Raydium $196M RAY Token Buyback Cut 26.4% Supply
Raydium don finish beta buyback like $196.3 million worth RAY token, dem collect 71 million RAY (26.4% of the circulating supply) inside 90 days. According to SolanaFloor data Wey 0xINFRA quote, the RAY buyback dey aim to reduce token supply, make am scarce, and support DeFi liquidity for Solana network. This move show say Raydium get strong revenue generation, sabi manage capital, and dem serious about market stability. Traders need to watch RAY token supply dynamics and how e fit affect price, because if supply reduce, e fit create short-term trading opportunities and also affect long-term token economics. The buyback sef dey show say Solana DeFi don mature and fit attract more liquidity plus users to Raydium protocol.
Bullish
Raydium dem big own RAY token buyback don reduce di circulating supply pass quarter, wey dey increase scarcity and make price pressure rise. As dem dey put $196.3M for capital management and dey improve DeFi liquidity, di protocol dey show say e dey confident and market stable. Short term traders fit see demand high and price dey fluctuate well well as the small supply go limit how much people fit sell. Long term, di buyback go make money and strong token economics go make investors trust di token well well and e go help price continue to grow.