Investing.com -- Banana Gun, an automated, Telegram-based crypto trading bot, has reached a major growth milestone, surpassing $8 billion in annualized trading volume, Investing.com has learned.

Banana Gun’s trading activity is now said to closely track patterns traditionally seen on retail brokerage platforms such as Robinhood and E*TRADE.

According to the data, average trade sizes are hovering around $635, roughly in line with typical retail equity and ETF transactions.

Banana Gun has processed $16.09 billion in cumulative volume and 25.3 million trades since its 2023 launch, supported by a global user base of 1.3 million.

The platform is currently averaging 16,619 trades per day, a level that puts it alongside some of the highest-volume automated trading services in crypto, according to the figures reviewed.

Sources said the consistency of user activity, roughly 19 trades per user and $12,400 in lifetime trading volume per account, shows that automated execution is lowering barriers for newer market participants who previously found crypto trading too technical or time-intensive.

The company believes that bot-driven infrastructure is becoming a crypto-native equivalent to retail brokerage platforms, offering faster access to market opportunities as participation widens.