Bonk jumps 4% as institutional activity signals growing Solana confidence

BONK, based on Solana, saw a significant price increase of 4% in a 24-hour period. It peaked at 0.0000218 USD, settling at 0.0000213 USD after experiencing robust trading activity, with a volume spike to 574.8 billion tokens.

Growing confidence among institutions in Solana is highlighted by a newly launched 1 billion USD investment fund involving major crypto entities. Additionally, Safety Shot’s allocation of 25 million USD in BONK illustrates increasing acceptance of meme tokens in corporate finance.

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