Banana Gun, a Telegram-based automated crypto trading bot, has reached a significant growth milestone, surpassing $8 billion in annual trading volume, Investing.com has learned.
Banana Gun's trading activity is now reportedly closely mirroring patterns traditionally seen on retail brokerage platforms like Robinhood and E*TRADE.
According to the data, the average trade size is approximately $635, roughly in line with typical retail stock and ETF transactions.
Banana Gun has processed $16.09 billion in cumulative volume and 25.3 million trades since its launch in 2023, supported by a global user base of 1.3 million.
The platform currently processes an average of 16,619 trades per day, placing it among some of the highest-volume automated trading services in the crypto space, according to the data reviewed.
Sources reported that the stability of user activity—approximately 19 trades per user and $12,400 in total trading volume per account over time—shows that automated execution is lowering barriers for new market participants who previously considered cryptocurrency trading too technically complex or time-consuming.
The company believes that the bot-based infrastructure is becoming the crypto equivalent of retail brokerage platforms, offering faster access to market opportunities as participation increases.