PENGU Overtakes BONK: Can Solana’s Meme Coin Star Break Into the Top 3 by 2025?

• How Did PENGU Dethrone BONK as Solana’s Top Meme Coin?
• What’s Fueling PENGU’s Meteoric Rise?
• Can PENGU Challenge PEPE for a Top 3 Spot?
• Exchange Listings Boost PENGU’s Reach
• 2025 Outlook: Can PENGU Stay on Top?
• Q&A: PENGU’s Meme Coin Dominance

In a dramatic shift, PENGU (Pudgy Penguins) has officially surpassed BONK to become Solana’s leading meme coin. With its market cap soaring to new heights in late July 2025, PENGU’s rise highlights the volatile yet fiercely competitive nature of meme coins. But can it sustain this momentum and challenge Pepe for a spot in the top 3? Here’s a deep dive into PENGU’s journey, its driving forces, and what lies ahead.

How Did PENGU Dethrone BONK as Solana’s Top Meme Coin?

By late July 2025, PENGU’s market capitalization surged past BONK’s, marking a pivotal moment in the solana meme coin race. This wasn’t PENGU’s first attempt at dominance—back in December 2024, it briefly overtook BONK before losing ground. However, the latest rally is backed by stronger momentum, fueled by cultural relevance and trading volume spikes, particularly in Asian markets. According to, PENGU’s price charts reveal a steep upward trajectory, attracting both retail traders and speculative investors.

The coin’s success ties closely to the Pudgy Penguins NFT brand, which has cultivated a loyal community and viral buzz. Unlike traditional meme coins, PENGU benefits from an established cultural footprint, translating NFT hype into token demand. High trading volumes on exchanges like BTCC and others in Asia have further accelerated its growth. As of August 2025, PENGU’s price has hit record highs, drawing comparisons to early dogecoin rallies. "It’s not just a meme—it’s a movement," remarked one analyst from the BTCC team.

Can PENGU Challenge PEPE for a Top 3 Spot?

With BONK in the rearview, PEPE—the third-largest meme coin by market cap—is now in PENGU’s crosshairs. Closing the gap WOULD require a significant valuation jump, but current trends suggest it’s plausible. Some traders speculate PENGU could crack the top 3 by late 2025 if momentum holds. However, meme coins are notorious for volatility; sustaining gains is the real challenge. Historical data fromshows similar surges (like Shiba Inu’s 2021 run) often face sharp corrections.

New listings on major platforms like BTCC have amplified PENGU’s accessibility and liquidity. These additions, coupled with 2025’s earlier exchange integrations, have mainstreamed the coin for retail investors. Increased visibility often precedes price rallies—a pattern seen with Dogecoin’s 2020-2021 ascent. "Listings validate credibility," notes a BTCC market strategist, "and PENGU’s got the HYPE to back it."

2025 Outlook: Can PENGU Stay on Top?

PENGU’s rise underscores the power of community-driven assets, but longevity hinges on more than hype. While a PEPE overtake seems possible, meme coins’ fickle nature means investors should brace for turbulence. The key question: Will PENGU evolve beyond a short-term sensation? For now, its charts—like the all-time graph below—paint a bullish picture.