Solana
2 months agoNews Editor

Solana meme coin baton briefly tops $10 million market cap, up more than 470% in 24 hours

According to GMGN data, Solana-based meme coin baton briefly pushed its market capitalization above $10 million before pulling back to $7.9 million. The token posted a gain of more than 470% over the past 24 hours. BATON is described as a community meme coin derived from the historical narrative around Baton Corporation, the company behind Pump.fun, and its early project Baton Finance. The token only borrows that narrative and is not affiliated with Pump.fun officially. Odaily said meme coins can see sharp price swings and reminded investors to take part with caution.

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Solana meme coin baton briefly tops $10 million market cap, up more than 470% in 24 hours
BONK
2 months agoNews Editor

BONK in 24 questions: ecosystem scope, product stack, community model and financialization

Foresight has published a long-form FAQ that maps BONK beyond its meme-coin label, framing it as a Solana-native SPL community token whose development now spans trading tools, DeFi integrations, launchpad activity, NFT and gaming use cases, and emerging access points in traditional finance. The piece argues that BONK’s role inside the Solana network is tied not only to its chain of issuance but also to its early distribution across NFT users, DeFi participants, artists, collectors and developers. The FAQ also draws sharp lines between the BONK token and the various entities or products around it, including BONK Foundation, BONKfun, BONKbot and Bonk, Inc., noting that token ownership does not confer equity, dividends, revenue rights or profit claims. It highlights public figures shown on BONK’s website, including more than 1.1 million holders and over 400 ecosystem integrations, while cautioning that these metrics do not guarantee future performance. On the financial side, the article says BONK now has third-party trust and ETP routes, including Osprey BONK Trust under the ticker OBNK and a BONK ETP from Bitcoin Capital traded on SIX Swiss Exchange. It also cites a Blockworks Q2 2026 report saying BONK-related products recorded about $2.4 million in quarterly revenue, with BONKbot at about $1.51 million and BONKfun at about $880,000, while noting the research was sponsored by Lucky Dog Holdings.

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BONK in 24 questions: ecosystem scope, product stack, community model and financialization
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