Raydium has completed a significant buyback, spending $190.4 million in USDC to repurchase 69.1 million RAY tokens. This repurchase accounts for 25% of the token's circulating supply as of July 2025. The move reflects Raydium's strategic efforts to manage its token supply and potentially enhance its market value.
Raydium Repurchases 25% of Circulating RAY for $190 Million
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
