What could affect the price of BONK?
Bonk’s price is caught between two forces: the positive effect of reducing the total number of tokens (deflationary burns) and the unpredictable swings common to meme coins.
- 1 Trillion Token Burn (Positive) – A big token burn is coming as the number of holders approaches 1 million.
- ETF & Institutional Interest (Uncertain) – There’s growing interest from big investors, but regulatory delays could slow things down.
- BonkFun’s Role (Positive) – BonkFun drives over half of new Solana memecoin launches and uses fees to buy back BONK tokens, supporting demand.
In-Depth Look
1. 1 Trillion Token Burn (Positive Impact)
What’s happening:
BONK plans to burn (permanently remove) 1 trillion tokens, which is about 1.2% of the total supply, once the number of holders hits 1 million. This milestone is expected by late 2025, with over 950,000 holders already as of August 2025. This follows a buyback program by LetsBonk.fun that has been burning $17 million worth of BONK each month through fees.
Why it matters:
Burning tokens reduces supply, which can help increase the token’s value by making it scarcer. The total circulating supply is currently very large (81.3 trillion tokens), so this burn helps offset inflation. A similar burn in July 2025 led to a 60% price jump. However, the timing depends on how quickly new holders join—growth needs to slow to about 2.1% per week for the burn to trigger.
2. ETF Speculation & Regulatory Changes (Mixed Impact)
What’s happening:
Tuttle Capital has proposed a 2x leveraged BONK ETF (exchange-traded fund) expected in late 2025, and Grayscale has added BONK to its watchlist, showing growing interest from institutional investors. However, the U.S. Securities and Exchange Commission (SEC) has delayed approvals for spot Solana ETFs, which could also affect BONK.
Why it matters:
If approved, BONK’s ETF could boost the price, similar to how Dogecoin’s ETF approval in 2024 led to a 40% price increase. On the other hand, if the SEC rejects these ETFs, BONK could face price drops, as seen with a 17% weekly decline after SEC warnings about meme coins (CoinDesk).
3. BonkFun Ecosystem Growth (Positive Impact)
What’s happening:
BonkFun accounts for 55% of new memecoin launches on the Solana blockchain, compared to 34% by Pump.fun. It generates $34 million in daily fees and uses half of those fees to buy back BONK tokens, directly supporting demand.
Why it matters:
This creates a positive feedback loop where more activity on BonkFun means more BONK tokens are bought back, helping support the price. However, BONK’s success depends heavily on Solana’s network stability. Historically, a 10% drop in BonkFun’s market share has led to 15-20% declines in BONK’s price (Dune Analytics).
Conclusion
BONK’s future depends on successfully reducing token supply through burns while navigating the ups and downs typical of meme coins. In the short term, watch for the 1 million holder milestone and the $0.000025 price resistance level. Over the long term, ETF approvals and BonkFun’s continued growth will be crucial.
The key question: Can BonkFun’s revenue growth outpace the risks of shifting interest in the meme coin market?
What are people saying about BONK?
The Bonk (BONK) community is swinging between meme-inspired excitement and cautious technical analysis. Here’s what’s trending right now:
- Token burns are creating hopes for a supply shortage.
- A $50 million grants program is boosting activity in the Bonk ecosystem.
- Price is facing a technical battle at important support levels.
Deep Dive
1. Ecosystem Growth Sparks Rally — Bullish
@genius_sirenBSC reports:
“$BONK up 25.7% today… Community Grants 2.0 ($50M) drove 60% surge in proposals”
This means the $50 million grants program is encouraging developers to build on Bonk, which could help the token grow beyond just being a meme coin. Plus, with 200,000 NFTs staked in just a few hours, it shows more people are using Bonk in new ways.
2. Critical Support Test — Bearish
A technical analyst on CoinMarketCap notes:
“$0.000025 support aligns with Fib 61.8% level… breakdown could target $0.000021”
This suggests if Bonk’s price falls below $0.000025, it might drop further to $0.000021. The Relative Strength Index (RSI) is neutral at 42, and the price is below key moving averages, signaling possible downward pressure. A recent 7% drop matched declines seen in other meme coins like DOGE and SHIB, showing the sector’s vulnerability.
3. Burn Mechanism Hype — Mixed
@johnmorganFL shares:
“1 trillion token burn at 1M holders (950K currently)… could remove 1.2% of supply”
This means if Bonk reaches 1 million holders, a large token burn will happen, reducing supply by about 1.2%. However, Bonk still needs nearly 50,000 new holders to hit that milestone, which is a 5% growth target. Some are optimistic about the burn tightening supply, while others remain skeptical about whether it will reduce the token’s usual volatility.
Conclusion
The outlook for Bonk is mixed. On one hand, the grants program and potential token burns are positive signs for growth and utility. On the other hand, technical resistance and the general risk in meme coins create uncertainty. Keep an eye on the holder count nearing 1 million and the $0.000025 support level—breaking either way could signal Bonk’s next big move.
What is the latest news about BONK?
