Why BONK Coin Price is Up Today? 

Monicah W

The post Why BONK Coin Price is Up Today?  appeared first on Coinpedia Fintech News

Meme coins are on the rise, and Bonk (BONK) is one of the standout performers, fueled by Bitcoin’s strong performance after its recent surge. Despite sellers trying to push prices down, the market remains strong, and it looks like it could continue climbing.

Solana Meme Coins Lead the Way

Bonk (BONK), a meme coin on the Solana network, shot up this week, reaching $0.000020, its highest point since early February. The coin has more than doubled from this month’s low, rising over 127%. This surge came as traders flocked to meme coins again, especially those built on Solana.

The rise of a newer Solana meme coin, Fartcoin, played a major role in Bonk’s price jump. Fartcoin skyrocketed more than 450%, which sparked excitement about other Solana meme coins. This momentum lifted other tokens like TRUMP, Dogwifhat, Pudgy Penguins, and Popcat, all rising by over 50% in a short time. 

Although Trump’s meme coin gained on news of a dinner with top holders, it dropped 18% the next day, but remains up this week. Bonk, being one of the more established meme coins, quickly followed the trend.

Crypto Market Pushes BONK Memecoin Higher

Bonk’s rise is also tied to the overall strength of the crypto market. Bitcoin recently broke past $95,000, Ethereum neared $2,000, and Solana reached $150. When major coins like these perform well, smaller ones like Bonk often follow. Investor confidence is returning, and this is driving prices higher across the board, including for Bonk.

BONK Price Analysis 

From a technical standpoint, Bonk looks promising. It recently broke through an important level at $0.00001510, which is a sign of strength. Analyst Jonathan Carter pointed out that Bonk has broken out of a wedge pattern, typically indicating that the price could go higher. 

He believes that if Bonk stays above the 100-day moving average, the next targets could be $0.00001950, $0.0000250, and $0.0000370. The technical indicators show growing strength, suggesting Bonk could keep rising.

Bonk’s price surge is a combination of factors: the rise of Solana-based meme coins, the overall strength of the crypto market, and positive political news. With strong technical indicators, Bonk could continue to climb shortly.

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Ethereum Whales Buy 1 Mln Coins, Is This Final ETH Price Dip Before Pump?

Ethereum Whales Buy 1 Mln Coins, Is This Final ETH Price Dip Before Pump?

Ethereum whales have been aggressively buying the ETH price dips while adding a total of 1.1 million coins within just the past 48 hours. Following President Donald Trump’s signing of the executive order for the US strategic reserve, ETH has seen a 6% drop today amid the broader market correction. However, institutional players could once again charge in leading to trend reversal soon.

Ethereum Whales Are Aggressively Buying the Dips

Crypto analyst Ali Martinez has highlighted a significant development in the Ethereum market, revealing that whales have purchased 1.10 million ETH within the past 48 hours.

Source: Ali Martinez

The sudden accumulation has raised speculation within the community, with Martinez questioning whether the whales have insider knowledge of upcoming market developments. This surge in whale activity could signal confidence in Ethereum’s future prospects or an anticipation of a major event.

A day before, Donald Trump’s DeFi project World Liberty Financial purchased $10 million worth of Ethereum. Overall, they purchased a total of 4,468 Ethereum (ETH) at a price of $2,238 per ETH.

The ETH whale action has surged over the past week, along with an additional purchase of 110,000 ETH. Historical data suggests that significant accumulation by Ethereum whales often precedes periods of price stabilization or upward movement for Ethereum. “As long as Ethereum $ETH stays above $2,200, the odds of a rebound increase,” noted analyst Martinez.

Currently, the ETH price is trading 5.75% down at $2,170 levels with a market cap of $261 billion. The 24-hour liquidations have shot up above $71 million, of which $52.96 million is in long liquidations, despite the executive order for US strategic reserve involving ETH.

Will ETH Price Bounce Back Strongly From Here?

On-chain analytics firm Santiment revealed that Ethereum sentiment has dropped to its lowest levels of the year amid strong underperformance. Despite the bearish mood dominating social media discussions, Santiment suggests this could be a positive indicator for long-term holders.

