- Trojan led Solana Telegram bot trading, with $93.7 million in volume, representing 44.4% of total transactions.
- Unibot saw increased users and revenue after integrating with Solana, offering rewards to token holders.
According to the whale_hunter panel on Dune, trading volumes of Solana Telegram bots peaked at $211 million on a day. With a trading volume of $93.7 million—about 44.4% of the total daily transactions— Trojan stood out among the several bots on the site as having the best performance.
Growing Importance of Trading Bot in Decentralized Finance
Trojan’s success reflects the greater trend of bot adoption over several blockchain systems as well as a monument to the growing dependence on automated trading. Actually, bots are turning into a necessary tool in crypto systems since they provide users faster and more efficient transaction speeds.
As these trading bots keep becoming popular, they are becoming increasingly important for the spread of the decentralized financial (DeFi) space.
Other Telegram-based bots are witnessing comparable rises concurrently. Since connecting with the Solana blockchain, another well-known trading bot, Unibot, has seen a notable increase in both user engagement and income, according to a prior CNF report.
Unibot’s token clearly shows its increasing popularity since its value increased by 85% throughout the past month. Moreover, the site gives token holders pleasing incentives, which increases even more involvement from the crypto community.
Still, every bot on Solana experiences not quite flawless sailing. Concerns about BonkBot, a Solana network bot used for trading meme tokens such as BONK, have lately appeared. As we previously reported, renowned Dogecoin developer Mishaboar warned about a possible BonkBot hack.
This warned the community and sparked a lot of conversation about the bot’s security. Responding to these worries, the BonkBot development team swiftly explained that the vulnerabilities claimed came from elsewhere inside the ecosystem rather than being directly tied to their bot. They informed consumers that BonkBot itself stays completely functional and safe.
