Solana Telegram bot ecosystem hit a new milestone yesterday, with trading volume reaching $211 million, as reported by Dune Analytics.

The Trojan bot led this surge, recording a trading volume of $93.7 million, which accounts for nearly 44.4% of the total. The bot was launched earlier this year as a rebranded version of Unibot.

Solana Bots Continue to Dominate the DEX Trading Market

In terms of lifetime trading volume, BonkBot still holds the largest share of the DEX bot market. BonkBot’s lifetime trading volume currently stands at $8.69 billion, followed by Maestro and Trojan. 

However, Trojan has recently dominated the market in terms of average weekly volume. Data from Dune shows that Trojan’s weekly volume accounts for 39% of the entire DEX bot sector trading. This is followed by BonkBot, which accounts for 13.6%. 

Read more: Do Crypto Trading Bots Work?

Solana’s network activity surged to a peak as its Real Economic Value (REV) — a key measure of blockchain revenue — hit a record $11.1 million on October 24, likely driven by a recent spike in meme coin trading.

Since October 19, Solana’s economic activity has consistently outpaced Ethereum’s, marking a notable shift in the market. Additionally, DEX bot activity on Solana has skyrocketed, with daily bot trading volumes soaring nearly 70-fold in two months, from around $30 million in September.

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Author: Mohammad Shahid