Following a significant surge in daily trading activity, market participants are watching to see if this renewed interest can counter the token's recent weekly and monthly price declines.

Daily trading activity surges despite price weakness

BONK's daily trading volume surged by ↗96% alongside a ↗6% price increase in the last 24 hours. This short-term activity contrasts with a broader downtrend, as the token's price fell ↘8% in the last week and ↘37% in the last month, underperforming competitors like SHIB and TRUMP over those periods.

More traders are making smaller transactions

Onchain data shows a recent influx of participants, with the number of new traders growing by ↗37% and unique traders increasing by ↗30%. At the same time, the average transaction size has fallen by ↘61% to just $27.27, suggesting that recent activity is composed of more frequent, lower-value trades.

Team announces strategic updates

Recent news indicates ongoing development within the ecosystem, as the treasury firm BONK Inc.

announced a rebrand. This comes as the project's launchpad competes with

and the treasury sets ambitious

.