Bonk (BONK) is back in the spotlight after an explosive rally, cementing its place as one of the hottest tokens in the market this week. As Ethereum begins its own recovery, Bonk appears to be riding the wave, gaining traction among traders and meme coin enthusiasts alike.
Currently trending at number two across major platforms, BONK has posted a sharp 7% gain over the past 24 hours, is up 24% on the week, and has climbed nearly 27% over the past month.
With 24-hour trading volume nearing $200 million, Bonk is once again proving it’s more than just a meme—it’s a movement. While the broader crypto market is showing renewed bullish momentum—up around 2%—overall trading volume has dipped 15%.
The Fear and Greed Index remains in fear territory at 27. Despite this, Bitcoin has climbed back to $85,000, and Ethereum has reclaimed the $1,600 mark. This environment has created the perfect setup for Bonk to shine.
In addition to Bonk, another Solana-based meme coin is riding the rally—Solaxy, a project leveraging a Layer 2 solution that has already raised nearly $30 million.
Source – 99Bitcoins YouTube Channel
Bonk Price Prediction
One major reason behind Bonk’s recent 30% surge is the announcement to burn a large number of tokens—280 billion BONK, to be exact. This news, combined with growing investor interest in meme coins, has pushed Bonk to new highs.
The plan to burn 280 billion BONK tokens has sparked strong excitement in the Bonk community. The burn targets exactly 278,393,137,215 BONK and aims to shrink the circulating supply. The DAO collects this amount through its revenue-sharing agreement with BONKBot.
BONKBot, a Telegram trading bot for Solana, charges a 1% fee on every trade. It then sends 10% of that fee directly to the BONK DAO.
Community members see this burn as a smart move to tighten supply and boost long-term growth. While the proposal still awaits final approval, interest in Bonk has soared—pushing price predictions even higher.
From a technical perspective, Bonk is flashing bullish signals. The Relative Strength Index (RSI) currently sits at 78, indicating potential overbought conditions in the short term. However, if BONK breaks above key resistance levels and flips the 4-hour 200 EMA into support, the path to new all-time highs may open up.
Bonk’s community remains one of its strongest forces. With nearly 400,000 followers on X (formerly Twitter), the “BONKers” keep the momentum alive by sharing memes, engaging in discussions, and spreading the word. This grassroots energy stays strong, fueled by frequent updates and smart partnerships.
Bonk has climbed back into the top 100 cryptocurrencies, now ranked #63 with a $187 million market cap. Among meme coins, BONK sits just below TRUMP, holding the number five spot with a market cap nearing $600 million.
The momentum behind Bonk points to further potential gains. With its deflationary mechanics, vibrant community, and favorable market conditions, BONK is shaping up as the next big play in the meme coin sector.
Crypto remains unpredictable, but Bonk’s upward trajectory reflects growing investor confidence. If the burn strategy keeps driving demand, BONK could be gearing up for a breakout to new highs.
Next Big SOL Meme Coin – Solaxy (SOLX)
Solaxy (SOLX) has already pulled in over $29.8 million, quickly emerging as one of 2025’s standout presales. Priced at $0.001692 during the current presale phase, $SOLX will see price hikes in the upcoming rounds—giving early buyers the chance to lock in gains.
To join in, simply visit the Solaxy website and connect a wallet. For the smoothest experience, use Best Wallet. It allows users to view their $SOLX tokens before launch and offers easy multichain access across Ethereum and Solana.
Those seeking passive income can tap into the $SOLX staking protocol, which offers an estimated APY of 136%. Participants have already staked more than 8.4 billion $SOLX tokens. Once the presale wraps up, the team plans to launch $SOLX on a major DEX.
Solaxy follows a well-structured tokenomics plan: 25% of the supply goes toward staking rewards, 30% fuels ongoing development, and 15% supports marketing efforts.
Built as a Layer-2 solution for Solana, Solaxy addresses some of the network’s most pressing challenges by handling operations off-chain. It batches transactions into rollups and sends them to Solana’s mainnet for final settlement, slashing fees and speeding up processing.
Beyond that, Solaxy connects Solana to Ethereum, enabling seamless asset transfers between the two networks and boosting liquidity. This design streamlines high-volume trading—especially meme coin activity—while adding more versatility to the Solana ecosystem.
The team keeps momentum going by posting frequent development updates on the project’s website. The March 25 update shed light on major advancements.
They unveiled a new sequencer integration powered by the Sovereign SDK, which enables “soft confirmations” so users can quickly verify their transactions before full processing.
Developers also fine-tuned rollup performance by adding a caching system and began refining the bridge UI in collaboration with Hyperlane. These upgrades aim to strengthen security and improve the overall user experience.
