Pengu surpasses Bonk and becomes Solana’s Meme Coin leader
Pengu (Pudgy Penguins) has officially overtaken Bonk to gain the top spot among Solana-based Meme Coins. In late July 2025, Penn’s market capitalization rose almost to the top. $2.88 billionwith a dramatic change, it’s past ~$2.84 billion for Bonk.
This is not the first time Pengu has turned Bonk over. In December 2024, it temporarily took the lead before Bonk regained his position. However, the latest surge is driven by strong momentum and growth in market exposure, keeping rivalry thinner than ever before.
TradingView-2025-08-08 Top Meme Coin by Market Capital
What drives the pen momentum?
The rise of the pen is linked to a deep connection with Pudgy Penguins NFT Brandgives more cultural traction than traditional meme coins. The brand’s NFT success has rippled into the popularity of tokens, attracting loyal communities and creating a strong online buzz.
Furthermore, Pengu gatherings are accelerating due to the high volume of trading in global markets, particularly in Asia. The token price has split into new highs, attracting both retailers and speculative investors keen to ride the hype.
Pepe Challenge: Can Pengu invade the top 3?
When bonk is in the rearview mirror, attention is now being paid to me Pepethe third largest meme coin by market capitalization. To outperform Pepe, Penn needs to significantly expand its rating, suggesting that recent momentum may not be out of reach.
If the current pace continues, some traders believe Penga can crack Top 3 Meme Coins But by the second half of 2025, the history of memecoin shows that such flips could be short-lived and sustainable growth will be a major challenge.
by tradingview-pengupudusd_2025-08-08 (3m)
Increases new wrist accessibility
The main factor behind the pen’s surge is its increased presence on top trading platforms. The latest boost comes from Robin Hoodalong with other trending meme coins, we added Pengu to its offering.
This list will continue to add multiple exchanges throughout 2025, expanding accessibility for retail investors and increasing trading liquidity. Larger exposure to mainstream traders could be a key driver for future price increases.
Outlook for 2025
Peng climbs rapidly beyond Bonk It highlights the power of memecoin, supported by community-driven brands. If the hype continues supported by new lists and wider adoption, Pepe’s market capitalization It is possible by the end of the year.
However, meme coins are notoriously unstable, and Pengu’s next big test holds long enough profits to prove that it’s more than just a temporary hype cycle.
by tradingview-pengupudusd_2025-08-08 (All)
