The Solana Telegram bot ecosystem has reached a milestone with a trading volume of $211 million, led by the Trojan bot with a volume of $93.7 million. The BonkBot still holds the largest share of the DEX bot market in terms of lifetime trading volume. Solana's network activity has surged, outpacing Ethereum's since October 19. The DEX bot activity on Solana has seen a significant increase in trading volumes. This has positively affected SOL, which is up by 15% this week. Solana's DEX Raydium has surpassed Ethereum in daily fees collected. The current liquidation map shows a bullish sentiment among SOL traders. Solana's exchange-traded products have also seen developments, with VanEck introducing staking rewards to its Solana ETNs in the European market. The future of a Solana ETF in the US is uncertain as decisions are unlikely before the upcoming election.
- Content Editor ( beincrypto.com )
- 2024-10-25
Solana Telegram Bot Trading Volume Hits a Record $211 Million