Reached $1 billion in tokenized equities volume; expected to triple volume within the year as it expands asset offerings.

Partnered with the Metaplex launchpad app for the distribution of the BANK token.

Coinbase plans to list RAY, which is a bullish event for the asset.

Highlighted as a strong investment opportunity for 2025, being the first Solana DEX to cross $1T in volume and having a significant 27% circulating supply buyback.

Identified as a key application leading the DEX volume on the Solana network.

Launched perpetual futures trading and a trading competition with a $100,000 prize pool, which presents an immediate opportunity for active traders.

Mentioned as a traditional AMM that is potentially 'fading into irrelevance' because it does not control a primary source of new token launches and is losing volume.

A bet to capture the DEX market on Solana. RAY is identified as having network effects and is expected to become either the #1 or #2 DEX on the network.

Mentioned as part of the broader Solana DeFi ecosystem where staking tokens from Figure's Hastra platform can be utilized, indicating positive ecosystem integration and activity.

As a traditional AMM, its business model is under pressure from Prop AMMs. Its future may depend on capturing the niche market of new, less liquid tokens, which is a significant risk.