PENGU Surpasses BONK to Turn out to be Solana’s Meme Coin Chief
PENGU (Pudgy Penguins) has formally overtaken BONK to say the highest spot amongst Solana-based meme cash. In late July 2025, PENGU’s market cap climbed to just about $2.88 billion, edging previous BONK’s ~$2.84 billion in a dramatic shift.
This isn’t the primary time PENGU has flipped BONK. Again in December 2024, it briefly took the lead earlier than BONK reclaimed the place. Nonetheless, the most recent surge is being fueled by robust momentum and rising market publicity, retaining the rivalry tighter than ever.
By TradingView – Prime Meme Cash by Market Cap on 2025-08-08
What’s Driving PENGU’s Momentum?
PENGU’s rise is tied to its deep reference to the Pudgy Penguins NFT model, which supplies it extra cultural traction than conventional meme cash. The model’s NFT success has spilled over into the token’s reputation, attracting a loyal neighborhood and producing robust on-line buzz.
Moreover, excessive buying and selling volumes in world markets, particularly in Asia, have accelerated PENGU’s rally. The token’s value has damaged into new highs, drawing in each retail merchants and speculative buyers desperate to trip the hype.
The PEPE Problem: Can PENGU Break Into the Prime 3?
With BONK within the rearview mirror, consideration now turns to PEPE, the third-largest meme coin by market cap. To surpass PEPE, PENGU would wish to develop its valuation considerably, however its current momentum suggests it may not be out of attain.
If the present tempo continues, some merchants consider PENGU may crack the high 3 meme cash by late 2025. Nonetheless, meme coin historical past reveals that flips like this may be short-lived, making sustained progress the larger problem.
By TradingView – PENGUPUDUSD_2025-08-08 (3M)
New Listings Boosting Accessibility
A significant factor behind PENGU’s surge is its rising presence on high buying and selling platforms. The latest enhance got here from Robinhood, which added PENGU to its choices alongside different trending meme cash.
This itemizing follows a number of alternate additions all through 2025, widening accessibility for retail buyers and rising buying and selling liquidity. Better publicity to mainstream merchants could possibly be a key driver for future value appreciation.
Outlook for 2025
PENGU’s fast climb over BONK underscores the facility of community-driven and brand-backed meme cash. If hype continues, supported by new listings and broader adoption, a run towards PEPE’s market cap is feasible earlier than year-end.
Nonetheless, meme cash are notoriously unstable, and PENGU’s subsequent huge check might be holding its positive aspects lengthy sufficient to show it’s greater than only a momentary hype cycle.
By TradingView – PENGUPUDUSD_2025-08-08 (All)
