The Solana-based memecoin BONK staged a sharp rebound at the start of 2026, rallying approximately 20% in a single day to trade at $0.00001125. This surge reversed a prolonged downtrend from Q4 2025, during which the token had bottomed near $0.0000074 within a descending channel.
The recovery was driven by decisive spot accumulation and a significant influx of capital. Data from Coinalyze showed that on January 1st, aggregated buy volume reached 7.25 trillion BONK, surpassing sell volume of 6.3 trillion BONK, resulting in a positive buy-sell delta of roughly 950 billion tokens. This highlighted strong demand absorption, a condition that often supports further upside.
Technically, the price reclaimed key short-term levels, pushing above the 50-day moving average. The Relative Strength Index (RSI) climbed to 71, indicating strong buyer control but also placing BONK near overbought territory. The move was accompanied by a 39% increase in trading volume and a nearly 20% rise in market capitalization.
However, signs of profit-taking emerged as the rally progressed. According to CoinGlass data, the memecoin's Netflow shifted from -$1.27 million on January 3rd (indicating accumulation) to +$2.54 million at press time, signaling higher exchange deposits. Bonk exchange inflows surpassed $30 million compared to $28 million in outflows, suggesting holders and traders were increasing spending, which could threaten recent gains under selling pressure.
The BONK surge was part of a broader rally among Solana-based tokens. Ore (ORE) jumped 74.3% in 24 hours, extending its weekly gain to 118.1%, driven by a protocol upgrade that introduced SOL-funded buybacks and net-negative token emissions. Kyuzo’s Friends (KO) rose 21.9%, supported by exchange exposure and ongoing airdrops. Together, these moves highlighted capital flowing into different layers of Solana's market, from infrastructure to high-beta meme assets like BONK, which saw $366 million in daily volume.
