Raydium Strengthens Its Position in the Solana Memecoin Market

Despite a general market slowdown. However, Pump.fun's new DEX could challenge Raydium's dominance.

The crypto market continues to evolve rapidly, and each token is responding differently. While Raydium is cementing its position in the Solana memecoin market despite a general slowdown, Pump.fun’s new DEX could pose a challenge. Meanwhile, OM remains resilient during the market slump thanks to MANTRA’s ambitious $108 million RWA fund and expanding operations in Dubai. However, the real spotlight falls on BlockDAG (BDAG) as it moves beyond just presale buzz.

Introducing practical applications like the X1 miner and a beta testnet, along with securing plans for 10 CEX listings, BlockDAG is combining speed, adoption, and a strategic approach that could become a key factor in its success.

Raydium Now Controls 83% of Solana’s Memecoin Trade in Q1

Raydium now controls 83% of Solana’s memecoin trade in Q1 2025, up from 77%, despite a contraction in the wider memecoin market. A report by CEX.io reveals that the memecoin market cap has dropped by 58% since January, and trading volume has decreased from 11% to 4% of total crypto trading.

The memecoin tokens launched through Pump.fun were automatically listed on the exchange after reaching a $69K market cap, contributing to Raydium’s growth. However, Pump.fun has launched its own DEX, posing a threat to Raydium’s market share.

Analysts suggest that LaunchLab might struggle against Pump.fun’s strong community and appeal. If Pump.fun’s DEX becomes popular, Raydium could see a significant reduction in volume. Market watchers will be following both platforms closely to see how the competition for memecoin liquidity unfolds, which could alter the trading dynamics on Solana.

OM Remains Resilient as MANTRA Announces $108M Ecosystem Fund for RWA Tokenization

MANTRA is drawing attention with the announcement of a $108,888,888 Ecosystem Fund to promote real-world asset tokenization over the next four years. Supported by various VC firms, the fund aims to spur blockchain adoption by assisting startups in the RWA sector.

Despite the general market downturn, OM—MANTRA’s token—remains one of the few altcoins in the top 30 to achieve gains, increasing over 2% in 24 hours. This follows MANTRA’s recent regulatory approval in Dubai, which enables it to extend its financial services, including exchange and investment operations.

Currently, with a $4.2 million TVL, MANTRA plans to attract more RWA projects, enhance network utility, and foster ecosystem growth. The launch of this fund could be a pivotal moment both for OM’s market performance and its role in the expanding RWA sector.

BlockDAG Secures Plans for 10 Major Exchange Listings—Could It Reach $1?

As the market experiences a downturn in April, buyers are shifting their focus to more stable opportunities with significant growth potential. BlockDAG (BDAG) is emerging as a promising option, having successfully raised over $213.5 million and sold more than 19.1 billion coins during its presale, starting at just $0.001 and rising to $0.0248 by Batch 27—an impressive 2,380% increase before even launching on major exchanges.

Now, heading into May, BlockDAG is setting up for listings on more than 10 centralized exchanges, a move that could mark a pivotal moment. These listings are expected to significantly broaden BDAG’s visibility, enhance liquidity, and boost demand.

Alongside this development, the live beta testnet and X1 mining app are showcasing practical applications, while hardware shipments are securing optimal timing for optimal performance.

Together, these initiatives are demonstrating real-world adoption, which could be a key factor in attracting investors who are shifting away from purely speculative assets.

With a goal of reaching $1, early supporters might see potential gains of up to 3,900% from the current price. Unlike many cryptocurrencies that lose momentum post-presale, BDAG is just beginning its growth trajectory. For those searching for a promising long-term crypto before it hits major platforms, BlockDAG presents a compelling option.

Here Are Some Key Takeaways

While Raydium continues to build its dominance in the memecoin market and OM benefits from strategic developments, BlockDAG is actively pursuing a more dynamic and potentially lucrative strategy. Its crypto presale success has been a powerful driver for ongoing ecosystem growth, which now includes live applications and incentives such as airdrops.

The forthcoming exchange listings might lead to a significant supply-demand imbalance that could propel BDAG’s value, especially given its existing base of over 110,000 wallets.

Currently priced at just $0.0248 with a