Sharps Technology Announce Plans to Stake Treasury in BONK, Analyst Projects Parabolic Rally

Sharps Technology has announced plans to stake a portion of its treasury in BONK. This has led to bullish projections from experts, as a crypto analyst projects a parabolic rally for the token.

Sharps Technology To Stake SOL Holdings In BONK

In a recent press release, Sharps Technology announced it will allocate a portion of its recently acquired 2 million SOL into BonkSOL, BONK’s liquid staking token (LST). The initiative would be funded by a private investment deal led by Cantor Fitzgerald & Co. 

This is designed to generate staking yields while supporting liquidity within the meme coin and Solana ecosystems.

James Zhang, a strategic advisor to Sharps Technology, said the collaboration reflects the company’s commitment to backing key players across the Solana network. 

“Partnering with BONK provides us with new avenues to potentially generate increased returns for our shareholders, while amplifying our presence across Web3 and beyond,” he explained.

The meme coin’s core team echoed the sentiment, noting that the company has built one of the most active Solana treasuries in the market. 

“This partnership strengthens BONK’s institutional footprint and continues our mission to maximize distribution and value back to the Solana community,” a core contributor said.

The token has steadily evolved into a major infrastructure player on the Solana blockchain. Its products now span over 400 integrations. This includes BONKBot, which has processed over $14 billion in lifetime trading volume, and Bonk.fun, which recorded $28 million in quarterly revenue. Meanwhile, BonkSOL, its liquid staking product, has attracted close to 200,000 SOL.

The latest partnership is similar to Lion Group Holding, which recently reallocated its Solana holdings into Hyperliquid (HYPE).

Analysts Turn Bullish on BONK

Market analysts are now projecting a potential parabolic rally for the token, particularly after its recent price pullback. A well-followed analyst on X described the latest dip as “the last dip ever before parabolic.” He suggested that the risk-to-reward setup heavily favors upside.

Adding fuel to the bullish narrative, Tuttle Capital filed for multiple income-based ETFs tied to BONK, Sui, and Litecoin. News of the filings triggered a swift rally across all three assets, with the meme coin posting a gain of more than 3% in 24 hours. 

Furthermore, crypto expert Kadense highlighted that the token is retesting key liquidity zones. He predicted further strength as macroeconomic conditions, such as potential interest rate cuts, align with crypto’s cyclical uptrend.

$BONK looking real good here

Retest of the liquidity zone and after downtrend break out heading into interest rate cuts and Q4 with multiple tradfi products in the pipeline$BONK DAT❗️❗️❗️ pic.twitter.com/rR2T8EI3rR

— Kadense Pengu°❗️❗️❗️ (@iamkadense) September 17, 2025

The token has been gradually working its way back toward its previous all-time highs. Traders argue that institutional support, coupled with an expanding product suite, could provide the spark needed to push the token decisively higher.