, people are talking about RAY for one reason:
RAY dropped from about $2.41 on Oct 12 2026 to about $1.80 on Oct 17 2026, and on Oct 15 2026 it lost more than 12% in one day while the whole market fell about 4%. Trading stayed busy, around $50 million to $60 million a day. People ask if this is just the market selling off or something about Raydium itself.
Checked Oct 17 2026
Based on the law of supply and demand, the long-run signal for Raydium is positive. As of Oct 18 2026, score 8/10, Raydium faces +0.19% new supply over 90 days, with demand very strong (4.5/5). Raydium's price drivers: 2 ▲ price up, 0 ▼ price down.
8 against 8.5: Hyperliquid edges ahead on our framework (Oct 11 2026). Both show demand at 4.5/5 and little new supply. The big difference is size, with Raydium worth about $623M in total and Hyperliquid about $19.0B. That leaves Raydium's long-run signal at positive, by supply and demand.
It would take 43 times today's value: $100 × Raydium's coins in the market = about $27B, against $623M now (Oct 18 2026). Raydium's supply also grows +0.78% in the next year, so every extra coin needs buyers too. That leaves Raydium's long-run signal at positive, by supply and demand.
Today the signal is positive. Supply and demand would point the other way for Raydium if new supply jumps (today +0.19% in 90 days), or demand falls from very strong.
On our framework Raydium scores 8/10 (Oct 18 2026), with supply 3.5/5 (steady) and demand 4.5/5. In the next year Raydium's supply changes +0.78%, so the long-run signal reads positive.
The law of supply and demand points to one window for Raydium: low new supply, high demand, drivers pointing up. Where Raydium stands today: +0.19% new supply in 90 days (steady), demand very strong (4.5/5), drivers 2 ▲ / 0 ▼.
Raydium has 2 price drivers today (2 ▲ price up, 0 ▼ price down). ▲ Solana DEX share: Share fell from about 50% to 6%, doubled by Sep 30 2026. ▲ Stock token trades: Stock-token trades on Raydium grew from zero to $5B total.
Raydium reads positive at 8/10; Bitcoin reads positive at 8.5/10 (Oct 18 2026). On supply and demand, Raydium looks weaker than Bitcoin today.
Every answer here applies basic economic theory — the law of supply and demand — to this coin's data. It is not financial advice. How we read every coin →
We look at two things, half each: supply and demand. Fewer new coins mean less selling pressure. A meme coin scores 1.5 at most on supply: its team got its coins for free, so no new supply does not make it safe. We also show each coin's age, with a warning when it is younger than 1 year. Demand looks at how much people want the coin now and how much buying could come later. Price Drivers (Beta) are the 2 or 3 things that can move one coin's price that supply and demand miss; they have no score. RAY supply grows +0.19% in the next 90 days, so it shows in red: more RAY reaches the market than is removed. Zero or falling supply is always green, any growth is red.
One email before each big supply event, and the day our verdict changes. Nothing else. You can watch 2 coins for free.
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