Raydium price jumps 15% as top coins struggle: why is RAY surging?

  • Raydium price pumped more than 15% as bulls tested the $0.75 level.
  • Gains come amid a notable jump in perpetuals volume on the Solana-based decentralized exchange.
  • RAY’s daily trading volume exploded by more than 500%.

Raydium trends as one of the top gainers in the crypto market in early trading on February 17, 2026, with the RAY token up 15% in the past 24 hours.

The token’s dramatic surge aligns with an explosion in daily trading volume and a retest of $0.75, which sees bulls now target a potential rebound to the critical price level of $1.

All this comes as top altcoins, including Ethereum, XRP and Solana, mirror the bearish pressure around Bitcoin.

Why is the Raydium price up?

Raydium benefits from Solana ecosystem momentum, with optimism around SOL also reflected in RAY. But this latest pump in the token comes as SOL struggles near $80.

A sharp increase in liquidity provision and swaps on Raydium’s automated market maker signals renewed confidence in the Solana-based decentralized exchange.

While there is no specific catalyst for the price surge in the past 24 hours, it appears fresh perps listings are amplifying volume.

Raydium recently announced trading support for  $TSLA, $NVDA, $XAG, $NAS100, $XAU, $SPX500, and $GOOGL, offering up to 20x leverage.

With potential macroeconomic shifts pointing to fresh gains, speculation is at a new level.

On-chain data indicates the platform is seeing heightened activity, with perpetuals volume skyrocketing past $6 billion amid notable user growth.

RAY’s gains reflect this frenzy, and volume has exploded. Over the past 24 hours, bulls pushing to break above $0.75 have seen daily volumes spike 580% and surpass $118 million.

Raydium price forecast as bulls target breakout above $1

Bears remain in control across much of the crypto market, and RAY’s performance in the past several months highlights this.

The token is well off lows of $0.54 seen earlier in the month, and boasts a 22% uptick from lows seen in the past week.

However, price continues to hover below a key downtrend line since the dip from the highs of $4.10 in August 2025.

And that downtrend currently sees bulls eye a short-term flip to above $1.

Raydium Price Chart
Raydium price chart by TradingView

Technical indicators, including the rising RSI around 45 and MACD showing bullish divergence, suggest room for momentum.

Also notable is the fact that RAY currently trades near the resistance line of the aforementioned descending trendline.

The retest of this area amid a rise in volume aligns with a potential upward continuation.

However, bulls need to breach immediate resistance at the $0.83 to $0.91 zone.

If this area flips from the key supply wall to support, a potential breakout is likely to propel RAY to highs of $1.27 and then bring new bullish targets into view.

If not, rejection at $0.75-$0.83 could open the door for bears to target the $0.55-$0.50 zone.

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NEXO token surges as the crypto lending platform returns to US

  • NEXO returns to the US with fully compliant crypto services.
  • NEXO token rises to $0.8871, up 9.4% over the past week.
  • Key support lies at $0.8655, with the immediate resistance near $0.9619–$1.07.

NEXO, the native token of the crypto lending and financial services platform Nexo, has seen a notable uptick in price following the company’s return to the United States nine months after announcing it would return.

The token currently trades at around $0.8871, marking a 5.7% surge in 24 hours and a 9.4% gain over the past week, reflecting renewed investor confidence and growing anticipation surrounding the platform’s US relaunch.

The platform originally exited the US market three years ago due to regulatory hurdles.

At the time, Nexo faced scrutiny over its crypto lending products, leading to a temporary halt of its services to American customers.

Now, the company has returned with a fully compliant approach after partnering with Bakkt, a regulated US infrastructure provider, to ensure its offerings meet local financial regulations.

Nexo’s relaunch in the United States

The US relaunch brings back key services that had previously been unavailable.

Users can once again access flexible and fixed-term crypto yield programs, allowing investors to earn interest on their digital assets.

Additionally, Nexo is offering a fully integrated crypto exchange for spot trading.

This gives US clients the ability to buy, sell, and trade supported cryptocurrencies directly on the platform.

Crypto-backed credit lines have also returned, and users can borrow against their digital holdings without having to sell them, providing liquidity while retaining exposure to the assets.

The platform has reintroduced its loyalty program, rewarding clients for participation and activity.

Fiat on and off-ramps are now available, enabling smooth transfers between bank accounts and the platform.

The partnership with a regulated US provider ensures that all these services operate within a compliant framework.

This regulatory alignment not only mitigates risk but also strengthens institutional confidence in NEXO’s operations.

NEXO price forecast

The combination of Nexo’s regulatory-compliant relaunch, a strong product suite, and favourable technical indicators makes the token one to watch in the coming weeks.

Looking ahead, the first major support is at $0.8655, which is crucial for maintaining upward momentum.

If this level holds, the token could test its first major resistance at $0.9619.

Breaking above $0.9619 may open the path to $1.02, with a further target at $1.07.

On the downside, analysts note that if the support at $0.8655 fails, NEXO could slide toward the next support level at $0.7923.

However, the token’s short-term performance will likely depend on the platform’s adoption in the US, liquidity on exchanges, and overall crypto market sentiment.

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