BONK Surges Higher on Strong Institutional Buying, Burn Strategy, and Expanding Holder Base

BONK Rallies as Institutions Bet Big and Token Burn Fuels Scarcity Buzz
July 15, 2025

BONK, the meme coin riding the Solana wave, jumped 15% over the past day, boosted by growing institutional interest and excitement around a planned 1 trillion token burn set to reduce supply and potentially drive prices higher.

From $0.000027 on July 14 at 13:00 UTC, BONK surged to a high of $0.000031 by early July 15. Trading activity exploded, with more than 3.5 trillion tokens swapping hands during the rally’s peak hour. Analysts at CoinDesk Research noted this reflects significant institutional involvement.

What’s Powering the Rally

Momentum for BONK has been fueled by fundamentals shifting in its favor. A proposed 1 trillion token burn aims to cut supply, strengthening the token’s long-term investment thesis. This burn is set to occur once the BONK community hits 1 million on-chain holders, underscoring the project’s growing user base and adoption.

Adding further credibility, BONK recently landed on Grayscale’s asset watchlist, signaling a potential pivot for meme coins from purely speculative assets to contenders for more serious portfolios.

Market Signals & Technicals

BONK gained 15%, hitting $0.000031 between July 14-15.
Over 3.5 trillion tokens traded during the 06:00–07:00 UTC breakout.
Open interest rose 9%, showing higher trader conviction.
The planned token burn introduces a strong deflationary narrative.
After the rally, price consolidated around $0.000028, with solid support near $0.000026.
A sharp 2% spike occurred at 12:30 UTC on a burst of 75 billion tokens traded.
BONK currently trades at $0.0000294, reflecting a 7.8% daily gain, and remains technically bullish.

The Road Ahead

BONK’s deflationary plan, deepening liquidity, and rising institutional recognition could keep fueling its upward momentum. Traders and investors alike are watching closely to see if this meme coin can push higher and transform hype into sustained growth.