Which venue listed BONK ETP?

Bonk (BONK) ETP has been listed on Switzerland’s SIX Swiss Exchange, marking its official launch in Europe (SIX Swiss Exchange).

1. The product is issued in partnership with Switzerland-based Bitcoin Capital.
2. SIX is Europe’s third-largest stock exchange, providing greater visibility and easier access.
3. This listing allows European investors to gain regulated, stock-like exposure to BONK.

Deep Dive

1. Where It’s Listed

The BONK ETP is now available on the SIX Swiss Exchange. This means it’s traded on a formal stock exchange, similar to stocks, with regulatory oversight.

Why this matters: For European investors seeking regulated exposure, SIX offers a trusted and well-established market with clear rules and professional custody services typical of Swiss exchange-traded products (ETPs).

2. Who’s Behind It

The ETP launch is in partnership with Bitcoin Capital, a company based in Switzerland. This suggests the product is designed specifically for European markets, where crypto ETPs are common and usually backed by actual assets or structured to meet local regulations.

• The choice of issuer impacts fees, how the ETP tracks BONK’s price, and how assets are securely held.
• Swiss ETPs benefit from strong operational and regulatory standards.

3. What This Means for Investors

Listing on SIX opens BONK to a wider range of investors, including institutions and brokers who prefer exchange-traded products over direct cryptocurrency holdings.

• Benefits include easier settlement through the exchange, familiar brokerage processes, and clearer tax reporting in many countries.
• Investors should review details like trading volume, bid-ask spreads, and management fees on the product page to understand costs and liquidity.

Bottom line: The SIX listing makes it simpler and safer for European investors to access BONK. Keep an eye on liquidity and fees as the product gains traction.

Conclusion

The BONK ETP’s listing on the SIX Swiss Exchange offers a regulated, exchange-traded way to invest in this memecoin in Europe. This development improves access for institutions and brokers, though investors should continue monitoring product details like liquidity and fees as the market evolves.

What could affect the price of BONK?

BONK’s future depends on how well Solana recovers and whether interest in meme coins picks up again.

1. Solana Network Health – Less activity on Solana could push BONK’s price down
2. Meme Coin Sentiment – Widespread skepticism hurts demand for coins like BONK
3. Token Burns – A planned burn of 1 trillion tokens might help reduce supply and support price

In-Depth Analysis

1. Solana Network Challenges (Negative Impact)

Summary:
Solana’s Total Value Locked (TVL) has dropped by $10 billion since its peak in 2025. Weekly revenue from decentralized apps (DApps) on Solana has fallen by 30% since September (Cointelegraph). Trading volume for meme coins on Solana has also dropped 67% this year, which directly affects BONK’s main use case.

What this means for BONK:
BONK’s price is closely linked to how active and healthy the Solana network is. If fewer developers and investors use Solana, BONK’s price could continue to fall, following its 60% drop over the past year.

2. Meme Coin Market Weakness (Negative Impact)

Summary:
The overall share of meme coins in the market dropped to 0.034 in June 2025, matching lows from earlier in the year. BONK’s price is down 76% compared to last year (Yellow.com). Additionally, over 93% of new meme coins on Solana show signs of scams, which has made investors wary.

What this means for BONK:
If the current lack of interest in meme coins continues, BONK’s market cap of $753 million could shrink further as investors avoid risky assets.

3. Deflationary Token Model (Positive Impact)

Summary:
BonkFun, the platform behind BONK, uses half of its fees to buy back and burn BONK tokens, removing about $17 million worth each month at current prices. There is also a plan to burn 1 trillion tokens once the community reaches 1 million holders (currently at 974,000) (CoinMarketCap).

What this means for BONK:
If these token burns happen as planned, they could reduce the total supply by about 1.2%, making BONK scarcer and potentially supporting its price. However, this depends on BonkFun maintaining its position against competitors like Pump.fun.

Conclusion

BONK’s outlook depends on whether Solana’s network can recover and if token burns can offset the current negative sentiment around meme coins. While the deflationary token model offers some hope, BONK remains vulnerable to broader market trends and Solana’s performance. Will BONK’s token burns be enough to counteract the decline in meme coin popularity? Keep an eye on BonkFun’s daily fee data and Solana’s weekly active users for signs of change.

