Solana’s Memecoin Trading Boom Drives Record Daily Users on Unibot
The integration of Solana has brought a surge of new users to Unibot, the popular Telegram trading bot. Daily users on Unibot reached an all-time high on January 11, surpassing the previous record set in August last year. Since then, daily users have continued to climb, reaching 3,151 on January 15, a 43% increase from the previous record. This influx of users can be attributed to the growing popularity of trading meme coins and the seamless trading experience offered by Unibot’s integration with Solana.
Unibot’s Solana Integration Dominates Trading Volumes, Attracts Competitors
Unibot’s Solana launch has not only attracted a flood of new users, but it has also significantly increased trading volumes. Currently, Solana users account for 90% of Unibot’s user base and contribute to over 79% of the total trading volume. Since the integration on January 4, Unibot has generated $275,000 in fees, adding to the $534,000 it earned on Ethereum. This 50% increase in total fees generated showcases the success of Unibot’s migration to Solana and has caught the attention of competitors in the sector.
Solana’s Low Fees and Slick Interface Woo DeFi Traders to Unibot
The success of Unibot’s integration with Solana can be attributed to the blockchain’s low transaction fees and user-friendly interface. Solana has positioned itself as a platform with fast and inexpensive transactions, making it ideal for DeFi traders. Unibot’s migration to Solana has allowed it to tap into this user base and provide an efficient and cost-effective trading experience. As a result, Solana has become the preferred choice for many DeFi degens, further driving the growth of Unibot’s daily users and trading volumes.
Banana Gun Bot Joins Unibot’s Success on Solana, Generates High Fees
Unibot is not the only trading bot that has recognized the potential of Solana. Banana Gun Bot, one of Unibot’s main competitors, has also made the move to Solana and experienced similar success. Since its launch on Solana, Banana Gun Bot has generated over 270 SOL in fees, worth approximately $27,000 at current prices. The bot’s daily active users have also seen a significant increase, with 1,727 new users and 4,543 total users interacting with the bot on January 16. This move by Banana Gun Bot further highlights the appeal of Solana for trading bot developers.
Unibot Token Soars 85% in a Month, Rewards Holders with Millions
The integration with Solana and the subsequent increase in trading volumes have had a positive impact on the price of Unibot’s native token. Over the past month, the price of the UNIBOT token has soared by 85%, currently trading at around $94. Holders of the UNIBOT token are rewarded with a share of the revenues generated by Unibot. To date, token holders have received over 4,496 ETH in total rewards, valued at over $11.3 million. Additionally, holders can earn even more rewards by referring other users to Unibot, with referrers earning 25% of the total fees generated by their referrals. Currently, holders can expect to receive a 9.43% APR on their UNIBOT holdings.
Analyst comment
Positive news: The integration of Solana has driven a surge in new users for Unibot, resulting in record daily users and increased trading volumes. Solana’s low fees and user-friendly interface have attracted DeFi traders, positioning it as the preferred choice. Competitors like Banana Gun Bot have also recognized Solana’s potential and experienced similar success. The price of Unibot’s native token has soared, rewarding holders with millions in revenues and potential high APR. Analyst prediction: The market will continue to see growth in daily users, trading volumes, and the price of Unibot’s token as Solana’s popularity and success in the sector attract more users and competitors.
