Automatic trading promoted the amount of 70% stabcoin transactions last year, with cross-powered activity crossing the atherium, a survey shows a survey.
New one survey By Crypto Exchange CEX.io, which cited Allium’s data suggests that automated trading bots have handled the amount of 70% StableCoin transaction in 2024, based on the analysis of blockchain activity in ethereum, base and solana Is.
According to the exchange, on average, 77%of the total stabelcoin transactions of 2024, a large -scale -run, parted by bot transactions, fell into an unknown category.
The BOT activity experienced four -fold growth compared to 2023, with its stake increased from 80% to 80% to 90%. The exchange says that this distilled figure means “70% of Stabelcoin transactions in 2024 were related to bot transfer.”
“The USDC dominated the uncontrolled category, to make more than 65% volumes. This outlines the fact that most of the USDC transactions were powered by activity bots. ,
CEX.io
Coinbase’s layer -2 network base saw the biggest impact as the bots pushed it beyond the atherium in raw numbers, showing the survey report.
“Networks like Solana and BASE, where USDC supply dominates, represents improper transactions representing more than 98% stabelcoin activity by December 2024. Due to BOT activity, BASE also Eatreum in total stabelcoin transactions in Q4 2024 in Q4 2024 Had managed to cross. “
CEX.io
The study also found that without BOT activity, the StableCoin transaction landscape would be “completely different”. According to CEX.io, the adjusted Stabelcoin transfer volume doubled in 2024, although it is “still behind the development of bot-powered activity.”
Tether’s (USDT) remains the major stablecoin for “organic” transactions, accounting for more than 68% of the adjusted volume. Paypal’s (Pyusd) showed the highest adoption growth, three times its share in the adjusted transactions, but still represented less than 2% of “organic” transactions activity.
