Bonk rises 8.78% as Solana meme interest returns
Bonk (BONK)
Editor:
Eugene Serbin
tradersunion.com reported that Bonk gained 8.78% following persistent demand and elevated trading activity. This rally occurred after a recent surge among Solana-based meme tokens, pushing the token to one of the top weekly performances in that sector. The market capitalization climbed to approximately $312.6 million, while 24-hour trading volumes reached near $56.77 million.
Price levels held at $0.0000038, staying above the 20-day moving average of $0.00000312 and the 50-day average of $0.00000295. Despite this short-term strength, the price remained below the 200-day moving average at $0.00000455, indicating a longer-term bearish structure. Technical indicators showed constructive momentum, with the MACD and ADX pointing to ongoing upward trends.
The RSI sat at 56.6 and the CCI at 73.2, suggesting a buying bias, while the BBP indicated intraday buying strength. A downside gap of about 14% was overcome as the price rallied to near the day’s high with intraday volatility of 14.71%. Analysts highlighted a shift toward short-term bullish momentum following stabilization above key support levels. They noted that a sustained break above $0.0000039 resistance could set the stage for further upside within the established volatility band.
How the market reacted
Whalio's own Binance spot order flow for BONK, measured when this story was written up on 29 September 2026. Not the outlet's figures.
BONK is currently trading at $0.000003500 on Binance spot data. The 1-hour buy ratio stands at 45.6%, while the 4-hour ratio is 47.9%, both trailing the 24-hour buy ratio of 49.5%. This divergence suggests that buying pressure is fading in the shorter timeframes compared to the full day. Volume delta is negative across all periods, with -$110,616 in the last hour and -$176,266 over four hours. A negative volume delta means that sell volume exceeded buy volume during these periods, indicating net selling pressure. Despite this, the 24-hour CVD closed at +$82,131, showing that cumulative buying pressure has been stronger over the full day. Spot volume for the 24-hour period was $5,268,842 across 41,957 trades.
The latest daily buy ratio of 50.5% sits at the 68th percentile of the last 322 days, against a median of 49.6% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for BONK, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 49.0%, with the latest day showing a slight increase of 0.5 points. However, the 24-hour volume of $5,268,842 is only 0.57x the weekly average, indicating lower than usual activity. Volume delta over the eight-day period totaled -$787,042, contrasting with the positive 24-hour CVD. Only two of the seven days experienced net buying, suggesting that selling pressure has been more common recently. The price change over eight days was +3.9%, showing modest growth despite the mixed flow signals.