Institutional Demand Fuels BONK Breakout Amid Burn Plan, Holder Surge

coindesk.com/markets/2025/07/15/institutional-demand-fuels-bonk-breakout-amid-burn-plan-holder-surge

BONK saw a 15% breakout, driven by a jump in trading activity and rising on-chain traction.
With open interest increasing 9% and derivatives volume also higher, market participants are signaling increased conviction in the Solana-based meme token’s upside potential, according to CoinDesk…

This story appeared on coindesk.com, 2025-07-15 15:18:43.
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