Bonk is benefiting from the growth of the Solana blockchain and excitement around ETFs, but it remains a volatile asset. Here’s the latest update:
- Ecosystem Growth & $25M Investment (September 22, 2025) – Bonk is now part of over 400 Solana apps and received a $25 million investment from a beverage company.
- New Income-Focused ETF Filed (September 17, 2025) – Tuttle Capital filed for a BONK ETF that uses options strategies to generate income.
- Signs of Price Recovery (September 17, 2025) – Technical indicators suggest BONK may be bouncing back after a 60% price drop.
In-Depth Look
1. Ecosystem Growth & $25M Investment (September 22, 2025)
What happened: Bonk has grown beyond just a meme coin and is now integrated into more than 400 decentralized finance (DeFi) and gaming apps on the Solana blockchain. Safety Shot, a beverage company, invested $25 million into Bonk.fun, a platform that supports BONK by using half of its fees to buy back BONK tokens. Institutional investors are also showing interest, with a multi-coin ETF application that includes BONK.
Why it matters: This development increases BONK’s real-world use and creates downward pressure on supply through buybacks, which can support the price. However, BONK faces competition from newer meme coins on Solana, like Fartcoin.
(MEXC)
2. New Income-Focused ETF Filed (September 17, 2025)
What happened: Tuttle Capital filed paperwork for a “Bonk Income Blast ETF.” This fund plans to use options strategies called put credit spreads to generate steady income from BONK’s price swings. The ETF limits potential gains but aims to provide more predictable returns, appealing to investors who want less risk.
Why it matters: This could bring more institutional money into BONK. However, the complex strategy and BONK’s reputation as a meme coin might limit broader investor interest. The ETF’s approval depends on U.S. Securities and Exchange Commission (SEC) rules for crypto ETFs.
(CryptoTimes)
3. Signs of Price Recovery (September 17, 2025)
What happened: BONK’s price broke out of a technical pattern called a falling wedge, which often signals a reversal. Indicators like the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) are showing bullish signs. Support levels are around $0.000018 to $0.000021, with resistance near $0.000027 to $0.000030.
Why it matters: These signals suggest BONK could see short-term price gains. However, recent large liquidations of leveraged short positions (about $3.39 million) could cause more price swings.
(CCN)
Conclusion
BONK’s growing role in the Solana ecosystem, new institutional products like ETFs, and positive technical signals create opportunities driven by price volatility. Still, its future depends on continued activity in Solana’s DeFi space and whether ETFs gain regulatory approval and investor interest. Keep an eye on trading volumes and ETF decisions to gauge BONK’s next moves.
What is expected in the development of BONK?
Bonk’s roadmap centers on reducing token supply and growing its ecosystem:
- 1 Trillion Token Burn (Q3 2025) – An automatic burn will happen once Bonk reaches 1 million holders (currently over 950,000 as of July 2025).
- BonkFun DeFi Expansion (Q4 2025) – More partnerships within Solana’s decentralized finance (DeFi) space and improved revenue-sharing features.
- Bonk Arena Game Updates (September 2025) – New team battles, NFT weapons, and continued token burns funded by game revenue.
Deep Dive
1. 1 Trillion Token Burn (Q3 2025)
What’s happening:
Bonk plans to burn (permanently remove) 1 trillion tokens, which is about 1.2% of all tokens currently in circulation. This burn will trigger automatically when the number of Bonk holders hits 1 million. As of late July 2025, there are around 950,300 holders, so this milestone could be reached soon. However, growth has slowed recently, making the exact timing uncertain.
Why it matters:
Burning tokens reduces the total supply, which can increase the value of remaining tokens if demand stays strong. Bonk’s daily active users have grown by 37% year-over-year, which is a positive sign. Still, if adoption slows or the market becomes unstable, the burn could be delayed.
2. BonkFun Ecosystem Growth (Q4 2025)
What’s happening:
BonkFun controls over half of all new memecoin launches on the Solana blockchain. It plans to deepen its partnerships with key DeFi platforms like Jupiter and Raydium. BonkFun also uses a fee system that buys back about $17 million worth of BONK tokens each month.
Why it matters:
This strengthens Bonk’s position in the Solana ecosystem, which could attract more users and developers. However, some users have switched platforms recently, showing there’s competition and risk in keeping the community engaged.
3. Bonk Arena Updates (September 2025)
What’s happening:
Bonk Arena, a “kill-to-earn” game, will add new features like team battles and NFT-based weapons. Half of the game’s revenue will continue to be used to burn BONK tokens, helping reduce supply.
Why it matters:
If more players join, the game could help support the token’s value by increasing burns. But memecoins like BONK are still sensitive to broader market swings, especially Bitcoin’s price volatility, which has been high recently.
Conclusion
Bonk’s future depends on reducing token supply through burns and expanding its use cases in gaming and DeFi. These steps could help stabilize its value over time, but success will rely on growing its user base and wider adoption of the Solana blockchain. The big question remains: can BONK’s community-driven approach overcome the challenges common to memecoins?
