Pudgy Penguins (PENGU) Price Surge: OBV & Volume Fuel Breakout Momentum in 2025

Pudgy Penguins (PENGU) isn’t just waddling—it’s sprinting. On-chain metrics scream bullish as OBV and trading volume lock into a rare alignment. Forget the 'flippening'—this is the 'penguining.'

Why now? The breakout defies the usual crypto circus—no Elon tweets, no vague 'partnerships'—just pure, unfiltered demand. Volume spikes suggest whales are stacking, not dumping.

But let’s not pretend this is altruism. The same institutions that called NFTs 'degenerate art' in 2022 are now quietly accumulating. Classic finance hypocrisy—bet against it, then bank on it.

Technical outlook? If PENGU holds above the 2024 ATH, the next target’s 30% north. But watch the 20-day MA—crypto’s version of a tightrope.

Closing thought: In a market where 'utility' often means 'excuse to pump,' Pudgy Penguins at least has something tangible—a cult following. And in crypto, that’s worth more than a whitepaper.

As PENGU sits just 5% below its January highs, momentum is building fast. With volume rising and smart money stepping in, participants are eyeing a potential breakout that could send the meme coin into uncharted territory.

PENGU Breaks Above $0.04 as Momentum Reignites

PENGU has officially reclaimed the $0.04 mark, pushing into new local highs and signaling renewed bullish momentum. The breakout comes after a period of consolidation that allowed the market to reset, and now price is breaking cleanly above short-term resistance with volume ticking higher. Structurally, the chart shared by broski suggests a rounded base has formed, giving the MOVE upward a more sustainable look rather than a sharp, overextended spike.

PENGU reclaims $0.04 with rising volume, breaking past key resistance after forming a rounded base. Source: broski via X

This $0.04 reclaim is more than just a psychological level; it’s also where the last major rejection occurred, making the breakout technically significant. If Pudgy Penguins can establish support above this level over the coming sessions, the setup may evolve into a true price discovery phase.

Pudgy Penguins Flips BONK as Solana’s Top Meme Coin

Fresh off its breakout above $0.04, Pudgy Penguins has now overtaken BONK to become the number one meme coin on the solana network by market cap. This flip isn’t just symbolic, it marks a shift in market sentiment and momentum, especially with PENGU posting a strong 40.3% weekly gain compared to BONK’s 15.4%. With the market cap now slightly edging above $2.82 billion, PENGU is cementing its spot as a serious player in the meme coin space.

PENGU flips BONK to claim the top meme coin spot on Solana after a 40.3% weekly surge. Source: Kokino via X

PENGU Holder Base Expands Rapidly as Smart Money Moves In

The strength behind PENGU’s recent price surge is being reinforced by what’s happening under the hood. According to Whale Insider, the meme coin has now surpassed 868,000 unique holders, a significant jump that adds weight to the idea that this isn’t just a short-term HYPE cycle. A growing and engaged holder base often helps maintain price stability during market pullbacks, which could give PENGU more staying power compared to previous cycles.

Smart money activity is also starting to align with retail momentum. As shown by The Solana Post using data from StalkChain, PENGU has emerged as the most bought token by large buyers over the past 24 hours.

PENGU tops the list as the most bought token by large buyers in the past 24 hours, according to StalkChain data. Source: The Solana Post via X

Key Points To Note:

• Holder count surpasses 868K, indicating broad-based accumulation.
• Most bought token by smart money in the past 24 hours, per StalkChain.
• Strong volume confirms rising interest from both retail and whales.

With both structural and behavioral metrics lining up, Pudgy Penguins’ recent breakout above $0.04 is starting to look like more than just a short-term spike. The data suggests a shift in base demand, giving the current rally deeper legs.

PENGU Clears Final Major Resistance as Price Discovery Looms

PENGU’s latest move has pushed it through the $0.045 range, and according to the chart shared by CryptoBruh, there’s little to no visible resistance until the $0.10 zone. This leaves the door wide open for a potential accelerated move higher, particularly if volume continues to follow through. Price has cleanly broken above the last major supply zone.

PENGU breaks above $0.045, with open air toward $0.10 as price discovery phase begins. Source: CryptoBruh via X

With momentum now pushing into open air, this could mark the start of a genuine price discovery phase where historical data offers little to cap upside. Holding above $0.045 will now be key for continuation.

OBV Strength Confirms Price Action

As price pushes toward uncharted territory, the OBV (On-Balance Volume) is echoing the strength behind PENGU’s breakout. In Jesse Peralta’s chart, both price and OBV are on the verge of printing new all-time highs simultaneously, a rare alignment that typically signals strong conviction from buyers. When OBV trends upward in tandem with price, it suggests that volume is not just present but flowing consistently in favor of the bulls.

PENGU’s OBV and price NEAR all-time highs together, signaling strong bullish conviction. Source: Jesse Peralta via X

This divergence-free push higher adds another LAYER of validation to PENGU’s recent momentum. OBV, often used to detect underlying accumulation or distribution before price reflects it, has been climbing steadily.

Now, with both metrics closing in on ATHs, the risk of overhead supply remains low, and the potential for continued trend extension grows stronger.

Final Thoughts

With smart money piling in, unique holders crossing 868K, and OBV confirming the trend with no signs of hidden weakness, this rally has more going for it than hype alone. PENGU Pudgy Penguins look healthy, the volume is following through, and resistance levels are fading fast. It’s setting the stage for potentially an even bigger rally.