Will the upcoming 1 trillion token burn push BONK higher?

BONK has rallied by over 160% thanks to massive growth in BonkFun and SOL staking demand. Will the upcoming 1 trillion token burns fuel the momentum? 

BONK has seen a strong start to Q3 lately amid massive market interest in its ecosystem. In fact, it has rallied by 160% in the first half of July, reversing nearly all of 2025’s losses. 

And yet, underneath the rally, the catalysts driving the memecoin go beyond just hype or FOMO. 

BONK’s team plans to burn 1 trillion tokens if overall holders hit 1 million. According to Solcan, there were 958,362 users at the time of writing. 

While the removal won’t do much since there are 88.7 trillion BONK tokens in circulation, the deflationary plan could improve the token’s value in the long run. 

Since unveiling its memecoin launchpad platform, BonkFun, in April, has seen massive traction. In fact, the team now holds 135.6K SOL in cumulative revenues, with half of it (68K SOL or $11 million) meant for token burns.