Solana, Popcat, Raydium, THORChain cryptos to watch this week

Raydium, a decentralized exchange built on Solana, recently outpaced Ethereum in daily fee collections, highlighting a growing trend in its network usage. In a 24-hour span from Sunday to Monday, Raydium collected $4.12 million in fees, surpassing Ethereum’s $3.55 million. This surge has also boosted Raydium’s native token, RAY, and the ongoing momentum suggests the potential for RAY to reach even higher levels.

Currently, Raydium is trading at $3.28, a 38% increase in a week.