Unstoppable Memecoin Surge: Solana Trading Bots Earn $750M in 2024
In 2024, Solana cemented its position as the leading blockchain for Memecoin trading, generating over $3 billion in fees. Meanwhile, decentralized exchanges like Raydium saw the action and emerged to become major beneficiaries, raking up a total of $1.7 billion, of which Raydium contributed 80%. Trading BOTs, led by Photon, reached $750 million, while the […]