BONK is the first community-driven Meme Token on the Solana blockchain, born during the low period of the Solana ecosystem in December 2022. Its core mission is to activate user participation through decentralized culture. The project innovatively airdrops 50% of the total token supply to developers, artists, and ordinary users, quickly accumulating over 400,000 holding addresses, forming a strong community foundation. Unlike Meme coins that solely rely on hype, BONK is deeply integrated into the Solana ecosystem: over 200 projects accept it as a payment tool, covering NFT trading, DeFi protocols, and even in-app purchases on the Solana phone Saga. Its ecological tools, such as the BonkBot trading robot (processing an average of 200,000 transactions per day) and the BonkSwap platform, give it functional value that goes beyond typical Meme coins.
As of July 7, 2025, the price of BONK is $0.00002184, with a 24-hour decline of 1.13% and a market capitalization of approximately $1.75 billion, ranking third in the Meme coin sector. The current circulation of BONK is 80.53 trillion coins, accounting for 90.61% of the total supply of 88.88 trillion. The remaining tokens will be gradually released by 2025. From on-chain data, BONK faces two major challenges:
In the trading platform, Gate is a mainstream purchasing channel, supporting fiat currency deposits and transaction fees as low as 0.1%.
Based on market cycles and the development of the Solana ecosystem, analysts have proposed three scenarios for BONK’s performance in 2025:
Long-term forecasts indicate that BONK may reach $0.0005 by 2031, an increase of 2,500% from the current price.
The development of BONK highly relies on two major factors:
In terms of competition, BONK needs to contend with the traffic competition from new Meme coins within Solana (such as WIF, POPCAT) and external public chain Meme coins (such as BRETT on the Base chain). However, its first-mover advantage and the deeply integrated ecological tools remain core barriers.
For investors, BONK is more suitable as a “Solana ecosystem Beta” allocation, requiring close attention to on-chain burn data, CEX listing dynamics, and market sentiment cycles, utilizing high volatility for swing trading.