What updates are there in the BONK code base?
Bonk’s development team is actively maintaining the project to support reward tracking and grow its ecosystem.
- Locked Wallet Snapshots (September 24, 2025) – Weekly data snapshots track BONK tokens locked in wallets, helping with airdrops and analysis.
- Bonk Arena Integration (June 2, 2025) – Updates to the game’s backend split revenue between token burns and buybacks using smart contracts.
Deep Dive
1. Locked Wallet Snapshots (September 24, 2025)
Overview: The team set up an automated system that takes weekly snapshots of wallets locking BONK tokens for 1, 3, or 6 months. These snapshots are saved as JSON files with clear timestamps to keep track of locked tokens.
This system helps determine who qualifies for rewards like airdrops and provides insights into how tokens are being held over time.
What this means: This is a positive sign for BONK because it makes reward distribution more efficient and transparent. It also encourages holders to lock their tokens, which can reduce selling pressure and support the token’s value. (Source)
2. Bonk Arena Integration (June 2, 2025)
Overview: The launch of the “Bonk Arena” game brought updates to the backend that automatically split revenue: half goes to burning BONK tokens (removing them from circulation) and half goes to buying back READY tokens.
This system uses smart contracts on the Solana blockchain to manage fees, which can vary between 0% and 10% based on player entry costs. The update also added new features like NFT loot boxes and character unlocks.
What this means: This update has a neutral impact on BONK. Burning tokens reduces supply, which can support price, but relying on the game’s success adds some uncertainty. Still, it expands BONK’s use beyond just being a meme token. (Source)
Conclusion
Bonk’s ongoing development focuses on expanding its practical uses through gaming and rewarding its community with token locks. This balance between fun features and financial incentives could influence BONK’s long-term value by supporting its deflationary model. How the developers continue to build on these systems will be key to BONK’s future growth.
Why did the price of BONK go up?
Bonk (BONK) increased by 0.96% to $0.0000194 over the last 24 hours, slightly underperforming the overall crypto market, which rose by 0.99%. This modest gain is linked to excitement around potential ETFs and some technical recovery, but the token remains vulnerable due to a significant weekly decline of 17.19%.
- ETF Buzz – New proposals for leveraged and meme coin ETFs have sparked renewed interest in BONK as a possible candidate.
- Technical Bounce – Indicators like the Relative Strength Index (RSI) show BONK is oversold, attracting short-term traders.
- Growing Ecosystem – BONK’s use in over 400 Solana apps and gaming partnerships supports its practical value.
In-Depth Analysis
1. ETF Speculation (Positive Driver)
Summary:
Tuttle Capital Management recently filed for new ETFs, including one that would offer 2x leveraged exposure to BONK. This has brought BONK back into the spotlight as a token that could benefit from more regulated crypto investment products. While regulatory approval is not guaranteed, BONK’s presence on institutional watchlists, such as Grayscale’s, adds credibility.
What this means:
Rumors about ETFs often lead to speculative buying, especially for meme coins like BONK that tend to be more volatile. With a market cap of $1.58 billion and its connection to the Solana blockchain, BONK is a strong candidate for niche ETFs aimed at retail investors.
Key point to watch: The U.S. Securities and Exchange Commission’s (SEC) decision on Tuttle’s ETF filings, expected by late October 2025.
2. Technical Rebound (Mixed Signals)
Summary:
BONK has broken above a “falling wedge” pattern on the 4-hour price chart, which is typically a bullish sign. The 14-day RSI reading of 39.09 indicates the token was oversold but is now recovering. Additionally, the MACD histogram has turned positive, suggesting bearish momentum is easing.
What this means:
Short-term traders are likely taking advantage of these oversold conditions. However, the 24-hour trading volume has dropped by over 50%, signaling that buying interest may be weak. The next resistance level to watch is the 7-day Simple Moving Average (SMA) at $0.0000207. If BONK closes above this, it could push prices up to $0.000022.
3. Strength of the Solana Ecosystem (Neutral to Positive)
Summary:
BONK is used as a “gas fee” token across more than 400 decentralized applications (dApps) on the Solana network, including gaming platforms like Bonk Arena. It also plays a role in NFT staking, with over 200,000 NFTs locked using BONK. The recent launch of the Solana Seeker phone, with 150,000 units shipped, further integrates BONK into real-world Web3 applications.
What this means:
This growing adoption helps BONK move beyond just meme hype by providing real utility. However, the token has still dropped 36% over the past 60 days, showing ongoing selling pressure from earlier investors.
Conclusion
BONK’s recent price increase reflects a combination of ETF-related speculation, technical recovery, and momentum from the Solana ecosystem. Despite this, low trading volume and cautious market sentiment (Fear Index at 34/100) suggest the rally may not be strong. The key level to watch is BONK’s ability to hold support at $0.000019 amid declining trading activity (turnover at 0.0905). The big question remains: will optimism around ETFs be enough to overcome broader market challenges?