PANews reported on November 20th that the on-chain transfer volume of the Solana blockchain recently hit a historic high, but market intelligence company Glassnode claimed that most of the activity was carried out by bots. In a post on November 19th, Glassnode pointed out that the transfer volume of Solana reached a historic high of $318 billion on November 16th, nearly three times the total Market Cap of SOL ($112.5 billion). The total number of active addresses on Solana has soared to 22 million. However, Glassnode pointed out that the average volume and median volume are declining at the same time. This has raised questions about the authenticity of Solana's indicators, because if the rise is organic, then the average level should accompany a similar rise. To explain this phenomenon, Glassnode stated: "This pattern of inflated network activity may indicate bot-driven activity, which historically has led to similar trends in Solana." The increase in activity may be the reason for the recent increase in fees and network revenue. Data from DefiLlama shows that on November 20th, Solana's daily revenue reached a historical high of nearly $6 million, with network participants paying $7.63 million in Money Laundering. Additional data from Blockworks Research shows that on November 19th, Solana's Realized Economic Value (REV) reached a historical high of $26 million.