Raydium hits 11-month high amid 90% weekly rally

Raydium (RAY) reached an 11-month high on Friday, marking a 90% gain over the week and becoming the second-best performer among the top 300 cryptocurrencies. The Solana-based DEX token outperformed the broader market, which declined by 3.9% over the same period, including Bitcoin (BTC) and Ethereum (ETH).