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Bonk's momentum is accumulating again

2026-10-05 21:15:55
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BONK achieved double-digit gains, and Solana Eco-memin regained its attention.

According to @BSCNews, BONK ($BONK) has recently shown strong momentum. In the past week, the token's price has increased by 16%, while the cumulative increase in the previous two weeks has reached 30%. This Solana network-based memin was identified through the chain address DezXAZ8z7PnrnRJjz3wXBoRgixCa6xjnB7YaB1pPB263 and has become one of the more resilient assets in the Solana ecosystem during a period of intensified volatility in the cryptocurrency market.

BONK will be launched in December 2022, just as the FTX crash has shaken Solana's confidence. Unlike traditional initial sales, its founding team distributes half of the total supply to Solana community members via airdrops. This move enabled BONK to establish a "community first" project positioning from the beginning and survive one of the most difficult periods in the industry.

Today, BONK has far exceeded its original positioning as a memin. Currently, the project has more than 350 on-chain integrated applications, a figure that fully reflects the significant expansion of its influence since its launch.

LetsBonkfun emerged as the leading Solana mein launch platform

One of the most eye-catching developments in the BONK ecosystem is the rise of LetsBonkfun. The platform was created in cooperation with the BONK community and decentralized exchange Raydium and will be officially launched in April 2025. As of July 2025, it has surpassed Pump.fun, the then market leader, in terms of user activity and revenue.

Data shows that LetsBonkfun's share of the Solana launch platform market soared from 13% in July 2025 to more than 78%, in just one month. Revenue generated by the platform is used to repurchase BONK tokens and the top 11 tokens issued through the platform. In the three months since its launch, more than 235,000 tokens have been created on the platform, and 2,795 projects have successfully graduated and landed on major decentralized exchanges (such as Raydium and Jupiter), achieving instant listing.

This repurchase mechanism closely links platform activities to BONK's token economics, providing holders with additional incentives beyond price speculation.

Whether BONK's current upward momentum can be sustained will largely depend on the overall performance of the entire Solana ecosystem.

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