Solana-based stablecoins have seen a surge in on-chain transaction volume, surpassing $1 trillion in just the first two months of 2022. As of February 22, Solana's monthly stablecoin turnover reached $643 billion, outperforming January's $531.32 billion. The majority of transactions occur on decentralized exchanges (DEXs) like Phoenix, which has attracted attention for its suspiciously high daily USDC transfer volumes. A closer look reveals that most of these trades are likely conducted by bots rather than humans, automating complex strategies like arbitrage. While bot activity can signal a sophisticated market, it can also inflate trading volumes and create a misleading picture of a network's trading activities.