BONK Surges 15% Amid Institutional Demand and Planned Trillion-Token Burn
July 15, 2025
BONK, the popular Solana-based meme token, rallied 15% over the past 24 hours as institutional interest picked up and the community’s plan to burn 1 trillion tokens added fuel to the price surge.
The token climbed from $0.000027 on July 14 at 13:00 UTC to a peak of $0.000031 by early July 15. Trading volumes hit a peak of over 3.5 trillion tokens during this time, signaling strong activity driven by larger investors, according to CoinDesk Research’s technical data.
Drivers Behind the Rally
Key to the recent momentum is BONK’s upcoming 1 trillion token burn, designed to reduce circulating supply and strengthen the case for long-term price appreciation. This burn is tied to reaching a major adoption milestone of 1 million on-chain holders, reflecting the token’s growing user base.
Further boosting confidence, BONK was recently added to Grayscale’s asset watchlist, marking an important step toward mainstream institutional recognition for meme tokens.
Market and Technical Highlights
- BONK gained 15% from $0.000027 to $0.000031 between July 14 and 15.
- Peak trading volume exceeded 3.5 trillion tokens during the 06:00–07:00 UTC breakout phase.
- Open interest climbed 9%, indicating rising trader conviction.
- The planned token burn introduces a powerful deflationary dynamic.
- Price stabilized near $0.000028 post-rally, supported at $0.000026.
- A brief 2% price spike at 12:30 UTC coincided with 75 billion tokens changing hands.
- BONK currently trades at $0.0000294, up 7.8% on the day with a bullish technical outlook intact.
Looking Ahead
With deflationary mechanics, strong liquidity, and growing institutional involvement, BONK appears well-positioned to maintain its upward trajectory. Market watchers will be keen to see if the token can build on this momentum and establish itself as a durable player in the crypto space.
