BONK jumps more than 10% in 24 hours as momentum pushes price higher

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email BONK jumps more than 10% in 24 hours as momentum pushes price higher The Solana-based token passed through a key technical level before easing back into consolidation. By Jamie Crawley , CD Analytics | Edited by Sheldon Reback Jan 2, 2026, 9:02 a.m. What to know : BONK rose about 10.6% to trade near $0.00000833, extending a short-term rebound. Trading activity increased during the advance, coinciding with a move above $0.00000820. The price later pulled back, leaving the token in a consolidation range just below $0.00000840. BONK climbed in the past 24 hours, rising roughly 10.6% to around $0.00000833 as the token advanced through a key technical threshold. The move unfolded steadily, with price tracking higher across the session and setting a series of higher intraday lows before reaching peaks near $0.00000844, according to CoinDesk Research's technical analysis data model. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . The most decisive acceleration occurred when trading activity expanded significantly during the move above $0.00000820, a level that had capped prior advances. That push carried BONK into the upper end of its recent range, marking one of its strongest daily performances in weeks. Volume remained elevated through the advance, underscoring heightened participation as price tested higher levels. BONK subsequently eased back toward the $0.00000830–$0.00000835 zone, where trading narrowed into a tighter range. The pullback has so far been contained, with price holding above the earlier breakout area near $0.00000820, which now acts as an important reference point. As BONK consolidates, the near-term focus is on whether the token can remain above $0.00000820 and build a base for another attempt toward the $0.00000840–$0.00000845 area. A sustained move below that level would shift attention back to the lower end of the recent range, while stability above it would keep the short-term upward bias intact. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy . AI Market Insights Technical Analysis Bonk More For You KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market By CoinDesk Research Dec 22, 2025 Commissioned by KuCoin KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market. What to know : KuCoin recorded over $1.25 trillion in total trading volume in 2025 , equivalent to an average of roughly $114 billion per month , marking its strongest year on record. This performance translated into an all-time high share of centralised exchange volume , as KuCoin’s activity expanded faster than aggregate CEX volumes , which slowed during periods of lower market volatility. Spot and derivatives volumes were evenly split , each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line. Altcoins accounted for the majority of trading activity , reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover. Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity , indicating structurally higher user engagement rather than short-lived volume spikes. 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