Bonk Drops 5.98% Amid Solana Upgrade, Investors Eye Remittix

Bonk (BONK) is currently trading around $0.00001619, marking a 5.98% decrease for the day. Despite this drop, some investors remain optimistic, noting that previous large meme pumps on Solana have started with similar shake-offs. Meanwhile, others are shifting their investments into Remittix (RTX), a rising utility coin with yield-sharing mechanics.

This analysis of Bonk's price prediction examines the on-chain metrics, catalysts, and risks that will determine whether the dog-themed token can regain its top spot. The network health of Solana is crucial for BONK, as the recent Firedancer testnet has significantly improved Solana's throughput. Developers are already experimenting with quicker, cheaper mint functions on this upgrade. If main-net adoption mirrors test-net speed, Messari analysts predict that daily active wallets could double, supporting the bullish Bonk price prediction that the price could reclaim the $0.000028 swing high.

Historical data suggests that when BONK’s seven-day volume-to-market-cap ratio exceeds 0.6, the token has typically produced an average 45% rally over the next month. Despite the recent correction, weekly turnover remains above $1 billion, indicating that traders are rotating their positions rather than exiting the market.

Key charts also support a bullish Bonk price prediction. The four-hour chart shows bullish divergence between price and RSI, with OBV (on-balance volume) still increasing. Glassnode reports that wallets holding 1–10 billion BONK have increased their holdings by 8% since early April, the largest accumulation since the Christmas 2023 breakout. This wallet range led the last run-up, and many traders view their moves as an early indication of the next leg.

Options markets reflect similar optimism. April expiry calls at $0.000025 on Deribit now outnumber puts two to one. Implied volatility is near 80%, down from triple-digit January highs, suggesting that a significant but orderly move higher is within consensus Bonk price prediction models.

However, there are risks to consider. Liquidity has been fragmented by competition from newer Solana memes such as Dogwifhat and Popcat. BONK also relies heavily on Solana fees remaining low; any increase in congestion could drive traders to other chains. Additionally, macro headwinds remain. If Bitcoin fails to hold $100K after the halving, risk appetite could diminish, dragging meme coins down. In such a scenario, conservative Bonk price prediction ranges dip to the $0.000010–$0.000012 support zone, leaving BONK well above its 2023 lows but potentially causing near-term holders to face painful drawdowns.

While BONK fights for meme-coin dominance, Remittix (RTX) has its sights set on the $190 trillion payments market. The project’s swap-in engine allows anyone to send crypto, including BONK, and settle to a bank account in local cash within minutes. Each transaction burns some RTX and shares conversion fees with stakers, making the token a revenue-generating asset. At $0.0757, investors have already parked $14.7 million into RTX, snapping up 531 million tokens. If Remittix secures its pending EU e-money license and launches a Solana Pay hook this summer, even subdued adoption could push the cap into mid-nine figures, far lower than BONK’s but enough for a potential 5-10× return from current levels. This return profile has prompted some BONK whales to quietly swap some of their holdings for RTX, hedging hype with tangible utility.

A realistic Bonk price prediction puts the meme dog back to the vicinity of $0.00003 if Firedancer and new liquidity kick in, with stretch targets at $0.00005 if Solana meme season reignites. However, savvy traders can mimic the whales by pairing BONK’s high-beta upside with Remittix’s fee-sharing fundamentals. In crypto’s revolving kennel, having both bite and business could be the smartest way to chase gains.