Solana's memecoin market is heating up today, with $BONK and dogwifhat (WIF) posting sharp 24-hour gains as part of a wider crypto memecoin news cycle sweeping the sector.
As of September 22, 2026, BONK traded at $0.053392, up 11.8% over the past 24 hours, while $WIF changed hands at $0.2483, climbing 21.7% in the same window, according to data from CoinGecko.
The move marks one of the stronger single-day runs for Solana-based tokens in recent weeks and sits at the center of today's memecoin news today cycle.
The renewed strength across BONK, WIF, and other dog-themed cryptocurrencies comes alongside a sharp jump in trading volume.
BONK's 24-hour volume reached $106.733 million, while WIF's volume hit $152.799 million, close to 61% of its market cap, per CoinGecko's dogwifhat page.
Volume this heavy usually points to genuine trader interest returning to Solana ecosystem tokens rather than a thin, low-liquidity spike.
Crypto analytics account BSCNews also covered this news in a post on X earlier in the day, reporting that WIF had risen 17.5% to $0.2383, with a 23% weekly gain, while BONK added 12.7% intraday and 21% for the week, with volume topping $116.9 million. 
The figures differ slightly from the later CoinGecko snapshot above, which is typical of how fast today's crypto news today cycle moves, but both sources point to the same broad Solana dog coins rally.
Metric | BONK | WIF (dogwifhat) |
Price | $0.053392 | $0.2483 |
24H Change | +11.8% | +21.7% |
Market Cap | $298.342M | $248.047M |
24H Volume | $106.733M | $152.799M |
Circulating Supply | 87.994T | 998.926M |
Source: CoinGecko, as of September 22, 2026
The rally isn't confined to Solana. Per the same BSCNews post, DOGE, PEPE, and SHIB also traded higher on the day, suggesting today's strength spans multiple chains rather than one ecosystem alone.
BONK sits near the top of its 24-hour range of $0.53013 to $0.053462
WIF touched an intraday high of $0.2512 against a low of $0.2009
Both tokens have significantly outpaced broader crypto market averages today
Indian crypto traders tracking the memecoin market today can monitor both tokens via major global exchanges
Market analysts suggest that a sudden memecoin volume spike like today's, paired with BONK's price surge and WIF's climb, often precedes short-term volatility rather than a confirmed trend reversal.
Whether this turns into a sustained altcoin surge today or fades within days may hinge on whether volume holds up over the next few sessions.
Anyone asking why BONK price is going up today or why WIF price is rising today should note that both moves are backed by real volume, not just social buzz, based on verified exchange data rather than speculation.
Analysts add that Solana token price action has historically been prone to fast reversals, so tracking live data from official sources remains the safer approach over relying on sentiment alone.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency prices are highly volatile, and past performance does not guarantee future results. Readers should conduct their own research before making any investment decisions.