🐋 Whale reserves and social background
• Whales are significantly accumulating SOL — from mid-May to early June, the share of stablecoins among holders with $5 million+ surged to 56%, then slightly decreased to 53% — this indicates a redistribution of capital into risky assets, including BONK and other Solana meme coins  .
• Social media activity: Dogecoin continues to hold first place in engagement — 31k posts and ≈2.6 million interactions per day. PEPE is also ahead with 24k posts and 2.4 million interactions — high engagement often foreshadows price spikes .
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🌐 Solana and the BONK ecosystem
• SOL is in a downtrend — from $187 to $140 with the formation of a 'bull flag'. A pullback to $156 is possible, which is good for the network's landing, but meme coins are still suffering: DeFi activity has dropped from $97 billion to $46 billion, and meme coin capitalization has fallen from $30 billion to $9 billion.
• BONK and partnerships: updates from DeFi Dev Corp show growth in institutional support — over 920,000 holders, capitalization ~$1.8 billion .
• The Potential of ETFs on Solana: the launch of the first Solana ETFs in July may support SOL and the meme coins of the BONK ecosystem .
• Short-term support break: Bonk broke the key zone at $0.0000145, which warns of a possible correction to $0.0000125 . We are watching to see if the level holds.$SOL #Bonk #Dogecoin
