Bonk was born in December 2022 and is the first widely recognized meme coin on the Solana blockchain. It adopts a ‘community-first’ distribution mechanism, with a large number of tokens being airdropped to users, developers, artists, and NFT holders, aiming to boost the morale of the then sluggish Solana community.
Similar to Dogecoin or Shiba Inu, Bonk is themed around ‘dog culture,’ but with more on-chain utility and interactivity. Within a few short months, it has been integrated into multiple Solana DApps, spawning tools like BonkSwap and BonkBot, forming its own ecosystem microcycle.
Image:https://www.gate.io/trade/BONK_USDT
As of May 16, 2025, the Bonk coin price is about 0.00002 US dollars, refreshing the new high of the year. This round of rise started in mid-March 2025, when the price was still around 0.000011 US dollars, and it doubled in just two months.
(1) The meme propagation effect of social media
The popularity of Bonk has always been inseparable from the promotion of social media such as Twitter and Telegram. Since 2025, multiple Solana KOLs have rekindled their enthusiasm for promoting Bonk, coupled with the collective warming of the meme market, bringing it back to the center stage.
(2) Solana ecosystem drive effect
Bonk’s price performance is largely influenced by the overall Solana ecosystem. With the significant decrease in Solana transaction fees and the steady increase in daily active users (DAU), the valuation of on-chain projects collectively rebounded. As a “ecosystem activity index coin,” Bonk naturally benefits.
(3) Token economic mechanism optimization
The Bonk team announced in early 2025 the improvement of the token burning mechanism, combining part of the staking rewards for repurchase and destruction, significantly increasing the scarcity of the token. In addition, the project also attempts to use Bonk as a reward coin for NFT holders to increase its practical use.
Although the trend of Bonk coin price is exciting, novice users still need to be cautious about the following points when participating:
The current Bonk coin price has risen to 0.00002 US dollars, approaching the high point of 2023, but there is still room for growth compared to other popular coins in the meme sector. Whether the future price can continue to rise depends on the following factors:
For novice investors, although the price of Bonk is small, it fluctuates sharply and can be considered as an introductory currency for learning about DeFi and meme markets. However, when investing, one should still control risks, avoid chasing highs, and allocate positions reasonably.
As a meme representative in the Solana ecosystem, Bonk’s price surged in the spring of 2025. It is not only a form of expression of crypto culture but also reflects the value of community consensus. As the price rebounds, it is worth evaluating its position in the future meme market from the perspective of ecosystem construction, community vitality, and market structure.
If you wish to participate, make sure to DYOR (Do Your Own Research) and grasp the pace of advance and retreat.
Bonk was born in December 2022 and is the first widely recognized meme coin on the Solana blockchain. It adopts a ‘community-first’ distribution mechanism, with a large number of tokens being airdropped to users, developers, artists, and NFT holders, aiming to boost the morale of the then sluggish Solana community.
Similar to Dogecoin or Shiba Inu, Bonk is themed around ‘dog culture,’ but with more on-chain utility and interactivity. Within a few short months, it has been integrated into multiple Solana DApps, spawning tools like BonkSwap and BonkBot, forming its own ecosystem microcycle.
Image:https://www.gate.io/trade/BONK_USDT
As of May 16, 2025, the Bonk coin price is about 0.00002 US dollars, refreshing the new high of the year. This round of rise started in mid-March 2025, when the price was still around 0.000011 US dollars, and it doubled in just two months.
(1) The meme propagation effect of social media
The popularity of Bonk has always been inseparable from the promotion of social media such as Twitter and Telegram. Since 2025, multiple Solana KOLs have rekindled their enthusiasm for promoting Bonk, coupled with the collective warming of the meme market, bringing it back to the center stage.
(2) Solana ecosystem drive effect
Bonk’s price performance is largely influenced by the overall Solana ecosystem. With the significant decrease in Solana transaction fees and the steady increase in daily active users (DAU), the valuation of on-chain projects collectively rebounded. As a “ecosystem activity index coin,” Bonk naturally benefits.
(3) Token economic mechanism optimization
The Bonk team announced in early 2025 the improvement of the token burning mechanism, combining part of the staking rewards for repurchase and destruction, significantly increasing the scarcity of the token. In addition, the project also attempts to use Bonk as a reward coin for NFT holders to increase its practical use.
Although the trend of Bonk coin price is exciting, novice users still need to be cautious about the following points when participating:
The current Bonk coin price has risen to 0.00002 US dollars, approaching the high point of 2023, but there is still room for growth compared to other popular coins in the meme sector. Whether the future price can continue to rise depends on the following factors:
For novice investors, although the price of Bonk is small, it fluctuates sharply and can be considered as an introductory currency for learning about DeFi and meme markets. However, when investing, one should still control risks, avoid chasing highs, and allocate positions reasonably.
As a meme representative in the Solana ecosystem, Bonk’s price surged in the spring of 2025. It is not only a form of expression of crypto culture but also reflects the value of community consensus. As the price rebounds, it is worth evaluating its position in the future meme market from the perspective of ecosystem construction, community vitality, and market structure.
If you wish to participate, make sure to DYOR (Do Your Own Research) and grasp the pace of advance and retreat.