In recent developments, new research into automated trading on Solana found a nearly threefold difference in positive wrapped SOL outcomes inside one small group of bots. Transactions that invoked HumidiFi, which the paper classifies as a proprietary automated market maker, recorded a positive WSOL balance change about 62.3% of the time. Other transactions in the same 12-address group did so at a 21.01% rate. The comparison covered 244,733 HumidiFi-invoking transactions, including 152,502 with a positive WSOL balance change, and 218,678 other transactions, including 45,949 with a positive change. The rate ratio was about 2.97. The edge appeared in one narrow cluster The ASE 2026-accepted paper examined 200 addresses associated with two trading-oriented bot services on the Solana network. The researchers selected the top 100 addresses linked to Trojan and the top 100 linked to SolanaMevBot, then collected their transactions from Oct. 1 to Nov. 1, 2025. They grouped 158 addresses into four clusters using measures such as transaction intensity, execution success, fees, and asset breadth, while treating 42 addresses as noise. The paper also studied 586 public bot repositories, but that software sample was built separately and cannot be connected to the 200 on-chain addresses. Its authors published a replication package through Zenodo. Transaction-pattern reviews and service labels supported treating three clusters, totaling 56 addresses, as MEV-like. In this context, that meant the bots showed round-trip, cross-venue trading patterns consistent with arbitrage. WSOL appeared in 70.90% to 99.94% of transactions across those groups, but each cluster used a different venue mix. The 12-address group at the center of the profit-rate comparison routed heavily through Jupiter and also invoked proprietary AMMs including HumidiFi. The researchers identified venues from the programs called inside each transaction and mapped those program IDs using Solscan annotations. They said the routes may involve closed or specialized liquidity, but did not determine why the HumidiFi-linked transactions performed differently. Related Reading Solana users launched 11 million tokens in 2025, but a single stat reveals the brutal reality In 2025, Solana records unprecedented growth as ecosystem metrics hit historic highs despite token volatility. Jan 7, 2026 · Oluwapelumi Adejumo The study’s profit measure was a change between pre-transaction and post-transaction WSOL token balances. It was not a fully netted account of strategy returns that isolated fees, tips, timing, address behavior, route choice, or other potential differences. The data show a correlation within this cluster, not proof that HumidiFi access caused the gap. Related Reading Jito proposes a block marketplace to turn Solana into a ‘decentralized Nasdaq’ The Block Assembly Marketplace proposal includes private orders until execution, a public audit trail of every ordered bundle, and scheduling logic through Plugins. Jul 21, 2025 · Gino Matos A separate 102-address trading-operations cluster concentrated 80.9% of its activity on the Pump.fun ecosystem. Venue choice sharply separated the sampled bots’ activity, even on one blockchain. CryptoSlate has previously examined Solana’s subsidies for professional trading flow, bot-related congestion, and sandwich attacks on retail users. This study does not connect HumidiFi or the sampled bots to those harms. For ordinary DEX users, the finding suggests that participants on one chain can encounter different opportunities when their routing, infrastructure, or venue set differs. The study did not compare retail fills, slippage, or losses, so it cannot show that public-interface users were directly harmed. The measured transactions nonetheless reveal materially different conditions inside the sampled execution paths. Related Reading Kraken adds 2,500 unapproved Solana tokens to its app – says risk stays on-chain Kraken’s app now gives eligible users Solana DEX access while warning that the tokens remain outside its listing review. Jun 22, 2026 · Liam 'Akiba' Wright The post A tiny cluster of Solana bots unlocked a 3x trading advantage by routing through one proprietary protocol appeared first on CryptoSlate.
Looking closer, market participants highlight key drivers such as liquidity flows, macro risk appetite, regulatory headlines, and on-chain activity. Short-term swings often reflect liquidation cascades and funding imbalances, while spot volumes and exchange inflows set the broader tone.
Analysis: The medium-term picture hinges on whether buyers can sustain momentum without excessive leverage. If flows continue favoring majors like BTC and ETH, altcoins could experience a staggered rotation instead of a broad-based rally. Meanwhile, policy clarity in key jurisdictions remains a decisive catalyst; clearer rules typically compress risk premia and attract institutional allocations. Beyond price action, on-chain metrics such as active addresses, fees, and stablecoin velocity help validate trend strength.
Outlook: Over the next few weeks, observers will watch price acceptance above recent resistance, derivatives positioning, and ETF-related flows. A constructive setup would feature rising spot demand, contained leverage, and improving breadth across sectors such as DeFi, infrastructure, and Layer-2 ecosystems.
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