--------📌 Risk Warning: The following content is for learning and discussion purposes only and does not constitute any investment advice. Crypto assets are high-risk investments. Please remain rational, make independent decisions, and assume your own risks. ---

Folks, the previous post originally previewed that this episode would cover QNT. But after going through the old posts again, we discovered that we had already covered QNT on September 27! Today, let’s take a closer look at RAY, the golden-dog stronghold of the Solana ecosystem!

🚨 First, let’s review QNT:

QNT (Quant) is an institutional-grade RWA giant that does not play the narrative game with retail investors.

Its biggest trump card is its participation in the digital euro and U.S. clearinghouse on-chain funds programs. Its total token supply is even scarcer than BTC’s, with only 14.6 million tokens, and it is already fully circulating. The more institutions use it, the fewer tokens circulate in the market, making it extremely prone to unstoppable rallies. However, its Achilles’ heel is that the token has no governance rights and is highly dependent on the company’s ability to win orders. Its small market size also gives it a very strong market-manipulation profile, resulting in extremely sharp rises and falls.

🤖 Current trading advice:
You can open a small short position at $214 - $222
🛑 Stop-loss: $237.7
🎯 Take-profit: $164.2 - $134.2 - $88

🛒 Spot accumulation: $82 - $88
🚀 Long-term take-profit: $164 -> $194 -> $351 -> $419, then hold the final zero-cost remainder all the way to the ultimate blow-off top at $552 or above!

🌐 II. What exactly is RAY (Raydium)?

1. RAY operates in Solana’s most core automated market maker (AMM) and decentralized exchange (DEX) sector. It solves the core problem of being the “primary gateway for traffic” to on-chain assets. Its most formidable narrative is that it can directly convert liquidity from pools funded by retail users into limit orders and share them with the central limit order book across the entire ecosystem. When you create a pool on RAY, trading routes throughout the Solana ecosystem, such as Jupiter, can all come to your pool to access liquidity. It is the undisputed foundational layer of the ecosystem and a powerful compliant settlement tool.

2. Core technical lead XRay has more than 8 years of experience architecting low-latency trading systems in traditional and crypto markets. In its early days, it was deeply connected to a notorious collapsed exchange and Solana’s core capital circle. It survived the bankruptcy crisis and has now completed a total reconstruction from the ruins. The secondary market is currently controlled through high-frequency liquidity management by a top crypto market maker with a Wall Street background. Its trading style is extremely ruthless, characterized by highly aggressive “stepwise rallies resonating with SOL spot.”

3. Maximum supply: Hard-capped at 555 million RAY, with no further issuance.
Current circulating supply: Approximately 269 million tokens (about 48.6% circulating).
Unlock mechanism: The remaining locked tokens are currently being linearly unlocked at approximately 1.49 million RAY per week, perfectly avoiding the systemic shock of venture-capital institutions dumping all at once.
Buyback engine: This is RAY’s invincible nuclear power! The protocol consistently uses 12% of all swap fees for automated open-market “RAY buybacks” and locks the tokens away. The latest disclosed financial report shows that Raydium’s quarterly trading volume reached an astonishing $16.1 billion, while its buyback program crazily devoured and destroyed RAY worth $4 million in the secondary market over the past 30 days. The cleaner the broader market gets washed out, the more aggressively the floating supply in the secondary market is drained.

4. From September to October, trading volume for tokenized U.S. stocks, tokenized gold, and other RWA liquidity on the Solana chain surged, surpassing $6 billion in total. RAY was the primary carrier of this institutional-grade asset liquidity! At the same time, through the Sunrise infrastructure, established giants such as Quant (QNT) recently deployed liquidity on Solana, with their preferred cross-chain trading pairs fully launched on RAY, contributing a continuous stream of fee fuel to its buyback mechanism.

5. Its direct competitors are Jupiter (JUP), Meteora, and Orca. RAY’s competitive advantage lies in its monopolistic position in ease of token issuance and its share of underlying ecosystem liquidity. As fourth-quarter election battles and the traditional bull-market cycle progress, as long as fee-based buybacks continue, it will be the most solid hard asset in the entire Solana ecosystem.

6. Risks:
First, RAY’s market-cap ceiling is deeply tied to SOL’s fate. If Solana encounters systemic risk, RAY will be among the first to bear the impact;
Second, legacy contracts from an older version of the platform (V3) were previously attacked, and the security of legacy contracts remains a tail-end black-swan risk that long-term investors must guard against.

🛠️ III. Order Placement Strategy
Total capital allocation: 5% — 8% (absolute maximum not exceeding 10%):
🛒 First position (40% of spot budget): 1.12 —— 1.25
🛒 Second position (30% of spot budget): 0.65 —— 0.78
🛒 Third position (30% of spot budget): 0.49 —— 0.55
🛑 Stop-loss: 0.435
🚀 Long-term take-profit:
First target: 3.2 —— 3.65
Second target: 6.85
Ultimate target: $10.5 or above

Folks, next time we will fully break down the undisputed uncrowned king of the AI computing sector — RENDER (Render Network)! As a super unicorn in decentralized GPU computing, which Wall Street computing giants have locked up its core holdings amid the dual onslaught of the Apple ecosystem and the AI boom? After this indiscriminate crash and shakeout, where exactly is its “iron floor” for AI computing? Folks, give us a like and follow, and let’s band together for warmth in the comments. See you next time!

‍#QNT #Quant #RAY #Raydium

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