Institutional Inflows Propel BONK Upward as Token Burns and User Numbers Climb

BONK Climbs 15% as Institutional Interest Grows and Token Burn Plans Drive Momentum
July 15, 2025

BONK, the Solana-based meme token, surged 15% over the last 24 hours, propelled by rising institutional demand and excitement around a planned 1 trillion token burn aimed at reducing supply and boosting value.

Starting at $0.000027 on July 14 at 13:00 UTC, BONK rallied to $0.000031 by early July 15. The breakout saw over 3.5 trillion tokens traded in a single hour, highlighting significant activity from larger market players, according to CoinDesk Research.

Key Factors Behind the Rally

The anticipated burn of 1 trillion BONK tokens is a major catalyst, expected to tighten supply and support long-term price gains. This burn will be triggered once the community reaches the milestone of 1 million on-chain holders, reflecting growing adoption and engagement.

Further validating BONK’s rising profile, the token was recently added to Grayscale’s asset watchlist, signaling increased institutional recognition and shifting perceptions of meme tokens as viable investment assets.

Market Overview and Technical Highlights

• BONK surged 15% from $0.000027 to $0.000031 within 24 hours.
• Peak trading volume topped 3.5 trillion tokens during the July 15 morning breakout.
• Open interest increased 9%, indicating stronger trader conviction.
• The upcoming token burn adds a significant deflationary component to BONK’s outlook.
• Following the rally, price found support near $0.000026 and consolidated around $0.000028.
• A 2% price jump at 12:30 UTC accompanied a volume spike of 75 billion tokens.
• BONK currently trades at $0.0000294, up 7.8% on the day, maintaining a bullish structure.

Outlook

With deflationary supply mechanics, deepening liquidity, and expanding institutional interest, BONK looks set to continue its positive momentum. Investors and traders will be watching closely to see if BONK can sustain these gains and cement its position in the evolving crypto market.