At the moment, we analyze the crypto TON, SOL (Solana), and Bonk, that are experiencing worth actions barely indifferent from Bitcoin and Ethereum and are price inspecting.
Evaluation of the crypto TON, SOL (Solana) and Bonk
One of many altcoins that’s displaying fascinating worth actions is Toncoin (TON).
In latest weeks, Telegram has introduced a number of updates relating to TON, and thus the worth of this cryptocurrency has moved, though with out a clear bull or bear path.
Nevertheless, it isn’t sufficient to look at the worth pattern of TON in US {dollars} (USD), as a result of it is usually advisable to look at the worth pattern of Bitcoin (BTC) to detect the variations with the final pattern.
In USD the worth of TON went from $2.8 to over $3.7 in lower than a month, from the start of July to the start of August. Then it dropped again under $3.4 yesterday.
Nevertheless, these aren’t notably important ranges, additionally as a result of they’re nonetheless decrease than these firstly of April.
Furthermore, firstly of the yr, it was above $5.6, and throughout the Trump-trade, it reached a peak of over $7.2.
It must be famous, nevertheless, that TON landed on the crypto markets proper over the last main bull run (the considered one of 2021), which it couldn’t totally make the most of. In truth, the actual bull run of TON occurred final yr, when it went from $2 to over $7. Subsequently, it isn’t advisable to make use of the $4.9 of October as a reference worth, however quite the $2 from the start of 2024.
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Extra fascinating is to investigate the pattern of the worth in Bitcoin.
In truth, ranging from the top of September 2024, that is virtually in fixed decline.
Because of the Trump-trade it fell from 0.089 thousandths of BTC to 0.060, then persevering with the decline throughout 2025 all the way down to 0.025 in mid-July. Seen this fashion, it’d appear to be a collapse, particularly because it additionally fell nicely under the lows of 2024, set at 0.036.
Ranging from July 15, nevertheless, a rebound started, which could nonetheless be ongoing, that introduced it again as much as above 0.032 thousandths of BTC, earlier than returning to the present 0.029.
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Evaluation of the worth of SOL (Solana)
The pattern of the worth of SOL (Solana) is following a distinct path.
On this case, the primary key to understanding is the evaluation of the memecoin market.
Solana throughout the bull run of 2021 grew loads, however in hindsight, we will say that it didn’t develop that a lot.
In 2022, nevertheless, it skilled an actual collapse, each because of the implosion of the Terra/Luna crypto ecosystem after which because of the failure of FTX.
In 2023, there was a big restoration, thanks largely to the memecoin market. In truth, ranging from that yr, the memecoin market started an actual shift from Ethereum to Solana, resulting from a lot decrease charges, and particularly the a lot decrease prices of making new tokens.
All this then led to an actual increase of memecoins and Solana in 2024, culminating within the launch of Donald Trump’s official memecoin in January 2025.
Since then, the memecoin market has struggled, dragging down the worth of SOL as nicely, however it’s a market that may in all probability get well in the end.
In gentle of this, it isn’t shocking that in January 2025 the worth of Slana reached its all-time excessive, at a worth (294$) nicely above the excessive of 2021 (round 240$), nor that it subsequently underwent a powerful correction.
Suffice it to say that with a worth of about $150 in October 2024, earlier than the Trump-trade, throughout 2025 it dropped to virtually $100, and even now it’s under $170.
Word that after hitting the low of 2025 in April, it then tried two rebounds, the primary of which was solely half profitable, and the second nonetheless appears to be ongoing.
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The pattern of the worth of Bonk
Bonk is traditionally the primary memecoin on Solana.
Just lately, nevertheless, it has been surpassed by PENGU (Pudgy Penguins) in market capitalization, which highlights how troublesome it’s for a single memecoin to remain on the bull of the wave for a very long time.
Bonk in actual fact landed on the crypto markets solely in 2023, whereas PENGU even in December 2024.
The memecoin market certainly tends to have highs and lows, however ultimately, it at all times appears to get well. Nevertheless, this can’t be mentioned for particular person memecoins, which as a substitute are likely to have an preliminary interval of highs, adopted by very lengthy durations of lows. To revive the memecoin market, new ones, not too long ago born, typically come into play, whereas the older ones are likely to disappear (except for Dogecoin).
Bonk recorded its all-time excessive in November 2024, throughout the full Trump-trade, however then misplaced 56% from these ranges.
Throughout 2025, the decline was really a lot higher, with a primary try at a rebound failing in Could, and a second nonetheless ongoing. Regardless of this second rebound being important in each respect, the majority of the 2025 losses from the late 2024 highs is but to be recovered.
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If Pengu have been to reach definitively taking the management amongst memecoins on Solana, there’s a threat that Bonk would possibly wrestle considerably to get well.
