FX168 Financial News Agency (Europe) reported that Solana, a blue chip public chain in the United States, replaced Ethereum and became the focus of this year's TOKEN 2049 Summit in Singapore. The meme coin BONK under the public chain announced that it would launch an exchange-traded product (ETP) and hinted that the BONK ETF might be launched in the future.
Last week, from September 20 to 21, the fourth Solana Breakpoint Conference was held in Singapore. As the largest and most indicative event in the Solana ecosystem every year, it attracts a lot of attention from all Solana developers, as well as other cryptocurrency and public chain investors.
Crypto leaders such as Bybit CEO Ben Zhou, OKX co-founder Jason Lau, and Circle CEO Jeremy Allaire also participated in the conference.
Solana Breakpoint is not only an annual event for the Solana ecosystem, but also a showcase for Alpha opportunities in the ecosystem.
At this year's TOKEN 2049 Summit in Singapore, Solana Breakpoint brought a lot of positive information to cryptocurrency investors. It is reported that Solana Breakpoint is more lively than the main venue and is the most eye-catching summit event this year, even surpassing the mainstream old blockchain Ethereum. In addition to the new Web3 smartphone Solana Seeker, Web3 booking platform Travala also announced the integration of Solana.
Not only the above-mentioned ecological projects, but also leading projects such as Pyth, Wormhole, and MagicEden also released the latest project progress at the Solana Breakpoint Conference. The organizers of the conference announced that the next conference will be held in Abu Dhabi from December 11 to 13, 2025, and it is expected to attract more participants from the Middle East and the world.
As a star decentralized finance (DeFi) project on the Solana public chain, the liquidity aggregator Jupiter said that this year it has launched the V2 version of the contract trading product (Perps), the mobile application Jupiter Mobile, and the meme coin trading tool Ape Pro, and acquired Coinhall and SolanaFM.
Solayer and OpenEden have jointly launched the yield stablecoin SUSDC.
The meme coin BONK announced that it will soon launch ETP and hinted that the BONK ETF may be launched in the future.
The rise of BONK meme coin is closely related to the enthusiasm of Solana ecosystem. When the public chain issued Solana Saga mobile phone, it provided consumers with the ability to airdrop BONK tokens, which not only stimulated the price of BONK tokens to soar, but also triggered the hot purchase of Saga mobile phones.
As of Thursday (September 25) in the Asian market, BONK tokens fluctuated at $0.00001862, with a year-on-year increase of an astonishing 8788%.
Source: CoinMarketCap
Coinbase, the world's leading cryptocurrency exchange, announced at the meeting that it will introduce cbBTC into the Solana ecosystem to further promote the expansion of the ecosystem.
Manta Network has partnered with BONK to launch a meme-themed campaign. This collaboration aims to build an interconnected meme community and boost user engagement and eligible participants can claim MANTA rewards over the next month.
CatherineBonk (BONK) sees $701.83M trading volume surge, priced at $0.00003435, up 5.86% in 24 hours. Factors: community engagement, positive sentiment. Technical indicators support bullish trend.
Xu LinBonk (BONK) sees a 28% surge to $0.00003243 in 24 hours, driven by anticipation of Ethereum ETF approval. Trading volume spikes 299%. As a Solana-based meme coin, BONK aims for fair dApp ecosystem. Technical indicators hint at potential correction despite bullish sentiment.
Huang BoBithumb's listing of Bonk (BONK) triggers bullish trend in South Korea's crypto market. BONK, Solana's first dog-themed token, surges 9.57% post-announcement. Increased trading volume and market cap indicate growing investor interest. Open Interest up by 13.24%, signaling bullish sentiment.
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KikyoBONK surpasses Floki Inu in market cap after a 103% surge, showing bullish momentum despite recent declines. Social buzz rises, but sentiment dips.
Huang BoSlothana, a new meme coin on Solana, has raised over $10 million in its presale and aims for a $420 million market cap, reminiscent of BONK's success. With a humorous sloth mascot and strong social media presence, Slothana seeks to ride the wave of meme coin mania, potentially replicating BONK's explosive rise in the crypto market.
JoyWhile Bonk's current performance reflects a bullish stance, market participants should closely monitor these key price levels and technical indicators.
BerniceBONK's price stagnation suggests a possible period of consolidation, with stable trader numbers but declining trade volume. The Relative Strength Index (RSI) is below the overbought stage, indicating market stabilization after a surge in March. Additionally, converging Exponential Moving Averages (EMA) hint at a potential bearish trend. Trading activity has dwindled, with both daily trades and active traders decreasing. If BONK can maintain support levels, its price may stabilize; otherwise, it risks a downturn.
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Alex