After the success of HNT (Helium), Megabot could be the next utility gem on the Solana network.

After the success of HNT (Helium), Megabot could be the next utility gem on the Solana network.

Recently, Solana has shown impressive performance, attracting a lot of investors to explore its network. Yesterday was the first time when Solana DEX volume went higher than the ETH DEX volume.

While most of the projects on Solana are memecoins like Bonk, (unlike ETH or BSC networks with both memes and strong utilities), HNT (Helium) and Megabot stand out as best real utility projects on the Solana network.

Helium is a blockchain-based network connecting IoT devices. Helium enables communication between devices, while the system sends data across the network nodes. With a total supply of 159 million tokens and a price of 7$, Helium reached a peak volume on both Binance and Raydium decentralized exchange.

Turning our attention to Megabot, which is currently launched on ETH, the team has announced plans for a new pair on the Solana network with an upcoming pre-sale.

Megabot already introduced an automated AI trading utility working on Ethereum and BSC networks. This utility uses the power of AI algorithms, enabling users to earn up to 30% monthly profit through sniping and trading on DEX platforms like Uniswap and PancakeSwap.

Following the Solana pre-sale, the team aims to integrate their algorithmic operations with the Solana network, attracting Sol users to the project.