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What are people saying about BONK?

The BONK community is seeing a mix of excitement and cautious analysis. Here’s what’s currently shaping the conversation:

1. Token burns and ecosystem grants are driving optimistic bets.
2. Inclusion on Grayscale’s watchlist is sparking interest from institutional investors.
3. The health of the Solana network plays a critical role, with both positive and negative effects.

Deep Dive

1. @johnmorganFL: 1 Trillion Token Burn Seen as Positive

“Bonk plans to burn 1 trillion tokens (about 1.2% of the total supply) once the number of holders reaches 1 million (currently at 950,000).”
– @johnmorganFL (35K followers · 220K impressions · 2025-07-25)
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What this means: Burning tokens reduces the total supply, which can make BONK more scarce. If demand picks up, especially as investors rotate through meme coins, this could push the price higher.

2. @genius_sirenBSC: Grants and Exchange Listings Fuel Rally

“BONK jumped 25% after announcing a $50 million grants program, getting listed on Huobi (with a 137% increase in trading volume), and seeing 200,000 NFTs staked within hours.”
– @genius_sirenBSC (79.8K followers · 1.2M impressions · 2025-07-06)
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What this means: These developments show BONK is building a stronger ecosystem. Grants encourage growth and innovation, while exchange listings improve liquidity, making it easier for people to buy and sell.

3. CoinMarketCap Community: Institutional Interest vs. Technical Signals

“BONK was added to Grayscale’s watchlist, but technical indicators like RSI-14 at 42 and MACD suggest short-term weakness.”
– CoinMarketCap Community Post (1.4M views · 2025-08-03)
View original post
What this means: This is a mixed signal. While institutional attention is positive, some technical signs point to possible short-term price fatigue. BONK needs to stay above the $0.000025 support level to maintain momentum.

Conclusion

Opinions on BONK are divided. Positive factors like token burns and ecosystem growth are balanced by the volatility common to meme coins and the influence of Solana’s network performance. Keep an eye on the 1 million holder milestone, which will trigger the token burn and could shift market sentiment. Additionally, Bitcoin’s market dominance and trading activity on Solana-based decentralized exchanges will likely impact BONK’s next price moves.

What is the latest news about BONK?

BONK is navigating the ups and downs of the meme coin market by making strategic changes to its ecosystem and responding to market trends. Here are the latest highlights:

1. Fee Changes & Swiss ETP Launch (December 4, 2025) – BONK now directs 51% of its fees toward buybacks and debuted on a major Swiss stock exchange.
2. Meme Coin Market Bounce (December 12, 2025) – BONK led a 40% recovery in meme coins, driven by active trading.
3. Price Resistance Holds (December 11, 2025) – BONK’s price stabilized near $0.00000910 after failing to break above $0.00001010.

In-Depth Look

1. Fee Changes & Swiss ETP Launch (December 4, 2025)

What happened:
BONK changed how it uses its fees, now sending 51% of revenue from the Bonk.fun platform to buy back tokens for its Digital Asset Trust (DAT), up from just 10%. This move is designed to reduce the number of tokens in circulation and support long-term value. At the same time, BONK launched a regulated exchange-traded product (ETP) on Switzerland’s SIX Swiss Exchange. This allows traditional investors to invest in BONK without having to buy or hold the cryptocurrency directly.

Why it matters:
By increasing buybacks, BONK aims to make its token scarcer and potentially more valuable over time. The ETP listing opens the door for more institutional investors who prefer regulated investment products. Despite these efforts, BONK’s price has dropped about 60% over the past 90 days, trading at $0.00000910 as of December 14, 2025. (CoinMarketCap)

2. Meme Coin Market Bounce (December 12, 2025)

What happened:
BONK saw a strong price increase as part of a wider rebound in meme coins. Short-term traders were attracted to the high volatility, pushing 24-hour trading volume to $68.7 million—a 90% increase from the previous week. However, BONK is still down 74% compared to last year.

