Bonk Latest News: How Is Its Ecosystem Expanding and Market Performing?

As the most representative memetic currency in the Solana ecosystem, Bonk (BONK), has once again become the focus of the cryptocurrency field recently due to a series of ecological cooperation, technological upgrades, and market enthusiasm. This article will start from Price trend From four dimensions: ecological progress, institutional dynamics, and future prospects, we review the latest developments of Bonk.

BONK price and market performance

As of May 19, 2025, the price of BONK is reported at $0.0000188, with a 24-hour decrease of 5.53% and a 30-day increase of 39.31%. According to Gate market data, the current circulating market value of BONK has reached $1.5 billion, and trading activity has significantly rebounded. From a technical perspective, BONK’s weekly chart has formed a “head and shoulders bottom” reversal pattern, with a key support level at $0.000018 (50-day EMA), and a resistance range above at $0.000025-0.000028. The combination of MACD golden cross and RSI in the neutral zone indicates that bullish momentum is still building up.

On-chain data also confirms market confidence: in the past 7 days, the number of new contract interaction addresses has increased by 35%, the number of holding addresses has exceeded 2.8 million, and the proportion of the top ten wallets’ holdings has decreased to 26.4%, indicating that chip distribution is becoming more diversified, with increased participation from retail investors and institutions.

Bonk ecosystem cooperation and strategic upgrade

Recently, Bonk’s ecological expansion actions have been frequent, with core developments including:

• Introducing the LetsBonk.fun launch platform: LetsBonk.fun platform launched in cooperation with Solana’s leading DEX Raydium, focusing on the issuance of Meme coins. The platform simplifies the token creation process, lowers the participation threshold, attracts a large number of creators to settle in, and promises to use part of the income for the repurchase and destruction of BONK, forming a value loop.
• Collaborating with the listed company DeFi Development Corp. (DFDV): DFDV announced a partnership with Bonk to jointly manage a Solana validator node and integrate its liquidity staking token BONKSOL. This is the first case of building staking infrastructure jointly by the meme coin community and a listed company, aiming to share staking rewards and enhance the security of the Solana network. After the partnership was announced, DFDV’s stock price soared by 30% in a single day, while its SOL holdings increased to 609,000 coins (approximately $107 million), further strengthening market confidence in the Bonk ecosystem.
• Integration of Staking and DeFi: The total DeFi staking amount of BONK has reached 180 million US dollars, an increase of 110% compared to the beginning of the year. The staking rewards, along with the daily active users of the ecosystem applications (exceeding 420,000), form a positive feedback loop, driving its application scenarios from pure speculation to practical extension.

Institutional Entry and Market Consensus

Institutional investors’ attention to Bonk has significantly increased:

• Wintermute disclosed holding 2.5 billion BONK (3.1% of the circulation) and released a research report predicting it may exceed $0.000023 in the fourth quarter of 2025.
• Panther Protocol analysts point out that if the Solana spot ETF is approved, the target price of BONK in 2026 may reach 0.000025 USD; Blockchain Capital Group predicts based on the MVRV model that it may reach 0.000035 USD in 2027.

In addition, the Solana Foundation’s ‘Meme Economy Incentive Program’ has allocated 50 million SOL (approximately 250 million USD) to support Meme projects, directly benefiting the long-term ecosystem development of BONK.

Challenges and Opportunities in the Future

Despite the strong short-term performance of Bonk, the following risks and opportunities still need to be monitored:

• Market volatility: BONK’s annualized volatility is expected to remain at 60%-70%, and one should be cautious of the pullback risk triggered by the breach of the $0.000016 stop-loss level.
• Ecological landing progress: The actual implementation effect of technological upgrades (such as the efficiency of verification nodes) and incentive plans will be the key variables for the next stage valuation.
• Narrative expansion: BONK needs to break through the ‘meme attribute’ and enhance user stickiness through NFT minting, GameFi, and other scenarios.

Bonk’s recent performance reflects the deep integration of meme economy and blockchain technology. With multiple drivers such as institutional funds entering, deepening ecological cooperation, and market sentiment warming up, its price and market value may further open up upward space. However, investors still need to balance returns and risks, pay attention to on-chain data and macro market sentiment, in order to capture the long-term value of Solana’s leading projects in the ecosystem.