{"id":645551,"date":"2025-04-21T11:26:12","date_gmt":"2025-04-21T11:26:12","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=645551"},"modified":"2025-04-21T11:33:41","modified_gmt":"2025-04-21T11:33:41","slug":"bonk-price-prediction-bonk-pumps-4-as-experts-say-consider-this-solana-layer-2-scaling-solution-ico-for-exponential-gains","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/sponsored\/bonk-price-prediction-bonk-pumps-4-as-experts-say-consider-this-solana-layer-2-scaling-solution-ico-for-exponential-gains","title":{"rendered":"Bonk Price Prediction: BONK Pumps 4% As Experts Say Consider This Solana Layer-2 Scaling Solution ICO For Exponential Gains"},"content":{"rendered":"

The Bonk price has surged 4% in the last 24 hours to trade at $0.00001262 as of 6 a.m. EST on a 10% pump in trading volume to $74.5 million.<\/p>\n

Bonk Price Rebounds After A Double Bottom Formation<\/h2>\n

The BONK\/USDT trading pair shows fresh bullish momentum after months of downward pressure, signaling a potential trend reversal. Between January and March 2025, the token was locked in a strong downtrend, sliding from around $0.00002200 to a low of approximately $0.00001000.<\/p>\n

This move formed a clear bearish channel, with sellers dominating the market. However, bulls are now stepping in, and the tide appears to be turning. The chart shows a key technical development, a double bottom, around the $0.00001000 zone, which is a classic reversal signal.<\/p>\n

\"Bonk<\/p>\n

BONKUSDT Analysis Source: Tradingview<\/p>\n

This major support zone held firm, attracting buying interest and setting the stage for a bounce. BONK broke above the neckline at $0.00001200, confirming the pattern. The price currently trades at $0.00001261<\/a>, just above that breakout level, which now acts as new support.<\/p>\n

Attention now turns to the resistance zone between $0.00001500 and $0.00001700. This area has previously seen heavy selling, but if bulls can push through it with strong volume, BONK could target 0.00002000 USDT or higher in the coming days or weeks.<\/p>\n

Fueling this move is a technical gap in the chart, Fair Value Gaps (FVG) and liquidity pockets, within that resistance area, which the price often seeks to fill. Adding to the optimism, the Relative Strength Index (RSI) has climbed to 53.76, a healthy spot that reflects increasing buying pressure without being overbought.<\/p>\n

BONK is flashing bullish signals after a long sell-off. The successful breakout from the double bottom pattern, rising RSI, and visible upside targets suggest a fresh rally may be underway. If support holds above $0.00001200, traders and investors could see BONK make a strong push toward higher resistance levels soon.<\/p>\n

Solaxy (SOLX) Closes On $31M In Presale – Best Crypto To Buy Now?<\/h2>\n

As Bonk struggles to maintain its bullish momentum, investor interest is shifting toward Solaxy (SOLX),<\/a> a fast-rising project built on the SOL network.<\/p>\n

Solaxy has already raised $30.9 million in its presale, positioning itself as Solana’s first layer-2 (L2) scaling solution.<\/p>\n

Inspired by Ethereum’s Arbitrum and Optimism, Solaxy will handle transactions off-chain and settle them on Solana’s mainnet. This approach is designed to reduce fees and increase speed, key improvements as Solana continues to deal with high congestion and latency.<\/p>\n

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🔥 The Solaxy Era Begins 🔥<\/p>\n

The Solaxy TestNet Block Explorer is now live! This is the first step in bringing about $SOLX<\/a> domination. 🛸🪐<\/p>\n

Check it out for yourself below 👇https:\/\/t.co\/VWq2cscsrK<\/a> pic.twitter.com\/8rIQfOHAwb<\/a><\/p>\n

— SOLAXY (@SOLAXYTOKEN) April 19, 2025<\/a><\/p><\/blockquote>\n