The Solana-powered decentralized exchange (DEX) Raydium makes preparations to enter its most energizing era to date. Raydium is making immediate moves to protect its market position through the development of LaunchLab after discovering that Pump.fun established its popular 2024 platform by testing an innovative automated market maker (AMM). The company developed LaunchLab as its new memecoin launchpad dedicated to compete against Pump.fun while taking advantage of its own design.
The new move by Raydium comes at a moment when the exchange plays a fundamental role in supporting Pump.fun’s revenue generation through its 35% contribution. Pump.fun recently skyrocketed in popularity using Raydium pools for trading activities yet seeks functional sovereignty through its exclusive AMM system. The core contributor of InfraRAY at Raydium views this separation from DEX as “strategic miscalculation” while the organization stands strong.
Raydium’s Profitability and Liquidity Power
Raydium demonstrates its profitable status by generating $154 million in swap revenue during 2024. The ongoing growth of daily liquidity pool activity will reach $1 million according to future projections. The increased focus on liquidity power by Raydium ensures competitors including Pump.fun struggle to grow in the market.
The change holds key importance for Pump.fun because it functioned extensively with Raydium framework as its base. When tokens on the platform reach a specified bonding curve threshold they will automatically move between different networks. LaunchLab represents Raydium’s custom-developed implementation of Pump.fun that comes with distinct features and the ability to set fees through separate UIs but still provides pool liquidity from Raydium.
The Future of Memecoin Launchpads
Excitement surrounds Raydium because the platform continues to expand its operations beyond where it currently stands. The Solana DEX has announced LaunchLab development while Pump.fun organizes the creation of its native token. RAY native token value experienced an immediate surge of above 5% to reach $1.67 after the news announcement.
A revolutionary period in memecoin evolution seems to be shaping up in the future. The market will determine whether Raydium establishes permanent market dominance against the upcoming developments from Pump.fun. These upcoming months promise to define the entire situation.
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