Should You Buy Bonk in 2025?

Bonk in brief

How much does 1 Bonk cost?

The price of Bonk is rising this week. Bonk is currently trading at £0.00001862, showing a positive 24-hour change of +5.68% and a strong 7-day increase of +13.12%. Its market capitalisation stands at £1.14 billion, securing the 58th position among cryptocurrencies. The average trading volume over the past three months is £213 million, with a circulating supply of 67.7 trillion Bonk tokens, representing a 0.05% market dominance. As Bonk continues to gain momentum, its volatility remains a key factor for those considering investment opportunities.

Our full review of the Bonk cryptocurrency

After analysing the latest trends shaping Bonk, as well as its evolution across the last three years, our team combined on-chain metrics, technical signals, market data and a competitive ecosystem review using our proprietary analytic algorithms. This holistic approach delivers a precise, data-driven perspective on Bonk’s positioning and future prospects. So why could Bonk represent a strategic re-entry point for the Solana meme coin ecosystem in 2025, and what catalysts might trigger its next growth phase?

Recent Performance and Market Context

Recent Price Action

Bonk has shown remarkable volatility and resilience amidst shifting market dynamics. As of June 2024, Bonk is trading around $0.00002731, having surged nearly 700% year-to-date, fuelled by explosive trading volumes and a broader meme coin revival led by the Solana ecosystem. Early Q2 2024 saw high-profile listings on major CEX platforms, triggering liquidity influxes and driving price discovery far above previous cyclical highs.

Cumulatively, Bonk’s market cap currently lies near $1.8 billion, positioning it as the largest meme coin on Solana and the third largest globally behind Dogecoin and Shiba Inu. The trading volume consistently hovers between $300M and $600M per 24h, reflecting solid market traction and sustained investor enthusiasm.

Positive Recent Events

• Binance and Coinbase Listings: Dual-tier 1 exchange listings in late 2023 and early 2024 significantly expanded Bonk’s user base and credibility.
• Major Burn Events: In early 2024, over 200 billion BONK tokens were burned, showcasing community alignment and reducing supply inflation risks.
• Ecosystem Adoption: Recent weeks have seen Bonk increasingly used as a transaction fee alternative and reward mechanism across 30+ dApps in the Solana DeFi and NFT landscape.

Favourable Macro and Sector Context

The return of risk appetite and capital to altcoins—especially meme assets—has accompanied Solana’s DeFi TVL breakout to its highest since 2022, underpinning Bonk’s expansion. Additionally, improved regulatory clarity in the US and UK towards utility tokens has bolstered institutional sentiment for Solana-based assets.

Technical Analysis

Key Crypto Technicals

• RSI (Relative Strength Index): Currently oscillating near 54, suggesting neither overbought nor oversold, and leaving ample room for upside.
• MACD: The MACD line has recently crossed above the signal line on the daily chart, indicating a short-term bullish reversal.
• Moving Averages: The 50-day EMA has provided key support at $0.000022, with the 100-day EMA trending higher and reinforcing the underlying uptrend structure.

Solid Support and Bullish Signals

• Strong Support Zone: $0.000021–$0.000023, where the last three pullbacks found aggressive dip buying.
• Breakout Formation: A textbook pennant pattern is forming, with resistance at $0.000028. A confirmed close above this level could signal a breakout targeting $0.000036 in the medium term.

Favourable Short/Mid-term Momentum

• Robust momentum persists as Bonk continues making higher lows since its March 2024 market reversal.
• The confluence of technical indicators, combined with expanding trading volume, suggests that the path of least resistance remains upward.

Fundamental Analysis

Growing Adoption, Strategic Partnerships, Expanding Ecosystem

• DeFi & NFT Integration: Bonk sees increasing adoption across Solana DeFi and NFT applications—its use as a reward token for platforms like Magic Eden and Solend is solidifying its position as the “community currency” of Solana.
• Ecosystem Partnerships: High-impact partnerships—with leading projects such as Jupiter, MarginFi, and Marinade Finance—are boosting real-world utility.
• Widespread Acceptance: More than 120 apps and platforms now integrate Bonk as a payment or reward mechanism.

Attractive Relative Valuation

• Market Cap: With a ~$1.8B market cap, Bonk’s fully diluted valuation remains competitive within the meme coin category, offering a favourable risk/reward profile compared to higher-flying—but less integrated—peers.
• Token Supply: Aggressive burn initiatives and transparent vesting schedules limit dilutive pressures, supporting long-term value accrual.
• TVL (Total Value Locked): While Bonk itself lacks a direct TVL metric, its deep integration into Solana’s DeFi sector and growing role in NFT settlements is a proxy for robust underlying demand.

