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The meme coin sector is showing renewed strength after the holidays, with fresh data pointing to a strong rebound across several major tokens.

Several high-profile altcoins are now testing crucial support zones after sharp declines over the past 24 hours. According to analyst Altcoin Sherpa, popular tokens like BONK, PENGU, and ENA are likely to revisit deeper Fibonacci retracement levels, which could offer key areas for a potential bounce.

LetBONK.fun, a memecoin launchpad on the Solana (SOL) network, has surpassed its rival Pump.fun in the overall 24-hour revenue. According to market data from defillama, letsBONK.fun generated $1.04 million in daily revenue, nearly doubling the $533,412 brought in by the long-time incumbent, Pump.fun.

The Solana-based meme coin Bonk (BONK) is soaring today, with its price jumping nearly 20% in the last 24 hours. This sharp rally is not random; it’s fueled by a potent combination of speculative ETF hype, bullish technical breakouts, and strengthening fundamentals within the Solana network.

The memecoin market has been under sustained bearish pressure for most of 2025, with leading tokens including Dogecoin (DOGE), Bonk (BONK), and Pepe (PEPE) all showing significant pullbacks from their recent highs.

DeFi Development Corp (Nasdaq: DFDV) has entered into a landmark partnership with BONK, Solana’s leading community-driven memecoin, in a move that could redefine collaboration between institutional finance and Web3 communities.