BONK, a Solana-based memecoin, surged 4% in the last 24 hours to May 26, 2025, as bullish force builds up for it to break through and trade above $0.000021. So far this month, the token has jumped 15% in value, beating Dogwifhat ($WIF) and Popcat, reaffirming its place atop the Solana memecoin ranks.
During the early hours, $BONK climbed to $0.00002174 before returning to $0.00002051. This decline hasn’t changed traders’ optimistic mindset and they continue to rely on Bitcoin’s recent impressive spurt forward. A lot of people think that the growing price of the memecoin will lead to a significant breakout.
Whale Trends Show Smart Money Buying $BONK
Whale trends have gained attention among crypto investors, because on-chain data demonstrates that significant investors are growing interested. Blockchain analytics company Stalkchain found that more smart wallets loaded up on $BONK than any other token during the week in question.
On May 22, a wallet with Squad’s company name bought around $936,000 worth of $BONK through batch dollar-cost averaging (DCA).
The wallet is done buying and presently holds 85.98 billion $BONK, worth about $1.81 million at this time.
There is a significant difference between whales acting on Solana and the overall memecoin sector which has seen recent withdrawals of investor money. Most memecoins on the network saw increased selling between May 19 and May 25, as a majority of smart money investors chose to sell rather than buy.
On May 25, more than $3 million flowed out of memecoins. BONK was the only asset among the top 10 to record a net flow above zero. Meanwhile, while $WIF was transferred more than any other token by smart money wallets in the previous 24 hours, it saw outflows that topped $250,000.
Whale makes a profit of $34,000 in a matter of days after analysts say the market cap could be in billions.
Regardless of market sentiment, $BONK is still giving active traders opportunities to earn. A whale investor managed to earn $34,760 in three days alone.
After paying an average of $0.0000214 for 20.4 million $BONK, the trader sold the tokens for $472,500 when prices surpassed $0.0000217 on May 22.
People in the crypto trading community have recognized the way prices have been moving. CT is filled with traders explaining why they are bullish and setting up long, as several anticipate cardano’s market cap might soon go over $2 billion.
At an event for the Solana community, a leading trader chose $BONK to be the best investment.
According to the roadmap, the trader estimated that the project might increase its market capitalization to $15 billion in the future a rise of 826% from the present level.
BONK’s price against USDT is approaching a double bottom on its daily chart and resistance can be seen at $0.00003272. Typically, traders see this historical pattern as a sign of an upcoming turnaround when it appears after extended downturns.
Early in September, $BONK bounced back from its April bottom and started heading upward, but it is still not in the main resistance area above $0.00002020. Breaking above this point could be the first step in a considerable price shift. Fibonacci tools and past resistance points suggest analysts predict a target at $0.00005500, for a gain of almost 172% from current levels.
As the RSI now is at 51.49, this means the stock has speed slightly past neutral, though the possibility of a trend change in either way still exists due to ongoing market developments. Even though there hasn’t been a full price rise, analysts are aware that novel Solana-based memecoins might steal attention away from $BONK.
Nonetheless, the rise in popularity for whales, a solid blockchain and more traders watching have put $BONK on the list of promising memecoins on Solana waiting for another rally.As the RSI now is at 51.49, this means the stock has speed slightly past neutral, though the possibility of a trend change in either way still exists due to ongoing market developments. Even though there hasn’t been a full price rise, analysts are aware that novel Solana-based memecoins might steal attention away from $BONK.
Nonetheless, the rise in popularity for whales, a solid blockchain and more traders watching have put $BONK on the list of promising memecoins on Solana waiting for another rally.