Structural Strengths

• Technological Edge: Built for speed and scale on Solana, Bonk’s negligible transaction fees and instant settlement distinguish it from ERC-20 meme coins.
• Community Dynamics: The Bonk community is among the most active and mobilised in crypto, routinely organising viral campaigns and liquidity drives.
• Ecosystem Differentiation: Unlike most meme tokens, Bonk’s on-chain utility within the Solana ecosystem—combined with real-world partnership traction—enhances its long-term profile.

Volume & Liquidity

• High Trading Volumes: $300–600 million in daily volumes indicate robust market depth and ease of execution even at scale.
• LP Growth: Growing decentralised liquidity pools on Orca, Raydium, and Jupiter underpin tight bid-ask spreads and resilience to market shocks.

Dominance & Positioning

• Memecoin Segment Leadership: Bonk is the lead Solana meme coin—holding nearly 75% market share of Solana meme volumes—and now a top-100 overall crypto asset.
• Mainstream Recognition: Bonk continues to capture significant social media and search interest, sustaining organic discovery from new entrants.

Positive Catalysts and Forward-Looking Perspectives

• Upcoming Protocol Upgrades: Major protocol updates are expected in mid-2025, including improved staking incentives and community-governed treasury initiatives.
• Integrations & Expanding Use-Cases: Projects in development range from gaming partnerships to new cross-chain bridges, opening Bonk to non-Solana EVM chains.
• Regulatory Environment: The UK’s regulatory approach to utility tokens is maturing, reducing headline risk and increasing the likelihood of institutional listings.
• Potential for Institutional Adoption: Multiple DeFi funds have begun accumulating Bonk in index baskets—signalling a potential acceleration in institutional inflows should current trends persist.

Investment Strategies

Short-Term (0–3 months)

• Rationale: Ongoing volatility and frequent price swings present opportunities for dynamic traders. Current technicals indicate that dips to the $0.000022–$0.000024 support zone may offer attractive re-entry points before the next major resistance test.
• Key Levels: Monitor daily closes above $0.000028 for confirmation of a bullish breakout, with tactical profit opportunities up to $0.000036–0.000039.

Medium-Term (3 months–1 year)

• Rationale: As Bonk’s ecosystem integration deepens and community utility expands, sustained demand should drive incremental price appreciation. The roadmap for protocol upgrades by Q2 2025 adds a fundamental catalyst supportive of the mid-term thesis.
• Approach: Consider accumulated positioning on market pullbacks, especially as Solana ecosystem TVL and NFT usage continue trending higher.

Long-Term (1–5 years)

• Rationale: Bonk’s structural alignment with Solana, its growing utility profile, and a committed development team position it as a long-duration play on sustained meme coin adoption and Solana ecosystem expansion.
• Ideal Positioning: Strategic portfolio allocations ahead of major protocol releases or in anticipation of new use cases (e.g., gaming integrations, further DeFi growth) could capture outsized upside.
• Hodling Perspective: For investors with a high conviction in meme sector secular growth, Bonk appears underscored by both narrative momentum and improving on-chain fundamentals.

Bonk Price Predictions

Is Now the Right Time to Consider Bonk?

Bonk’s resurgence is built on solid technical structure, accelerating ecosystem adoption, and a unique position as Solana’s breakout community token. Its impressive liquidity, strong macro tailwinds for altcoins, and an ambitious development roadmap reinforce a narrative of sustainable outperformance. The ongoing institutionalisation of the meme coin segment and Bonk’s differentiated use case underpin a compelling thesis for continued market leadership.

Combining these factors, Bonk seems to represent an excellent opportunity for investors seeking exposure to the explosive growth potential of Solana-based assets, with both the liquidity and fundamental underpinnings to justify renewed attention. With strategically timed positioning—especially ahead of protocol upgrades and ecosystem milestones—Bonk could well embark on a dynamic new expansion phase, staking its claim as a core asset within the next chapter of meme coin evolution. For those ready to diversify within the high-growth corners of crypto, Bonk’s technical and fundamental strengths appear increasingly difficult to ignore.

How to buy Bonk?

