BONK Surges Back: Solana ETF Hype & Ecosystem Boom Fuel 2025 Rally
Solana's meme coin darling BONK is painting charts green again—riding a perfect storm of ETF speculation and network growth.
The catalyst? Wall Street's sudden obsession with a potential Solana ETF. Traders are piling in, betting regulators will approve the first crypto ETF beyond Bitcoin and Ethereum.
Meanwhile, Solana's DeFi ecosystem keeps churning. NFT volumes spiking, stablecoin transfers hitting records—it's all feeding the BONK resurgence. Even the 'serious' investors are now forced to acknowledge the meme coin's 30-day tear.
Cynics whisper this is just another liquidity pump before the inevitable dump. But for now? The charts don't lie—and neither do the traders flipping BONK bags into Lambo dreams.
Technical Analysis Highlights
- BONK traded in an 8.7% range between $0.0000218 and $0.0000235 from July 6 at 15:00 UTC to July 7 at 14:00 UTC.
- Volume spiked to 2.27T, marking a 67% surge over the daily average and confirming a high-volume breakout.
- BONK found solid support at $0.0000218, with consistent buying pressure throughout the session.
- A sharp rally peaked at 10:00 UTC, followed by a breakout to $0.0000230, which briefly acted as support.
- The token slipped 2.7% in the final hour, from $0.0000228 to $0.0000222, amid profit-taking.
- Volume surged to 42.3B at 13:26 UTC, followed by a late-session spike of 145B at 13:59 UTC, triggering a technical pullback.
- Support at $0.0000225 broke under pressure, now acting as resistance heading into the next session.
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