Source: Santiment

Crypto analyst Titan of Crypto dismissed fears about Ethereum’s decline, emphasizing that the second-largest cryptocurrency remains technically robust.

According to the analyst, Ethereum continues to move within a broadening wedge pattern—a bullish technical setup. Additionally, ETH recently revisited the “Reload Zone” (RLZ), a key price area where professional traders often look to initiate long positions or accumulate more. Also, the below image shows that the RSI is in the support zone and likely to bounce from here.

Source: Titan of Crypto

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CoinDCX Hack: Is Lazarus Group Behind The $44M Crypto Attack?

Chrome And Firefox Users Targeted in Coordinated Crypto Credential Attacks

The post CoinDCX Hack: Is Lazarus Group Behind The $44M Crypto Attack? appeared first on Coinpedia Fintech News

India’s two largest crypto exchanges, WazirX in 2024 and now CoinDCX in 2025, have both been hit by major hacks. What is even more shocking is that both attacks happened on the same date, a year apart, and followed the same pattern. Experts say that this is no coincidence.

The cybersecurity firm Cyvers, which detected both the breaches, believes that the latest attack on CoinDCX shows clear signs of involvement by North Korea’s Lazarus Group. This group is known for targeting centralized exchanges using advanced, state-sponsored tactics.

CoinDCX Hack: Signs Point to Lazarus Group

The CoinDCX hack led to a loss of $44.2 million (₹368 crore). The entire attack took just five minutes, using a complex setup that involved multiple chains and crypto tools.

Cyvers CEO Deddy Lavid pointed out multiple signs suggesting Lazarus Group’s involvement, like targeting centralized systems, exploiting cross-chain bridges, and hiding transactions using Tornado Cash. The attackers had a deep understanding of exchange liquidity flows. 

On July 16, hackers moved funds through Tornado Cash, FixedFloat, Polygon, and finally to Solana. On July 18, they tested with 1 USDT, then quickly stole $44 million in just five minutes. Cleanup transfers followed an hour later.

But the breach only came to light after blockchain investigator ZachXBT posted about it. CoinDCX has also offered 25% of recovered funds to ethical hackers who help retrieve the stolen crypto.

Traditional Security Struggles to Keep Up with Modern Attacks

This incident reveals a deeper issue. Traditional security systems cannot keep up with the speed and complexity of today’s attacks. In 2024, centralized exchanges saw a 900% increase in losses, mostly due to access control failures and key leaks. Attacks like these bypass standard monitoring tools and move assets across chains faster than human teams can react.

These kinds of hacks are becoming more common. Just in Q2 2024, over 65% of crypto losses came from centralized exchanges like this one. Cyvers notes that the industry needs better real-time monitoring and off-chain checks to prevent more damage.

India’s Crypto Delay Is Leading to Big Hacks

These hacks serve as a clear warning and highlight the need for enhanced cybersecurity in the Indian crypto market.

Besides, India’s delay in crypto regulations is proving to be very costly. Former Finance Secretary, Subhash Chandra Garg, notes that the lack of clear rules around crypto use cases and trading is contributing to major breaches like the WazirX and now the CoinDCX hack. While the U.S moves ahead with strong crypto laws, India continues to hesitate, and this could hurt the country in the long run.

The post CoinDCX Hack: Is Lazarus Group Behind The $44M Crypto Attack? appeared first on Coinpedia Fintech News
India’s two largest crypto exchanges, WazirX in 2024 and now CoinDCX in 2025, have both been hit by major hacks. What is even more shocking is that both attacks happened on the same date, a year apart, and followed the same pattern. Experts say that this is no coincidence. The cybersecurity firm Cyvers, which detected …

Solana’s Vision of Internet Capital Markets: Insights from Lily Liu

Lily Liu, President of the Solana Foundation, is looking beyond meme coins to establish Solana as the infrastructure for what she calls “internet capital markets.”

In an exclusive interview with BeInCrypto and a presentation at the 2025 Web3 Festival in Hong Kong, Liu outlined her vision for blockchain technology’s role in democratizing financial access.

