TLDR:
🍌 $49K in bot fees: third week of decline, markets are officially hibernating.
🟣 SOL led again with $18K, down 32% but still the most consistent chain.
🔷 ETH pulled $14K, down 26% as mainnet activity cooled off.
🛠️ Devs shipped Mayhem protocol, input upgrades, and navigation improvements.
⚙️ Big builds still rolling: new BananaPro data source, Trenches V3, Wallet V2.
🌍 ETFs had their worst week since February with $2B in outflows.
Bot Fees & Chain Breakdown
This past week (10th to 16th November), Banana Gun pulled in $49,789 in total fees. After last week's $73,804, we're down another 33%. The DeFi markets are sleepy, and our volume reflects what's happening across the board.
Chain Breakdown & Week-over-Week:
🟣 SOL: $18,815 (~38%) | Previous Week: $27,655 Solana dropped 32% but still held the crown this week. Even in the slowdown, SOL traders keep showing up. That's consistency we can respect, even when the numbers are smaller.
🔷 ETH: $14,369 (~29%) | Previous Week: $19,375 Ethereum gave back 26% of last week's gains. The smart money's still around, just moving less frequently. When mainnet goes quiet, everyone feels it.
🟡 BSC: $11,637 (~23%) | Previous Week: $16,892 BSC slid another 31%. The retail apes are officially hibernating. Three weeks of consistent decline tells the story: the chain is waiting for the next catalyst to wake people up.
🔵 BASE: $4,777 (~10%) | Previous Week: $9,421 BASE dropped another 49%. After that brutal 83% hit last week, this week just kept the trend going. The L2 is in deep sleep mode right now.
🌐 Others: $191 (<1%) Minor chains contributing pocket change, but hey, every banana counts.
Total fees: $49,789 (vs. $73,804 last week)
Three weeks of decline in a row. We're not going to spin this: the market is slow, volume is down, and DeFi is taking a breather.
But here's what matters: we've weathered these cycles before, and the next wave always comes. Markets move in seasons, and this one won’t last forever.
We're still building, still improving, still here when the volume comes back. Because it always does. 🍌
As always, 40% goes straight back to holders.
"Banana Gun: patient this season, locked and loaded for the next."
Development Updates
Another week, another stack of Banana Pro updates. If it makes your trading sharper, your screen cleaner, or your workflow less annoying, we touched it.
🍌 Mayhem Protocol Integration
Mayhem protocol is now live in the app. You can hunt down these tokens yourself or just head to Trenches and filter by protocol. Either way, you're covered.
🍌 Input Field Upgrades Buy, Sell, and Snipe widgets got another round of input refinement. Numeric values now render cleaner and feel more responsive when you're punching in numbers mid-trade.
🍌 Platform-Wide Visual Tuning
We kept chipping away at the small stuff: label clarity, error message formatting, popover polish, and better data handling logic in token inputs. Nothing flashy, just tighter execution across the board.
🍌 Top Navigation Evolution
The top bar continues its rebuild. On the left, you'll find a new Referral section. On the right, next to Wallet, there's now a one-click option to create a custom layout. Less clicks, more control.
🍌 Wallet Tracker Refinements
More translations landed this week. We also cleaned up the UI popover, fixed a bug that blocked tracking on imported wallets, and tightened up label logic behind the scenes.
🍌 Positions Performance Boost
The position widget got a performance tune-up. It runs smoother now, especially when you're managing multiple entries.
🍌 Trenches Loading Speed
We pushed Trenches loading even faster this week. Less waiting, more moving.
🍌 Technical Infrastructure
Same as every week: we write tests, optimize performance, and keep the engine running clean. This week was no different.
🍌 What's In Development
We're actively building the next wave: a new data source for BananaPro, Trenches V3, Wallet V2, and a full Top Bar/Navigation/Instant layout overhaul. More soon.
“Banana Gun = faster, cleaner, sharper.” 🍌
Market Insights
Another week, another batch of headlines that sound scarier than they probably are. The market has been flat, but things are moving underneath.
SEC Chair Paul Atkins is entering what TD Cowen calls the "most important 12 months" of his tenure. Government shutdown is over, and now the focus is on writing actual crypto rules.
Atkins has until 2027 to finalize proposals if he wants them live before 2028, so the clock is running. Expect movement on tokenized equities, exemptive relief for platforms, and a clearer token taxonomy. Regulatory clarity might actually happen this time.
ETF flows just had their worst week since February. Over $2 billion left crypto products last week, bringing the three-week total to $3.2 billion in outflows. Bitcoin took the biggest hit at $1.38 billion out, but Ethereum actually did worse proportionally with $689 million gone. Even Solana and XRP products saw money walk. CoinShares says it's a mix of Fed uncertainty and crypto-native whales pulling back. The only green spot was Germany with $13.2 million in inflows. Everyone else is red.
Aave Labs just dropped their first mainstream app, coming to the Apple Store soon. No wallets, no gas fees, no smart contract headaches. Just deposit fiat from your bank or card and earn at least 5% yield backed by Aave's $30 billion protocol. It's DeFi for people who don't want to think about DeFi. If this works, expect more protocols to follow the same playbook.
Then there's the Ethereum supercycle talk. Tom Lee is comparing ETH's current setup to Bitcoin's post-2017 run, saying it could enter a multi-year rally fueled by Layer 2 growth and expanding use cases. He even threw out the idea of a 100x move, which sounds wild until you remember Bitcoin did over 10,000% since 2017 despite getting cut in half six times along the way. Whether ETH pulls it off depends on how much gets built on top of it, but the idea is out there now.
The charts look sleepy but the building hasn't stopped. The next phase is cooking, just not ready yet.
"Banana Gun: waiting for the market to remember it's supposed to move." 🍌
Community Highlights
The jungle did not hold back this week. Charts aside, the sharpest eyes on CT were very much awake.
@TheMonteDev pointed out the stuff you only notice when you zoom out. Charts always move, but consistency is hard to ignore.
@Dada119900 posted with the kind of level-headed read you only get from someone who actually watches fundamentals instead of candles. Calm, grounded, no wishful thinking, just real perspective.
And @Nam_1r wrapped it all up with peak timeline prophecy energy. The kind of message that could age extremely well (whenever momentum finally snaps back).
See you next recap. 🍌
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Source of Data:
Banana Gun | Important Links
