Bonk continues to make headlines following a massive token burn that has reignited investor interest and triggered a sharp price pump.
In recent days, Bonk completed a burn of more than 500 billion tokens, helping push its price up by 161% over the past month.
While Bonk rallies on Solana, a new presale crypto called Bitcoin Hyper is gaining attention as a potential 100x gem. The project is backed by a bold plan to scale Bitcoin through its own Layer 2 infrastructure.
Here’s a look at what’s fueling Bonk’s surge and why Bitcoin Hyper is quickly becoming one of the most watched presales of Q3 2025.
Source – 99Bitcoins YouTube Channel
Bonk Surges After 500B Token Burn as Market Cap Nears $3 Billion
Bonk’s recent rally is closely tied to a large token burn that permanently removed over 500 billion BONK tokens from circulation.
The burn was driven by transaction fees collected on LetsBONK.Fun, the project’s meme coin launchpad built on Solana. This mechanism is fully transparent and trackable through the official Bonk website.
By reducing supply during a period of growing demand, the burn created deflationary pressure that helped lift the price. Bonk has seen a modest gain this week, but its price has jumped 156% over the past month, showing strong upward momentum.
Its market capitalization now sits just below $3 billion, making it the fifth-largest meme coin behind Dogecoin, Shiba Inu, Pepe, and Pudgy Penguins.
Bonk (BONK) Price Analysis
BONK is currently trading within a narrow range following its recent rally. This suggests a period of consolidation as the market pauses after a strong upward move, likely driven by the burn event and renewed sentiment in the Solana ecosystem.
The $0.00003600 level has been tested multiple times but continues to act as strong resistance. Unless buying volume increases, this zone may limit further upside.
Just above, the $0.00003750 level represents a historical rejection area where price previously spiked and then dropped. Many traders may still be looking to take profits at this level.
On the downside, support at $0.00003300 has held firm over several candles, signaling steady accumulation from buyers.
If price dips further, the $0.00003100 level is considered the strongest support, having marked the bottom of the last correction and the start of Bonk’s recent upward momentum. A bounce from this area could lead to another leg higher.
The Battle for Solana’s Top Launchpad
A major factor behind Bonk’s momentum is the growing dominance of its native launchpad, LetsBONK.Fun. What started as a feature within the Bonk ecosystem is now one of the most active platforms for launching new tokens on Solana.
Source – Kakashi Twitter
According to a recent post on X, LetsBONK.Fun captured 56% of today’s revenue among meme coin launchpads, while Pump.fun held 33%. Together, they made up 89% of Solana’s total launchpad volume for the day.
Many new projects are now choosing LetsBONK.Fun, with activity quickly shifting toward the platform.
This kind of traction is rare in meme coin ecosystems and suggests Bonk is growing into something much bigger than just a typical meme token. The trend is building community confidence and adding to the strong bullish outlook.
Bitcoin Hyper: A Scalable Layer 2 Solution for Bitcoin
While Bonk continues to lead the Solana meme coin space, another project is starting to gain strong interest.
Bitcoin Hyper is a new Layer 2 built for Bitcoin that aims to solve one of its biggest problems: scalability. Unlike Ethereum Layer 2s like Arbitrum or Base, Bitcoin Hyper focuses only on making Bitcoin faster and cheaper to use.
Source – Bitcoin Hyper Twitter
The project plans to support low-cost transactions, launch meme tokens, and host decentralized apps directly on Bitcoin. This could help Bitcoin become more than just a store of value and open it up to more real-world use.
Bitcoin Hyper is now in its presale phase and has already raised over $5 million. Investor interest is growing fast as people look for projects with real utility.
Crypto analyst Austin Hilton described Bitcoin Hyper as a promising Layer 2 that brings Solana-like speed and low fees to Bitcoin. He also pointed out the strong momentum behind its presale.
To join the Bitcoin Hyper presale, it’s recommended to use a non-custodial wallet, as it offers better privacy and control.
One of the top choices is Best Wallet, which is available on Google Play and the Apple App Store. It does not require ID or KYC and allows users to join early-stage crypto projects with full privacy.
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