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.
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.
Never Miss a Beat in the Crypto World!
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
The EOS blockchain is currently under attack by malicious actors employing an address-poisoning scheme.
In an address poisoning attack, exploiters create and send small transactions (often with negligible amounts like 0.001 tokens) using fake wallet addresses that closely resemble legitimate ones. The goal is to trick users into mistakenly copying and pasting the fraudulent address when making future transactions.
EOS Blockchain Users Suffers Address Poisoning Attack
Blockchain security firm SlowMist revealed that attackers are sending users small transactions of 0.001 EOS to trick them into sending funds to fraudulent addresses.
“Beware of address poisoning attacks on EOS! Malicious accounts are sending 0.001 EOS to users to poison addresses,” SlowMist revealed.
According to SlowMist, the attackers create accounts that closely resemble those of legitimate trading platforms. Specifically, “oktothemoon” to impersonate OKX exchange (real account: “okbtothemoon”) and “binanecleos” to impersonate Binance exchange (real account: “binancecleos”).
These subtle alterations can easily mislead users who fail to scrutinize the transaction details closely. Blockchain-focused X (Twitter) accounts warn users about the risks associated with this attack.
“Careful all….. Bad actors out there,” Blockchain-focused X account remarked.
WuBlockchain confirmed the ongoing attack, highlighting the impersonation tactics. AVA, an AI-driven social app, acknowledged the attack. However, it expressed confidence in the crypto ecosystem’s resilience, encouraging users to remain vigilant and focus on security.
Notably, address poisoning attacks are not new to the crypto space. Recently, Binance issued a global alert over clipper malware that alters crypto wallet addresses. Similarly, a Bitcoin trader sent $70 million to the wrong address last May.
Therefore, the resurgence of this scheme on EOS highlights ongoing security challenges in blockchain ecosystems. These attacks rely on tricking users into copying and pasting fraudulent addresses from their transaction histories, leading to unauthorized fund transfers.
Given the deceptive nature of these scams, users are advised always to double-check wallet addresses. It is also imperative to avoid relying solely on past transaction records when making transfers.
Meanwhile, this incident comes barely 24 hours after another major security breach in the crypto space. BNB Chain’s meme token launchpad, four.meme suffered a critical exploit, leading to significant financial losses.
The back-to-back security incidents reflect the growing sophistication of blockchain exploits. This incident also highlights the urgent need for enhanced security measures across all networks.
Meanwhile, BeInCrypto data shows that the EOS price was trading at $0.65 as of this writing. This represents a surge of nearly 32% over the last 24 hours.
Ethereum (ETH) price continues to struggle after a 7% move on Wednesday followed by a near-4% pullback. As of March 21, ETH price trades today at $1,985, with hopes of recovery as a whale buys $242 million worth of ether.
Is Ethereum Price Bounce Likely as Whale Scoops $242M ETH?
Although the sentiment surrounding Ethereum has been bearish, the recent 7% rally in price on Wednesday indicates that the outlook is changing. Considering that one whale accumulated 150 million ETH worth roughly $270 million. This move indicates that high networth investors or institutions are bullish on the second largest cryptocurrency in the world.
Such bold ETH accumulation from long-term investors often signals strength and is followed a bullish reversal.
According to data from Santiment, the daily active addresses that peaked at 717K on January 25, slipped to 367K as of March 17, signaling lack of interest from investors. However, in the past four days this metric has spiked to 463K, noting a 26% uptick, indicating growing interest after Wednesday’s minor rally.
ETH DAA
Both the whale accumulation and comeback in Ethereum’s daily active addresses point to a renewed investor interest in ETH at current price levels. Hence, a bounce here is likely what’s next.
Other Catalysts That Support ETH Price Rally
Robert Mitchnick, head of digital assets at BlackRock, said the negativity around ETH is “overdone.” The world’s largest asset manager also noted how spot Ethereum ETFs are incomplete without staking. If institutional staking is approved, it could further catalyze capital inflow into ETH ETFs.
Elaborating more on the capital flow shows that investors are bridging their funds back to Ethereum after exploring Binance’s BNB chain and Solana based on Debridge data. To be precise, $97M from BNB has flowed into ETH. Roughly $86M, $46M and $30M capital has rotated from Solana (SOL), Arbitrum (ARB) and Base chains to ETH.
Ethereum Capital Inflow From SOL, BNB, ARB
Overall, the outlook of Ethereum price and its ecosystem are looking bullish with both fundamentals and technical outlook supporting a recovery bounce.
Trust Wallet surpassed 200 million downloads this year and ranked as the most downloaded wallet globally in March 2025. As more users look for direct control over their digital assets, the company is shifting its focus from simple storage to a broader set of tools for interacting with Web3.
In this interview, CEO Eowyn Chen discusses Trust Wallet’s product direction, the growing role of AI, and what it takes to design accessible tools without compromising on autonomy. She also reflects on her leadership approach and the long-term vision behind the company’s push toward user empowerment.
