New Opportunities for Solana: The Rise of Atomic Arbitrage!
With major DEXs offering personalized priority fee options and anti-sniping measures, the profits from sandwich attacks on Solana have significantly decreased, with only 582 SOL remaining on May 6, far below the average of 10,000 SOL per day a few months ago. However, a new type of atomic arbitrage has rapidly emerged as a major source of trading. Data shows that the on-chain proportion of atomic arbitrage is astonishing: the fee ratio once reached 74.12%. This means that for every two transactions on the Solana chain, one is used for atomic arbitrage.
Atomic arbitrage involves executing multiple arbitrage operations in a single transaction, effectively eliminating the risks associated with traditional arbitrage. Although recent data shows that profits from atomic arbitrage on Solana are considerable, with monthly profits reaching 120,000 SOL, the underlying costs cannot be ignored, and many participants may face losses. In fact, in this arbitrage competition, a small number of efficient bots earn substantial profits, while most struggle to be profitable.
Moreover, the growth potential of SOL should not be underestimated! SOL has long seized the potential of meme trends, creating a new wave of memes, and those with spare cash are daring to position themselves early in some promising meme coins. Among them, meme coins associated with Trump have become particularly popular, especially the hero dog Co nan, backed by Trump's strong IP and active community. Affected by the market, its market cap once fell below the 10M dollar mark, but days later it returned to above 10M dollars, demonstrating strong resilience, which presents a great opportunity for entry and accumulation. The number of holders has exceeded 13.5K and continues to grow, making it highly potential to become a dark horse in the bull market!
If everyone wants to gain further insights into the development of the entire cryptocurrency space and the meme sector, feel free to contact Meme交流區 for a discussion!
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