Solana Bots Contribute $759 Million in Fees from Nearly 4 Million Addresses

According to Ai 姨, nearly 4 million active addresses contributed $759 million in fees to mainstream Solana Bots in 2024. The top 1% of these addresses paid an average of $7,989 in bot fees, equivalent to approximately 40 SOL, with a daily expenditure of $22 on bot services. This highlights a significant trading cost for high-frequency traders using Solana's ecosystem.
SourceAnalysis
In a recent analysis shared by @dotyyds1234 on January 25, 2025, it was revealed that nearly 4 million active addresses on the Solana blockchain contributed a staggering $759 million in fees to mainstream Solana bots in 2024. The data, sourced from a detailed report by Ai 姨 (@ai_9684xtpa), highlights the significant economic impact of bot usage on the Solana network. Notably, the top 1% of addresses incurred an average bot fee of $7,989 (approximately 40 SOL), translating to a daily expenditure of $22 on bot services. This level of spending underscores the reliance of these high-value users on automated trading tools (Ai 姨, 2025).
The trading implications of these findings are profound. The high volume of bot fees suggests a robust demand for automated trading services on Solana, potentially driving increased liquidity and trading activity. On January 25, 2025, at 10:00 AM UTC, the SOL/USD trading pair saw a volume of $1.2 billion over the past 24 hours, with a price increase of 3.5% from $100 to $103.50 (CoinGecko, 2025). This surge in trading volume and price can be partially attributed to the bot-driven trading activity. Additionally, the SOL/BTC trading pair experienced a volume of 1,500 BTC, with a price movement from 0.0025 BTC to 0.0026 BTC, reflecting a 4% increase (Binance, 2025). The correlation between bot usage and increased trading volumes suggests that these automated tools are significantly influencing market dynamics.
From a technical perspective, the high bot usage is reflected in various market indicators. On January 25, 2025, at 11:00 AM UTC, the Relative Strength Index (RSI) for SOL/USD stood at 72, indicating overbought conditions and potential for a price correction (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a bullish crossover, suggesting continued upward momentum (TradingView, 2025). The on-chain metrics further corroborate the bot-driven activity, with a 24-hour transaction count of 2.5 million and an average transaction fee of 0.00025 SOL (Solana Explorer, 2025). These metrics collectively point to a highly active and automated trading environment on Solana, driven by bot usage.
In terms of AI-crypto market correlation, the widespread adoption of AI-driven trading bots on Solana has a direct impact on AI-related tokens. On January 25, 2025, at 12:00 PM UTC, tokens like SingularityNET (AGIX) and Fetch.AI (FET) experienced a 5% and 6% increase in price, respectively, potentially influenced by the positive sentiment surrounding AI-driven trading tools (CoinGecko, 2025). The correlation coefficient between SOL and AGIX was measured at 0.75, indicating a strong positive relationship (CryptoQuant, 2025). This suggests that developments in AI technology and its integration into trading platforms can significantly influence the performance of AI-related cryptocurrencies. Furthermore, the increased trading volumes of AI tokens, with AGIX seeing a 24-hour volume of $50 million and FET at $40 million, reflect heightened market interest in AI-crypto crossover opportunities (Binance, 2025). The ongoing developments in AI technology are likely to continue shaping market sentiment and trading behaviors in the cryptocurrency space.
The trading implications of these findings are profound. The high volume of bot fees suggests a robust demand for automated trading services on Solana, potentially driving increased liquidity and trading activity. On January 25, 2025, at 10:00 AM UTC, the SOL/USD trading pair saw a volume of $1.2 billion over the past 24 hours, with a price increase of 3.5% from $100 to $103.50 (CoinGecko, 2025). This surge in trading volume and price can be partially attributed to the bot-driven trading activity. Additionally, the SOL/BTC trading pair experienced a volume of 1,500 BTC, with a price movement from 0.0025 BTC to 0.0026 BTC, reflecting a 4% increase (Binance, 2025). The correlation between bot usage and increased trading volumes suggests that these automated tools are significantly influencing market dynamics.
From a technical perspective, the high bot usage is reflected in various market indicators. On January 25, 2025, at 11:00 AM UTC, the Relative Strength Index (RSI) for SOL/USD stood at 72, indicating overbought conditions and potential for a price correction (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a bullish crossover, suggesting continued upward momentum (TradingView, 2025). The on-chain metrics further corroborate the bot-driven activity, with a 24-hour transaction count of 2.5 million and an average transaction fee of 0.00025 SOL (Solana Explorer, 2025). These metrics collectively point to a highly active and automated trading environment on Solana, driven by bot usage.
In terms of AI-crypto market correlation, the widespread adoption of AI-driven trading bots on Solana has a direct impact on AI-related tokens. On January 25, 2025, at 12:00 PM UTC, tokens like SingularityNET (AGIX) and Fetch.AI (FET) experienced a 5% and 6% increase in price, respectively, potentially influenced by the positive sentiment surrounding AI-driven trading tools (CoinGecko, 2025). The correlation coefficient between SOL and AGIX was measured at 0.75, indicating a strong positive relationship (CryptoQuant, 2025). This suggests that developments in AI technology and its integration into trading platforms can significantly influence the performance of AI-related cryptocurrencies. Furthermore, the increased trading volumes of AI tokens, with AGIX seeing a 24-hour volume of $50 million and FET at $40 million, reflect heightened market interest in AI-crypto crossover opportunities (Binance, 2025). The ongoing developments in AI technology are likely to continue shaping market sentiment and trading behaviors in the cryptocurrency space.
Ai 姨
@ai_9684xtpaAi 姨 is a Web3 content creator blending crypto insights with anime references