#MarketRebound You can close your economics books and throw them in the nearest trash can. Because the year 2025 in cryptocurrencies - is not about common sense. It's about Bonk, Solana, and beyond
Bonk makes everyone - and it's not a joke
You read that right. Bonk - a meme coin based on Solana - has risen by nearly 120% in the last two weeks. Why? Because speculative funds, which yesterday pretended not to care about the term "meme coin", are now rushing to exchanges like students before exams, and buying them by the sack.
The Asymmetric hedge fund invested a six-figure sum in Bonk. It seems that after failing with classic strategies, they decided: "Let's try to do it like TikTokers now!"
Solana: from "these your blockchains" to "give me two"
SOL, which hit rock bottom in January, like a drunk sailor, is now trading at over 150 $ and that after a drop to $80. Moreover, the rise is accompanied by an explosion in trading volumes - over 3.2 billion $ per day, indicating interest not only from retail investors but also from large wallets. Even those who yesterday swore allegiance to Ethereum, today whisper Solana in their ear: "Now you are my love."
Why? Because Solana is cheap, fast, and... you can launch meme coins on it. And meme coins, as practice has shown, are the new oil of the crypto market.
Avalanche - does not delay, but without fervor
AVAX, unlike Bonk and Solana, is not doing anything extraordinary, but it is recovering. Slowly, surely, like a man after New Year: - fell, rolled over, now has gotten up, shaken off the snow, and left. The increase - about 32% in the last month, volumes have increased by 21%. Institutions are turning their attention.
What is really happening?
Everything is simple. The Bitcoin halving, which recently took place, dealt a blow to the market.