Solana News: Raydium Launches LaunchLab to Compete with Pump.fun and Enhance Token Launch Control

In a move to bolster its presence in the Solana ecosystem, Raydium, a decentralized exchange (DEX), has introduced LaunchLab, a new platform aimed at token creators. This comes after Pump.fun, another player in the space, announced its own automated market maker (AMM), prompting Raydium to take action to safeguard its market share.

Raydium Launches LaunchLab, a New Memecoin Platform to Compete with Pump.fun

Raydium, a decentralized exchange (DEX) on Solana, has unveiled LaunchLab, a new platform designed for token launches. Unlike Pump.fun, LaunchLab will allow token creators to set prices using linear, exponential, and logarithmic models, giving them more control over price movements. The launch comes after Pump.fun announced its own automated market Maker (AMM), raising speculation that Raydium is trying to protect its revenue.

Solana (SOL) Prepares for Major Rally as First U.S. ETFs Launch Nears

The upcoming launch of the first-ever Solana ETFs in the U.S. could drive institutional demand and liquidity for SOL. To confirm a rally toward $186, SOL needs to break above $144. A retracement to the $100-$105 support zone could offer a buying opportunity. Currently trading at $131.78, SOL has a 24-hour trading volume of $7.54 billion and a market cap of $67.04 billion. While SOL has seen a modest 0.07% increase in the past 24 hours, a much larger move could be in the making, fueled by strong market sentiment and a game-changing development in the crypto space.

Meme Coin Inspired Protocol Launches Health Supplements

Pump.Science, a decentralized science protocol inspired by the Solana-based meme coin launchpad Pump.Fun, has opened an online storefront selling supplements. The first product, Urolithin A, claims to support cellular health by restoring mitophagy, boosting energy, and countering age-related decline.

Solana Price Stuck In A Tight Range—Breakout Or Breakdown Ahead?

Solana price has struggled to maintain its footing above $130, reflecting broader market uncertainty. Over the past 30 days, SOL has dropped nearly 36%, highlighting sustained selling pressure. With its Total Value Locked (TVL) fluctuating below $7 Billion and mixed signals from whale activity, investors are watching for the next big move. According to DeFiLlama, Solana’s TVL currently stands at $6.72 Billion, failing to reclaim the $10 Billion mark since February 23. The highest TVL recorded this year was $14.24 Billion on January 18, but a steady decline has followed.