In anticipation, Polygon co-founder Sandeep Nailwal is rumoured to be selling Solana's first dog meme coin, BONK.
CoinGabbar and Crypto Twitter still trend Solana and BONK. Solana is trading sideways after a 35% week. SOL is $13.14.
In recent days, Solana's meme token BONK saw enormous buzz, which even compelled cryptocurrency exchanges to offer BONK right away. According to Bonk Inu's Twitter account, Polygon co-founder Sandeep Nailwal even exchanged BONK coins in an indirect manner and appreciated the Solana blockchain's user interface. In the most recent day, the price of BONK increased 42%.
In a tweet on January 7, Bonk Inu stated that the Solana blockchain's user experience was so amazing that even Polygon co-founder Sandeep Nailwal had used BONK coins.
It appears that Solana's user experience is so excellent that Polygon's cofounder can't resist playing with $BONK?
It quoted a tweet that claimed a wallet trading BONK coins was backed by a co-founder of Polygon. He is therefore also acquainted with Solana DeFi.
The alternate account received more than 300 million BONK tokens, according to blockchain statistics. Tokens for BONK are being traded on the account.
The co-founder of Polygon already concurred that the Solana chain is unstable. Even more, Polygon paid DeLabs $3 million to migrate the chains for its Solana-based NFT projects, DeGods and Y00ts. The projects accounted for over 70% of Solana's sales volume and were the top 2 NFT collections. The SOL price fell below $10 as a result.
But the BONK buzz prevented Solana from failing and increased the SOL price to more than $14.50. In a week, the price of BONK increased by more than 4000%. Solana's utility may be further increased as a result of the numerous projects and Dapps that are now being added to the Solana blockchain.
On CoinGabbar and Crypto Twitter, Solana and BONK are still trending. After a 35% gain this week, the Solana price is currently moving sideways. Value of the SOL is $13.14.
After a 4000% surge this week, the BONK price also saw profit-taking. The price of BONK is currently $0.000002191, up more than 40% in the previous day.
