Raydium performed well in 2025, completing many key milestones throughout the year. As one of the mainstream DEXs, Raydium continues to drive innovation within the Solana ecosystem, from protocol upgrades to feature expansions, each step attracting considerable attention. This development trajectory reflects the project's ongoing commitment to the ecosystem and demonstrates how project teams in the DeFi space maintain competitiveness through product iterations. It will be interesting to see what new moves Raydium makes next in liquidity mining and trading pair innovations.