Bonk, a top-performing meme coin on the Solana network, is regaining market attention following a wave of positive developments from its core team. Over the past week, Bonk has significantly outpaced the broader crypto market, climbing more than 13% and moving up several ranks by market cap.
This renewed surge is driven by both technical momentum and a major announcement from the developers: a one trillion token burn, intended to mark the milestone of reaching nearly one million holders. This move adds to Bonk’s growing credibility as more than just a short-lived meme coin.
Although the exact source of the token burn, whether from developer reserves or circulating supply, remains to be clarified, the announcement has already injected excitement into the community.
Token burns are often used to reduce supply and theoretically increase scarcity, and in Bonk’s case, it symbolizes the team’s commitment to creating long-term value for its ecosystem.
The timing of this update is especially noteworthy. After seeing local lows around the $0.000012–$0.000013 level, $BONK experienced a powerful rebound, reminiscent of previous “god candle” price spikes in April and May.
With these developments aligning closely with technical support levels, many in the community see this as a turning point for the project.
Source – The Crypto Mark YouTube Channel
Bonk Price Prediction
Bonk appears to be setting up for a potential bullish reversal following a five-week decline that ended in late June. Technical analysis suggests the recent price action could be the beginning of a larger third wave to the upside.
After holding key support levels near the 78.6% Fibonacci retracement in June, $BONK has shown an impulsive-looking rally. While the current structure is still forming and leans toward a diagonal pattern rather than a clean impulse, it indicates growing upside momentum.
Resistance is currently being eyed at the $0.000026 level, with potential to reach the 100% extension at $0.000036.
While there’s no confirmed top yet, $BONK remains bullish as long as it holds key support between $0.000016 and $0.000018. Traders are closely monitoring for either a breakout or a deeper pullback.
Bonk Solidifies Role in Solana Meme Coin Space, While Bitcoin Hyper Gains Momentum
What stands out beyond the numbers is the community growth. Approaching one million holders, Bonk is proving its staying power in a crowded meme coin sector. Reaching this scale is a rare achievement and reflects rising trust and engagement from retail users across the board.
While meme coins can often fade quickly after a burst of hype, Bonk’s combination of developer involvement, clear milestones, and consistent communication continues to separate it from many short-lived projects.
As a result, Bonk is increasingly being recognized as a key player in the evolving Solana meme coin landscape. Meanwhile, Bitcoin Hyper (HYPER) is also gaining attention as a new layer-2 crypto project currently in its presale stage, aiming to address key inefficiencies in the Bitcoin network.
By leveraging a trustless smart contract system, it enables users to deposit Bitcoin, which is then mirrored 1:1 on the Bitcoin Hyper Layer-2 chain. This system promises to significantly reduce transaction fees, increase speed, and support additional use cases such as meme coins, decentralized applications (dApps), and crypto payments.
The Bitcoin Hyper presale has already raised over $2.5 million, with the token currently priced at $0.01225. As each funding milestone is reached, the price increases, encouraging early participation.
The platform’s mechanics are rooted in the Solana Virtual Machine (SVM), where Bitcoin is deposited into an address monitored by the Bitcoin Relay Program. Once verified, a corresponding amount of Bitcoin is minted on the Hyper chain.
Users can then transact on the layer-2 network and, when desired, withdraw their assets back to layer-1 Bitcoin. This design enhances Bitcoin’s scalability and allows for expanded utility without compromising its base layer’s security.
Bitcoin Hyper has been audited by CoinSniper and Spywolf, adding an extra layer of trust. It has also received mentions from respected outlets like Cointelegraph, Bitcoin.com, and Cryptonews.
The tokenomics breakdown allocates 30% of the total supply to development, 20% to marketing, 15% to staking rewards, 10% to listings, and 25% to the treasury. The project is active on X (formerly Twitter), with over 15,000 followers providing real-time updates.
With just few days left before the next price increase, Bitcoin Hyper is drawing attention as a potential high-growth project in the evolving Bitcoin ecosystem.
Interested buyers can participate using major wallets like Best Wallet or even credit cards, with full project details available in the whitepaper and FAQ sections on the official site. To take part in the $HYPER token presale, visit bitcoinhyper.com.
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