Solana ecosystem DEX Raydium announced that it has spent a total of $190 million to repurchase RAY tokens, accounting for 25% of the circulation. This wave of operations is too ruthless. It directly absorbs money from the market to repurchase. It feels that Raydium is playing a long-term layout, reducing the circulation to stabilize the price and avoid those meme-like surges and plunges. Combined with the recent revenue surge of Pump.fun and Letsbonk, the Solana ecosystem is in full swing. This repurchase is not only a manifestation of confidence, but also implies that TVL will continue to explode in the future. Brothers, keep an eye on Solana. The next wave of DeFi craze may be here. It is recommended to stock up more RAY to avoid missing the rise.