BONK Meme Coin Surges 50% in Week, Challenges TRUMP for Fourth Spot

BONK, a popular meme coin, has seen a remarkable price surge of over 50% in the past week, reaching a monthly peak of over $0.000022. This significant increase has positioned BONK in a competitive spot, vying with TRUMP for the fourth-largest meme coin by market cap. Despite the lack of clear announcements from the team that could explain this surge, the community remains optimistic, and analysts predict further gains.

Just a few weeks ago, BONK's price was struggling at $0.000012, with hopes fading rapidly. However, the tide turned dramatically in the following weeks, particularly in the last few days. One notable announcement from the team, though unlikely to be directly related to the price pump, urged owners of the Gen1 Solana Mobile device to claim their tokens. The team emphasized that all unclaimed tokens would be returned to the DAO for future incentives. This announcement coincided with the launch of Solana Seeker, marking the end of the redemption period for the Gen1 Solana Mobile device.

Crypto analysts have been quick to comment on BONK's price movement, predicting that it is only a matter of time before the coin breaks a descending trendline and heads for a new all-time high. Despite its recent surge, BONK is still more than 60% away from its all-time high of $0.00005825, which was reached on November 20. Some analysts have outlined several reasons that could drive a massive price surge, including growing token burns and the utilization of the meme coin platform bonk_fun. The weekly volume of BONK is now similar to the swing low of April 7th, and it tripled in the next 30 days, even before the launch of bonk_fun. If the 26 price resistance is broken and confirmed as support, BONK could potentially see a 5x to 10x increase in the next 30 days.

In addition to the factors mentioned, the anticipation of a potential 2x leveraged ETF launch has generated considerable excitement among investors. This news has fueled speculation and driven demand for BONK, contributing to its price appreciation. Furthermore, upcoming token burn events have added to the investor enthusiasm, as these events can create scarcity and potentially increase the value of the remaining tokens. The combination of ETF speculation and token burn events has created a favorable environment for BONK, leading to a substantial price increase.

BONK's association with the Solana ecosystem has also played a significant role in its price surge. Solana's resurgence and growing Total Value Locked (TVL) and NFT sales in the second quarter of 2025 have contributed to the positive sentiment surrounding BONK. As Solana continues to gain traction, BONK benefits from the broader ecosystem's growth, further driving its price upward. Despite the overall downturn in the cryptocurrency market, BONK has managed to maintain its upward trajectory, highlighting the strong investor interest and the unique factors driving its price appreciation.