The post Can Solana Meme Token BONK Reach The Top 20 With SOL By 2025? appeared on BitcoinEthereumNews.com.

Solana teased breaking new all-time highs in 2024 after peaking at $212 in March. It did so off the back of the hyperactive Solana meme coin sector, buoyed by top-ranked Solana meme coin BONK. BONK, for its part, surged to prominence as it grew to a $2.7 billion market cap virtually overnight. However, the smart money is moving on to Raboo ($RABT), which has ensconced itself at the center of the crypto conversation with its sensational presale. With every milestone it breaks, Raboo looks every bit the blue chip that pundits say it is. Raboo could give BONK and the Solana meme coin sector a run for their money in 2024—here’s why. Solana ETFs could spark a rally to $200 Solana has superseded Ethereum in mindshare. In 2024, Ethereum already seems like an afterthought, with Solana dominating the discussion. In particular, the Solana meme coin sector drew so much investment that Solana almost broke its previous all-time high in March. While that hype cycle has fizzled out, another one might be brewing on the horizon with the launch of Solana ETFs. Solana may very well break past resistance at $200 once the first ETFs list in 2025—and when it does, you can expect the Solana meme coin sector to go boom. BONK ready for another crack at the top 20 cryptos in 2025 BONK is the poster child of the Solana meme coin industry, establishing itself as the “top dog” of the bustling niche. While BONK failed to break into the top 20 crypto tokens by market cap, it came well within earshot of achieving the feat earlier this year when it peaked last March. And since BONK’s fortunes are closely intertwined with that of Solana, any potential growth by Solana in 2025 could have BONK challenging for a spot…

---

Filed under: News - @ September 15, 2024 8:07 pm