Eowyn Chen: Being a Web3 companion means showing up for users across every step of their journey—not just storing assets, but helping them safely explore, learn, and engage. The wallet is no longer just a tool; it’s the interface to the future economy. That means abstracting technical hurdles, offering helpful context when users need it, and keeping them protected along the way.
For us, it’s also about values—standing on the user’s side, upholding self-custody, and enabling freedom without compromise. Whether someone is making their first swap or interacting with an AI-powered dApp, the wallet should feel like a trusted guide, not a challenge to overcome.
BeInCrypto: Hitting 200 million downloads and topping March 2025’s global wallet charts is no small feat. What do you believe this milestone says about the direction of user behavior in Web3, and what signals are you paying the most attention to?
Eowyn Chen: This milestone shows that users are increasingly prioritizing autonomy, access, and ownership. Self-custody is no longer just for early adopters—it’s becoming a mainstream expectation.
We’re also seeing strong demand for tools that make Web3 simpler without sacrificing control. That means onboarding must improve, cross-chain interactions must feel seamless, and safety must be embedded into the experience.
At a deeper level, we’re tracking signals beyond just volume: retention, confidence, and the kinds of real-world problems users are trying to solve with Web3 tools. Our job is to listen closely and build with intention, not just scale for growth’s sake.
Eowyn Chen: It’s a fine balance, but an essential one. The ethos of self-custody means putting users in control—but that shouldn’t mean putting them through unnecessary friction. We’re working to abstract away pain points like gas fees, key management, and confusing transaction flows, while still keeping users informed and empowered. Our approach is to blend technical standards (like account abstraction) with intuitive UX and even AI-driven assistance. The goal is to make the complexity feel seamless—so users don’t need to think about what’s under the hood, only that it works, and they’re in control.
BeInCrypto: You’ve spoken about Trust Wallet evolving into something like the “Revolut of Web3.” What does that analogy look like in practice—and how do onramps, token discovery, and scam protection play into that larger ambition?
Eowyn Chen: Think of it as combining the polish and ease of a Web2 fintech app with the freedom and transparency of Web3.
In practice, this means enabling users to move smoothly across experiences: accessing crypto with fiat, discovering real on-chain opportunities, engaging with dApps, and avoiding threats like scams or fake tokens. It’s about building a unified experience where everything—from token discovery to protection to exploration—feels cohesive and trusted.
We’re not trying to replace banks or exchanges, but to offer a self-custody alternative that feels just as seamless and far more empowering.
BeInCrypto: TWT utility is growing beyond governance into a more integrated part of the user journey. What role do you see it playing in strengthening user retention, trust, and community participation in 2025 and beyond?
Eowyn Chen: We’re focused on aligning TWT utility with meaningful user value. That includes areas like supporting gas fees, boosting staking rewards, or unlocking loyalty and referral benefits.
The more TWT becomes part of the everyday user experience—without compromising security or sovereignty—the more it can help strengthen long-term engagement. It’s not about short-term incentives, but creating mechanisms that reward participation, build trust, and reinforce community ownership over time.
BeInCrypto: With AI-powered assistance becoming part of Trust Wallet’s interface, how do you balance the value of helpful automation with the responsibility of preserving user agency and privacy?
Eowyn Chen: We believe AI can enhance self-custody, not replace it. The key is giving users smarter context, not taking decisions out of their hands. Whether it’s flagging a suspicious address, summarizing a transaction, or helping someone troubleshoot an issue, AI should feel like a co-pilot—not a black box.
Privacy is non-negotiable, so we’re building AI in ways that don’t compromise control or expose sensitive data. The vision is a wallet that knows you well enough to help, but respects your boundaries. It’s about trust, transparency, and user-first design at every layer.
BeInCrypto: You’ve led Trust Wallet through volatile markets and deep technical shifts. What has shaped your leadership style most—and how do you keep your team aligned with a long-term mission when the industry often rewards short-term hype?
Eowyn Chen: Resilience, clarity, and values. This industry moves fast, but we’ve seen time and again that chasing hype doesn’t build lasting trust.
What grounds me is staying close to our users and our mission: to empower people with ownership, access, and opportunity. I try to lead with transparency—sharing both our ambitions and our challenges—and to create space for builders to experiment without losing sight of why we’re here.
The best ideas often come from people who deeply care, so part of leadership is protecting that space while still moving decisively.
BeInCrypto: Looking ahead, what would success look like for Trust Wallet not just in terms of users or revenue, but in terms of reshaping how people interact with digital value every day?
Eowyn Chen: A big part of success means users don’t even have to think about the word “Web3”—they just do what they need to do, confidently and securely. Whether it’s sending money to family, collecting rewards, securely storing their crypto assets, or interacting with a digital ID, their wallet handles it naturally.
We want to help make self-custody the default experience—not just for crypto, but for digital value in all forms.
If we’ve done our job right, users will feel more empowered, more connected, and more in control of their digital lives—not just because of Trust Wallet, but because of what it enabled them to do.