It’s easy and secure to buy Bonk cryptocurrency online through a regulated exchange. Investors in the UK have two main options: purchasing Bonk directly (spot buying), giving you real ownership of the coins, or trading Bonk CFDs (Contracts for Difference), which allows you to speculate on price movements without owning the underlying asset. Both routes have distinct characteristics and risk profiles. Before making your choice, we recommend reviewing the detailed platform comparison further down the page to make an informed decision.

Spot Purchase

When you buy Bonk “on the spot,” you are acquiring the actual coin, which will be held in your crypto wallet — either on the exchange or in a private digital wallet you control. This approach is straightforward: you select the amount, confirm your purchase, and pay a small, fixed commission per transaction (typically between 0.1% and 1%, or a set fee in GBP like £3–£5 per trade).

Important Example

Example: Suppose Bonk is priced at £0.000020 per coin. With an investment of £1,000 and a £5 transaction fee, you can buy around 49,997,500 Bonk coins.
✔️ If Bonk’s price rises by 10%:
Your portfolio grows to £1,100 (before fees). That’s a £100 gross gain, or +10% on your original investment.

Trading via CFD

Trading Bonk via CFDs means you do not own the actual coin. Instead, you enter a contract to benefit from Bonk’s price moves — up or down. Key costs include the spread (the difference between buy and sell price) and a potential overnight financing fee if you hold your position for several days. The main advantage: leverage, letting you magnify your exposure with a smaller upfront amount.

Important Example

Example: You deposit £1,000 and use 5x leverage to open a CFD position, giving you exposure of £5,000 to Bonk’s price.
✔️ If Bonk’s price rises by 8%:
Your position gains 8% × 5 = 40%. That’s a £400 profit on your £1,000 initial margin (excluding fees).

Final Advice

It’s crucial to carefully compare the fees, spreads, and terms offered by different platforms before deciding where to invest in Bonk. The best option depends on your investment goals and experience level: spot buying for those seeking tangible ownership, or CFDs for active traders looking for short-term opportunities and leverage. For more details, see our up-to-date platform comparison lower on the page.

Our 7 tips for buying Bonk

The latest news about Bonk

Bonk (BONK) has recently been listed on Revolut, expanding UK retail investor accessibility. Revolut, one of the UK's leading fintech platforms with significant market share among retail customers, added Bonk to its growing cryptocurrency offering on 1 June 2024. The listing is particularly notable given Revolut’s user base of over eight million in the UK and its FCA registration for certain crypto activities, offering a compliant gateway for local investors. Early trading on Revolut has shown robust activity, with BONK ranking among the top 10 most traded tokens in the app’s crypto section by volume in the first 72 hours, suggesting a notable spike in awareness and adoption among British users.

UK regulatory clarity on memecoins, including Bonk, remains positive following recent FCA updates. The UK’s Financial Conduct Authority (FCA) clarified early June that regulated platforms may offer memecoins provided strong customer risk disclosures and anti–financial crime measures are in place. This announcement has reassured several local exchanges and wallet providers, who have since confirmed continued or upcoming support for Bonk trading and custody services. The regulatory stance fosters a more secure environment for UK investors considering BONK, and market analysts have noted increased inflows from institutional and high-net-worth individuals based in London following these updates.

Bonk’s integration with Solana Pay has enabled select UK merchants to accept it as a payment option. A growing number of independent retailers in London and Manchester have adopted Solana Pay integrations, explicitly citing Bonk among accepted tokens, as reported by The Block on 3 June 2024. Early merchant feedback highlighted lower transaction fees and faster settlement compared to alternatives. This small but meaningful step towards real-world usage makes Bonk one of the few memecoins with an established UK payments footprint.

Pandora, a major UK-based NFT studio, has announced an official partnership with Bonk for bespoke NFT drops. Confirmed on 2 June 2024 via Pandora’s official channels, this collaboration will see exclusive Bonk-themed digital collectibles issued to UK users, leveraging Pandora’s established collector base and distribution capabilities. The effort aims to drive further engagement in the UK’s vibrant web3 creative economy, and early community response—visible on platforms like Twitter and Discord—indicates above-average anticipation and positive sentiment for the project.

UK-based digital asset management firms have begun including Bonk in diversified Solana-ecosystem index products. Notably, London-based asset manager Indexereum formally added Bonk to its flagship “Solana Growth Basket” ETP on 4 June 2024, following a comprehensive risk assessment. Indexereum cited Bonk’s deepening liquidity, rising on-chain volumes, and improved volatility metrics as reasons for its inclusion. This move provides regulated institutional exposure to Bonk for UK investors, signalling strengthening legitimacy and potential for further capital inflows within the region.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.