#MarketRebound You can close your economics books and throw them in the nearest trash bin. Because the year 2025 in cryptocurrencies - is not about common sense. It’s about Bonk, Solana, and beyond
Bonk is making everyone - and this is not a joke
You read that correctly. Bonk - a meme coin based on Solana - has surged 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 finals, buying them by the bagful.
The hedge fund Asymmetric 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 blockchain of yours" to "give me two"
SOL, which hit rock bottom in January like a drunk sailor, is now trading at a level of over 150 $ and that after a drop down to $80. Moreover, the increase is accompanied by an explosion in trading volumes - over 3.2 billion $ per day, indicating interest not just from retail investors but also from large wallets. Even those who yesterday swore allegiance to Ethereum are now whispering 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 - not late, but without fervor
AVAX, unlike Bonk and Solana, is not doing anything extraordinary, but it is recovering. Slowly, surely, like a person after New Year: - it fell, rolled over, now it has risen, 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 actually happening?
Everything is simple. The recent Bitcoin halving has dealt a blow to the market.