RAY's
↗3.28%
weekly rebound is drawing renewed trading interest as activity surged roughly
↗36%
over the same period.
Multiple signals moving together
Investor positioning held steady with funding rates at approximately 0.01% (around 13.6% annually) while trading volume climbed alongside the weekly price move over the past seven days.
Trading activity picking up
Trading volume jumped roughly
↗36%
over the past week while investor positioning remained essentially flat with a
↘0.94%
change over the same period.
Network activity showing mixed signals
On-chain data shows 2,381 active addresses with 863 new participants joining, though some existing holders are exiting positions at losses based on recent transaction patterns.
Value locked remains elevated
The protocol holds approximately $843 million in total value locked, representing roughly 509% of its market cap, indicating strong usage relative to its size.