Raydium ($RAY) Gains From Trump Family Meme Coins, Could Best Wallet Token be a Stronger Alternative?

2025 has already been a busy year for the Solana ecosystem, especially following the launch of official meme coins for Donald Trump and his wife Melania.

2025 has already been a busy year for the Solana ecosystem, especially following the launch of official meme coins for Donald Trump and his wife Melania.

Traders and investors have quickly become divided over the meaning and long-term impact of TRUMP and MELANIA – but for automated market-makers (AMMs) and decentralized exchanges, they're clearly bullish.

Raydium ($RAY), a decentralized AMM and token swap protocol built on Solana, has seen its token price surge by over 50% in the last seven days, largely thanks to the creation of those official Trump family meme coins.

Since decentralized exchanges have become increasingly popular over the last couple of years, and will continue to play starring roles in 2025, top investors are also flocking to Best Wallet – a fast-growing crypto ecosystem with its own DEX, and a top-trending ICO token.

Raydium Gains From Trump Family Meme Coins

Prior to the launch of the TRUMP and MELANIA meme coins, Raydium's native RAY token was trading in a relatively comfortable but indecisive range between $4 and $6.50. Interestingly, this range was first established in early November 2024, and RAY's sideways price movement continued even during the crypto market dip in mid-December, which saw many cryptos hit by extreme price drops.

RAY's daily price chart shows how investors were largely caught unawares by the increased traffic driven by TRUMP and MELANIA, resulting in highly volatile price action:

Despite some precipitous wicks that pulled the price of RAY back down into its previous range, the token is currently pushing even higher as Solana meme coin traders rush to make the most of the latest opportunities. Although no clearly defined medium- or long-term trend has been definitively established, it is also possible to sketch out the earliest signs of an ascending triangle chart pattern:

It remains to be seen how this potential pattern will play out, bearing in mind that RAY has just broken out of a long range on the back of what essentially is a current-affairs news event. It's possible that this bullish move could still prove short-lived – so traders will need to watch what happens when RAY eventually starts to pull back.

Bulls will of course want to see a further pump and breakout above $8. Flipping that level from resistance into support would open up even higher prices for consideration – and on the weekly chart, long-term investors might be interested in targeting RAY's all-time high just below $18:

If RAY can reclaim its ATH, bulls would gain more than 2x from this crypto's current price.

One more key insight we can gain from this weekly chart is how powerfully a “dead” crypto can come back from extremely low dips, and extended periods of bearish price action. Between November 2022 and October 2023, RAY's price appears almost completely flat – but since Solana became a heavy hitter in the meme coin world, RAY has also experienced multiple pumps. At the time of writing, bulls can now begin looking at all-time highs once more, which is an incredible achievement.

If you're looking for another crypto with exceptional resilience, seriously positive sentiment, and much higher profit potential than RAY, we recommend considering the token that we'll analyze in the next section.

Could Best Wallet Token be a Stronger Alternative to Raydium?

Although Raydium is a major player in the Solana ecosystem, it is limited in reach to just one Layer 1 blockchain. Best Wallet, on the other hand, enables multi-chain swaps through its Best DEX platform – which is accessible directly through the Best Wallet smartphone app.

The Best DEX roadmap includes integrations with every major blockchain (including but not limited to Solana), with a list of integrated chains that presently includes Ethereum, BNB Smart Chain, and Polygon.

The Best Wallet ecosystem also includes everything from a secure crypto wallet (compatible with over 60 chains and thousands of coins) to crypto presale access, iGaming, staking, and more. The Best Wallet Token ($BEST) supercharges the Best Wallet experience, enabling exclusive access to the hottest new presales, token tips, governance votes, higher staking rewards, lower transaction fees, and even airdrops.

At the time of writing, the BEST presale has raised over $7.7 million, which reflects the fast-growing interest that Best Wallet is attracting from across the Web3 space.

One of Best Wallet's standout features is the “Upcoming Tokens” tool, which investors have been using to spot instant-hit ICO coins like Pepe Unchained ($PEPU) and Catslap ($SLAP). Both tokens immediately pumped when they launched on major exchanges, enabling early buyers to make very quick profits.

For now, BEST is priced at $0.023675 – but it's important to remember that this includes a presale discount, and the price will