From Meme Coins to the “Everything Chain”

“Solana has evolved from being the DeFi chain to the NFT chain, the gaming chain, the payment chain, and recently the meme coin chain,” Liu explained. “When you sum all that up, Solana is the everything chain.”

While meme coins drove Solana’s price to an impressive $290 high in January before falling 60% to around $120 today, Liu views them as just one transient asset class in a much broader ecosystem. “Meme coins are just one type of asset. There will be something else—there’s always going to be the tulip market and the beanie baby market. That’s been going on for a really long time. That’s just what humans do with or without blockchain,” Liu noted.

Despite price volatility, Solana’s Total Value Locked (TVL) reached an all-time high in April 2025, demonstrating continued investor confidence in the ecosystem beyond speculative assets.

The Crisis of Capital Access for Young Generations

Liu, who previously co-founded Earn.com (acquired by Coinbase in 2018) and served as CFO of Chinaco Healthcare Corporation, brings significant experience from building businesses in both the US and China to her current role at Solana. Her background in traditional finance gives weight to her critique of current capital markets.

“Fifty years ago, it took 25 hours of labor to buy one share of the S&P 500. Today, it takes 195 hours,” Liu noted in her presentation, highlighting how capital gains have become less accessible to average workers while losses are increasingly socialized through national debt.

This inaccessibility to capital markets has created anxiety among young people globally. Liu pointed to challenges in Korea and China, where housing prices have skyrocketed beyond what young professionals can afford without parental support.

“In Korea and China, the parents’ generation has retained the upside of a major asset class like housing. Young people’s ability to convert hours of labor into capital and freedom later in life has become extremely limited,” she observed. “In China, it creates huge anxiety for families where young men are culturally expected to own an apartment before marriage, yet average professional salaries make this impossible without parental help.”

Blockchain as Global Financial Infrastructure

Liu sees blockchain’s core purpose as creating a unified global financial infrastructure, similar to how the internet unified attention. “What crypto is doing is providing this unified infrastructure to unify the wealth, the transactions, the financial coffers of five and a half billion people,” she explained.

This infrastructure enables what Liu calls “internet capital markets,” making the full range of financial assets available to anyone with an internet connection. She contrasts the simplicity of downloading a crypto wallet against the complex paperwork of traditional banking and investment systems.

Lily Liu, President of Solana Foundation. Source: 2025 Web3 Festival Hong Kong.

For Liu, this infrastructure is particularly valuable in expanding access to equities and other assets that have both fundamental value and price discovery—currently reserved primarily for accredited investors even in developed markets.

Community-Based Capitalism and the Ownership Economy

Liu argues that blockchain offers an alternative to traditional economic systems. “In the last 100 years, we’ve come to accept that the dominant ownership models are either capitalist or communist—corporate ownership or state ownership,” she explained. “What Bitcoin proposed is that those aren’t the only choices.”

This has evolved into what Liu calls “community-based capitalism,” a term she uses to describe economic models where value accrues to network participants rather than just shareholders or the state. “Instead of universal basic income, which is essentially a welfare economy, crypto proposes universal basic opportunity,” she said. This model allows early participants in network building to share in the upside.

Liu contrasts this with traditional platforms like Uber, where early drivers who helped bootstrap the network received hourly pay but no equity upside. Her “ownership economy” concept refers to this more inclusive approach to capital formation where contribution and ownership are more closely aligned.

Solana’s governance reflects this philosophy, which was recently demonstrated in a controversial proposal to reduce inflation. Liu actively participated in this discussion, explaining that inflation reduction might seem efficient from a network security perspective but would potentially harm Solana as a yield-generating asset.

“Dynamic yield on an asset makes it a worse asset,” Liu emphasized. “If you have an asset yielding a fixed percentage annually, you price that very differently than an asset yielding at variable rates.”

Looking five years ahead, Liu envisions Solana enabling an ownership economy where blockchain creates new pathways for individuals to convert labor into capital, bringing “more inclusivity for five and a half billion people on the internet into capital markets.”

“The end state is moving into assets that have value, can also command price, and bring more inclusivity around the world,” Liu concluded. “This is where crypto is going.”

The post Solana’s Vision of Internet Capital Markets: Insights from Lily Liu appeared first on BeInCrypto.