Why it matters:
This rally shows that meme coins like BONK can still attract speculative interest, but their long-term success depends on growing their underlying ecosystems. Other meme coins such as Fartcoin and SPX6900 also gained attention, showing that the market is fragmented with many competing projects. (CryptoNewsLand)

3. Price Resistance Holds (December 11, 2025)

What happened:
BONK tried but failed to break above the $0.00001010 price level, which caused a 4.5% drop. The token’s price then settled around $0.00000910, confirming that $0.00001010 is a strong resistance point.

Why it matters:
Traders are watching for a move above $0.00000920 to signal a potential upward trend. If the price falls below $0.00000890, it could lead to further losses. This price action reflects weak momentum amid a cautious crypto market, with the Fear & Greed Index at 27 out of 100, indicating fear. (CoinDesk)

Conclusion

BONK is working to strengthen its position through ecosystem growth, like launching the ETP and changing fee structures. However, it faces challenges from the overall fragile meme coin market and broader economic concerns. With Solana’s meme coin trading volume down 67% since January, BONK’s deflationary strategies will be tested in 2026 to see if they can counteract declining speculative interest.

What is expected in the development of BONK?

Bonk’s roadmap focuses on reducing token supply, growing its ecosystem, and adding gaming features.

1. 1 Trillion Token Burn (Q1 2026) – Tokens will be automatically burned once Bonk reaches 1 million holders.
2. BonkFun DeFi Integrations (Q1 2026) – Stronger connections with Solana’s decentralized finance platforms like Jupiter and Raydium.
3. Bonk Arena Expansion (Q2 2026) – New team battles and NFT weapons added to the "kill-to-earn" game.

Deep Dive

1. 1 Trillion Token Burn (Q1 2026)

Overview:
Bonk plans to burn 1 trillion tokens, which is about 1.2% of the tokens currently in circulation, once it reaches 1 million holders. As of late July 2025, there were about 950,300 holders, growing at roughly 2.1% per week. This burn reduces the total supply, which can help increase demand and support the token’s value. However, the exact timing depends on how quickly new holders join.

What this means:
This is generally positive for BONK because burning tokens lowers the amount available to sell, which can help stabilize or increase the price. But if the number of holders grows slowly, the burn might happen later than expected, possibly in early 2026.

2. BonkFun DeFi Integrations (Q1 2026)

Overview:
BonkFun, which is behind 55% of new memecoin launches on the Solana blockchain, plans to deepen its partnerships with Solana’s DeFi platforms like Jupiter (a decentralized exchange aggregator) and Raydium (an automated market maker). BonkFun uses half of its fees to buy back BONK tokens, burning about $17 million worth each month.

What this means:
This is a neutral to positive development. Strengthening these partnerships can help BonkFun and BONK grow, but there’s competition from other platforms like Pump.fun, which lost 23% of its users to BonkFun in July 2025. Execution and maintaining market share will be key.

3. Bonk Arena Expansion (Q2 2026)

Overview:
Bonk Arena, a game where players earn rewards by “killing” opponents, will add team battles and NFT-based weapons, according to developer Bravo Ready. Half of the game’s revenue will be used to burn BONK tokens, linking gameplay directly to the token’s value.

What this means:
This is a positive move if the game attracts more players, as it creates real use cases for BONK and supports token burns. However, the memecoin market is volatile—BONK saw big price swings in late 2025—which could limit the impact of gaming on demand.

Conclusion

Bonk’s roadmap combines reducing token supply, expanding its ecosystem, and adding gaming features. Success depends on reaching key holder milestones and keeping Solana’s momentum going. Given the broader memecoin market is down about 65.9% year-to-date, it remains to be seen if BONK’s deflationary approach can overcome these challenges. Keep an eye on holder growth and BonkFun’s market share for early signs of progress.

What updates are there in the BONK code base?

Bonk’s recent updates focus on making the ecosystem more useful and improving how the token works economically.

1. Fee Changes (December 4, 2025) – Over half (51%) of fees collected on Bonk.fun are now used to buy BONK tokens.
2. Bonk Arena Launch (June 2, 2025) – A new Solana-based game where playing helps burn BONK tokens.
3. Locked Wallet Tracking (Ongoing) – Weekly updates on wallets that lock BONK tokens for set periods.

