Solana-Based BONK Overtakes Shiba Inu & Dogecoin in Trading Volume: What's Driving the Frenzy?

The meme coin market is heating up, and a new contender has emerged: BONK, a memecoin based on the Solana (SOL) network. BONK is making waves, and its recent performance has turned heads, surpassing the trading volumes of established giants like Shiba Inu (SHIB) and Dogecoin (DOGE) on major exchanges like Coinbase.

BONK's Meteoric Rise: From Stagnant to Surging

BONK has seen a significant price rise since November, fueled by the resurgence of the Solana ecosystem. While the memecoin's price remained stagnant for most of 30 de sept. de 2025, recent developments have propelled it to the forefront. What happened? Dog-themed Bonk emerged as the best-performing billion-dollar capitalization meme coin in the last 24 hours and the third-best cryptocurrency overall.

Outperforming the Doge Pack

BONK, a Solana-based meme coin, has continued to outperform the likes of Dogecoin and Shiba Inu over the last week. As the SOL price has rallied, so has its ecosystem, and BONK has been a major beneficiary. Moreover, the Solana-based token’s trade volume has surpassed rivals such as Dogecoin (DOGE) and Shiba Inu (SHIB) on Coinbase, exceeding the $30 million mark.

Will BONK Continue its Reign?

The question on everyone's mind is: Will BONK maintain its momentum? The memecoin market is notoriously volatile, but BONK's strong performance and the revitalization of the Solana network suggest it could be a force to be reckoned with. Keep an eye on BONK as it continues to challenge the established hierarchy of meme coins.