Raydium Price Prediction October 2026: RAY Holds Its 144% September Gain as Volume Passes Pump.fun

Raydium price prediction for October stays bullish above $2, the level RAY needs to hold to keep its September breakout intact.

RAY trades near $2.41, down 2.58% today, after gaining about 105% in a month, and it can keep climbing if it clears Wednesday’s high near $2.56, which would open $2.80 and then $3. The gain still leaves RAY about 15% below its price a year ago, so the rally is a recovery that has not yet reached new territory.

The averages show how far price has stretched. RAY sits about 21% above its 20-day EMA at $2, with the 50-day at $1.58 and the 100-day at $1.25 much lower, so a pullback toward $2 would be a normal cooldown, while a daily close below it would put $1.58 in play.

RAY has closed October higher in three of the five completed years since 2021, with an average gain of 12.1% and a median of 9.99%. A 75% surge in 2024 lifts the average and a 38% drop in 2025 is the worst result, so the median is the better guide.

This October is already up 24.1%, more than that median, so RAY is trading above where a typical October would leave it. September’s 144.1% gain compares with a September median loss of 5.57% and followed a 32.3% gain in August.

The figure covers a single day, so it shows where trading was on that day and not a lasting lead. Bitcoin Strategy described a similar crossover on September 30, when he said Raydium passed PumpSwap.

Bitcoin Strategy argues that the revenue jump leans heavily on one customer and expects September’s level to settle lower. His main points:

• Fees peaked and faded: Daily fees peaked in the third week of September and fell by more than half by the last weekend of the month, two days before RAY’s September high. They remain more than three times higher than before Stonk Fun arrived.
• One customer: Stonk Fun’s team is anonymous, and he says it collected about four times what Raydium earned in the month, so Raydium may need the launchpad more than the reverse.
• Low leverage: Futures open interest, the total value of open bets, is about $16 million, roughly 3% of market cap, and the funding rate is slightly negative, so he does not see the rally as driven by borrowed money.

RAY holds $2.19 and the 20-day EMA at $2, then closes a day above Wednesday’s $2.56 high. That opens $2.80, with $3 beyond it, and revenue staying well above August’s level would support the move.

RAY loses $2.19 and then the 20-day EMA at $2, which would end the September run. A daily close below it would expose the 50-day EMA at $1.58, and another drop in launchpad fees would fit that path.