In-Depth Look

1. Fee Changes (December 4, 2025)

What happened:
Bonk Inc. changed how fees on Bonk.fun are used. Now, 51% of those fees go toward buying BONK tokens, up from just 10%. This helps reduce the number of tokens available on the market and supports the token’s value.

Why it matters:
This is good news for BONK holders because it creates steady demand for the token, which can help keep its price stable or even increase it over time. (Source)

2. Bonk Arena Launch (June 2, 2025)

What happened:
Bonk Arena is a new game built on the Solana blockchain. Players pay BONK tokens to join, and half of the game’s revenue is used to burn tokens and reward the community.

Why it matters:
This adds a real use for BONK tokens and helps reduce the total supply through token burns. The impact depends on how popular the game becomes, but it’s a positive step toward making BONK more valuable. (Source)

3. Locked Wallet Tracking (Ongoing)

What happened:
BonkLabs regularly records which wallets have locked up BONK tokens for 1, 3, or 6 months. This information is shared openly on GitHub to keep things transparent.

Why it matters:
While this doesn’t directly affect the token’s price, it builds trust in the community by showing who is committed to holding BONK long-term. It also helps with fair distribution of rewards and governance decisions. (Source)

Conclusion

Bonk’s updates focus on reducing token supply through fee changes and burns, while also increasing token use through gaming and staking. These changes aren’t major technical overhauls but are strategic moves to strengthen BONK’s position. How will these updates shape BONK’s future as a leading meme coin on Solana?

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Why did the price of BONK fall?

Bonk (BONK) dropped 2.79% in the last 24 hours, following the overall crypto market decline of 2.13% and challenges specific to its sector. The main reasons behind this drop are:

1. Pressure on the Solana Network – Less activity and money moving out of the network.
2. Weakness in Meme Coins – Interest in meme coins like BONK has decreased significantly.
3. Technical Resistance – BONK couldn’t break past the $0.00001010 price point, leading to a price pullback.

Detailed Analysis

1. Challenges in the Solana Network (Negative Effect)

Summary: Solana’s network activity has decreased sharply, with the Total Value Locked (TVL) dropping by about $10 billion since its peak in September 2025 (Cointelegraph). Since Bonk is a popular memecoin on Solana, it is directly affected by these changes.

What this means: Lower activity in decentralized finance (DeFi) and decentralized apps (DApps) — down 30% in two months — reduces the usefulness and appeal of Solana-based tokens like BONK. The price of BONK often moves in line with Solana’s native token, SOL, which also fell 4% during this time.

What to watch: Keep an eye on Solana’s weekly DApp revenue and developer activity for signs of recovery or further decline.

2. Declining Interest in Meme Coins (Negative Effect)

Summary: The meme coin market share dropped to 0.034 in June 2025, the lowest since February. BONK’s price has fallen 76% over the past year (Yellow.com).

What this means: Many retail investors are moving away from meme coins due to increased regulatory scrutiny and concerns about scams. BONK’s trading volume in the last 24 hours fell by 8.63%, indicating less buying and selling activity.

What to watch: Monitor CryptoQuant’s meme dominance index and BONK’s social media activity to gauge market sentiment.

3. Price Resistance at Key Level (Mixed Effect)

Summary: On December 11, BONK hit strong resistance at $0.00001010, causing its price to drop 4.5% to $0.00000910, with 2.03 trillion tokens traded (CoinDesk).

What this means: This price rejection shows bearish momentum. BONK’s price is now below its 7-day simple moving average (SMA) of $0.00000946. The Relative Strength Index (RSI) at 43.51 suggests the coin is neither overbought nor deeply oversold, while the MACD indicator remains negative.

What to watch: A close above $0.00000920 could indicate a potential recovery, but if it fails, BONK might test the support level at $0.00000890.

Conclusion

BONK’s recent price drop is due to a combination of factors: a weakening Solana ecosystem, reduced enthusiasm for meme coins, and technical resistance at key price levels. Although the coin appears oversold and might bounce back, the overall market environment—dominated by Bitcoin’s strength—calls for caution.

Key question: Will BONK hold above $0.00000910, or will ongoing issues with Solana push it even lower?