A surge of 8788% in one year! Wall Street's shocking signal: Will the US blue chip public chain Solana's meme coin BONK launch an ETF?

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.