TLDR:
🍌 $51.3K in bot fees: second red week, down 28%, market taking a breather.
🟣 SOL carrying hard: $32.5K (~63% share), dominated volume, other chains cooled.
🔷 ETH consolidating: down 15% to $10.5K, mainnet in quiet phase.
🟡 BSC paused: down 67% to $7K, retail taking a break between catalysts.
👥 Team expansion: hired 3 new people (2 frontend, 1 QA) for faster shipping.
🌍 Whale activity: 9-year ETH wallet moved $145M, $1.7B ETF outflows.
Bot Fees & Chain Breakdown
This past week (19th January to 25th January), Banana Gun collected $51,253 in total fees. Following last week's $71,501, we're down 28%. Two red weeks back-to-back now. The market gave us hope with a non-stop 7 week rise, and now looks sluggish again, it really feels like a rollercoaster.
Chain Breakdown & Week-over-Week:
🟣 SOL: $32,507 (~63%) | Previous Week: $34,393
Solana dipped 5% but completely dominated the week's volume. Carried nearly two-thirds of the total on its back, with consistent $3.5k-$6k daily performance. While everything else faded, SOL kept the engine running.
🔷 ETH: $10,464 (~20%) | Previous Week: $12,363
Ethereum slid another 15%, continuing its slow bleed from two weeks ago. Stayed stuck in the $900-$1,800 range all week with zero breakout moments. Mainnet's taking an extended siesta.
🟡 BSC: $6,967 (~14%) | Previous Week: $20,859
BSC cooled down 67% after its recent hot streak. The retail crowd's taking a breather, but that's how this chain works: explosive bursts followed by quiet periods. The foundation is always there, just waiting for the next catalyst to bring the BSC apes back.
🔵 BASE: $718 (~1%) | Previous Week: $3,235
BASE pulled back 78% and had some quiet days this week. The L2 is in a consolidation phase after the Pro launch excitement. These lulls happen, and they usually precede the next wave of activity when traders rediscover what's possible on the chain.
🌐 Others: $597 (~1%) Virtual routers contributing steadily in the background.
Total fees: $51,253 (vs. $71,501 last week)
Two consecutive down weeks: the market is clearly asleep, but that's just crypto being crypto. Volume goes up and down, and the quiet periods are always when the next moves get set up.
We're staying sharp, the infrastructure's stronger than ever, and we'll be ready when the market decides to wake up.
As always, 40% goes straight back to holders.
"Banana Gun: getting ready for when volume returns." 🍌
Development Updates
No real dev update this week, but for a very good reason. Just trust us. ⏳
While you wait, here's what else is moving behind the scenes: we just brought three new people onto the team, two frontend engineers and an additional QA.
You can expect faster shipping, tighter execution, and more features landing in shorter cycles now.
With this team, 2026 is the year of shipping and spreading awareness. We are insanely bullish on what we're cooking, and we can't wait to show you more.
"Banana Gun: the countdown is on." 🍌
Market Insights
This week had everything from ancient wallets waking up to macro chaos doing macro chaos things.
First headline that made people sit up straight: an Ethereum whale from 2017 decided to stretch its legs. After more than nine years of silence, over 50k ETH moved, with most of it landing on Gemini. That is roughly $145M sliding onto an exchange, which usually makes traders raise an eyebrow. The wild part is the backstory. This wallet was built when ETH was around $90. What was worth about $12M back then is now north of $400M including what is still sitting untouched. Whether this turns into selling or just housekeeping, it is a reminder of how long some of this capital has been parked and how patient the real winners often are.
On the institutional side, vibes got worse. Crypto ETFs just printed their heaviest weekly outflows since November, about $1.7B leaving the door. Bitcoin led the exits, ETH followed, and even XRP could not catch a bid. The only asset swimming against the current was Solana, quietly pulling in fresh capital while everything else bled. Regionally it was the usual split. The US sold, while Switzerland, Germany and Canada saw the dip and pressed buy. Same chart, different reactions around the world.
Zooming out to macro, it was another reminder that TradFi panic does not ask for permission. Gold ripped past $5,000 an ounce, silver went vertical, and January has turned into an up-only month for metals. All of this while US shutdown fears crept back in and indices opened the week with ugly gaps. Bitcoin dipped into the mid 80s, shook out some late longs, then bounced back toward $88k. Nothing crazy, but not dead either.
Old ETH waking up, ETFs bleeding, gold acting like the world is ending, and Bitcoin just refusing to collapse.
Exactly the kind of market that rewards paying attention instead of falling asleep. 🍌
“Banana Gun: old whales waking up, future whales positioning.” 🍌
Community Highlights
The accumulation phase is apparently in full effect.
@SurgeArmy quoted @SquiddyFromSea's accumulation take and admitted they might have gone a bit too hard. Potassium overdose is a real concern at this point. Check with a doctor.
@BananaIntern really just posted their 1000+ $BANANA stack and asked everyone else for a size check. If you're holding, you know what to do. Show your bananas or stay quiet. 🍌
@James_Ecuador noticed volume and fees climbing without the price following yet. Usually means something's cooking.
The community has been active this week. Let's see who else wants to flex their holdings.
See you next recap. 🍌
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Source of Data:
Banana Gun | Important Links
