Claim $500Coinbase Announces Listing of Solana’s BONK Token
Coinbase has officially added the BONK token to its listing. BONK, a dog-themed token operating on the Solana blockchain, has gained substantial momentum in the digital currency market. Consequently, BONK’s value skyrocketed, reaching a new all-time high of $0.00001549 per CoinMarketCap data.
BONK’s Market Performance
Coinbase’s decision to list BONK has notably impacted the coin’s market performance. Initially, the news of a potential listing led to a brief BONK price spike, followed by a dip. However, with Coinbase’s confirmation of the listing, set for Thursday if liquidity conditions are met, the coin rebounded strongly. BONK will bear Coinbase’s “experimental” label, a tag for new assets on the exchange, yet it will be tradable like any other cryptocurrency.
BONK/USD price chart
BONK’s remarkable growth is not an isolated event in the crypto sphere. Its recent gains, amounting to 77% in a week and an astounding 736% over the past month, have propelled it past FLOKI in market capitalization, making it the third-largest dog-inspired coin. This growth mirrors the overall upward trend of Solana (SOL), which has seen a 37% increase this month and a 418% rise from the previous year, according to CoinGecko.
The Ripple Effect of BONK’s Listing
The excitement around BONK’s Coinbase listing is more than just about the meme coin itself. It reflects the broader sentiment in the cryptocurrency market, where significant exchange listings often lead to increased investor interest and market activity. BONK’s listing on Coinbase is anticipated to bring more visibility and trading volume to the coin, potentially influencing its market position and the perception of Solana-based assets in general.
Moreover, Coinbase’s decision to list new assets like BONK stems from its commitment to transparency. The exchange aims to disseminate balanced information, ensuring investors are well-informed about potential opportunities and risks. However, Coinbase cautions users against premature deposits of these emerging tokens to avoid the risk of potential fund loss.
Read Also: CoinMENA Gains Vital Dubai Crypto License, Expands Reach
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Premium Partners
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Binance Founder CZ Reacts as BNB Chain Dominates Ethereum, Solana In This Metric
- Mike Novogratz Credits XRP Army for Token’s Relevance as ETFs Maintain Inflow Streak
- Aave DAO Saga Update: Majority Votes Against Token Alignment Proposal as Voting Nears End
- Trump-Linked USD1 Stablecoin Crosses $3B Market Cap After Binance Rolls Out 20% Yield
- Crypto India: Billionaire Nikhil Kamath Reveals He Holds Zero Bitcoin, Plans to Explore BTC in 2026
- Bitcoin Price on Edge as $24B Options Expire on Boxing Day — Is $80K About to Crack?
- Crypto Market Rebounds: Are Bulls Positioning for a Santa Rally?
- XRP, Bitcoin, Ethereum Price Predictions Ahead of Jan 2026 CLARITY Act and US Crypto Reserve Plans
- Pi Network Analysis: Pi Coin Price Surges on Christmas Eve, Can It Hit Year-End Highs?
- Why Dec 26th Is A Do Or Die for Bitcoin Price Ahead Of Record Options Expiry?
- Why Bitcoin, Ethereum And XRP Prices Are Down Today? (24 Dec)
