According to @justinsuntron, Wrapped Bitcoin (WBTC) is now available on Raydium Protocol, enabling traders to access new liquidity pools and trading pairs within the Solana DeFi ecosystem. This integration offers increased cross-chain trading opportunities, allowing users to trade WBTC directly on Raydium with lower fees and faster transactions compared to traditional Ethereum-based platforms. The move is expected to enhance WBTC's utility and trading volume in the Solana network, potentially impacting both DeFi yield strategies and broader crypto market liquidity. Source: @justinsuntron, June 5, 2025.

According to @lookonchain, a trader made a significant profit of 4,721 SOL (approximately $802.5K) by trading $CTO within just one hour. This gain represents a 94x return. The $CTO token was recently launched as a MEMEcoin on the Raydium Protocol via the @makenowmeme platform. The trader invested 50 SOL (around $8.5K) to purchase 256.8 million $CTO tokens and was the third address to buy $CTO. He later sold 227.67 million $CTO for a substantial profit.