Fintech company Revolut and commission-free investment app Robinhood are rumored to be in potential partnership talks, with unconfirmed reports causing a notable surge for Solana (SOL) based memecoin Bonk (BONK). It is claimed that both Revolut and Robinhood could list BONK, making it available to their combined 38 million registered customers worldwide. In the last 7 days, BONK has seen an increase of up to 35% in its price, continuing to find support from the listing rumors and reaching its highest level in recent weeks with additional overnight gains.
BONK Listing May Be Boosted by “Learn and Earn” Campaign
According to claims, in addition to the listing, a proposed “Learn and Earn” campaign could significantly increase BONK’s user base. With approximately 1.2 million dollars allocated for the campaign, the decentralized autonomous organization behind the memecoin, BONKDAO, could potentially attract up to 500,000 new users to the BONK ecosystem upon approval.
To achieve this goal, only 1.3% of Revolut’s extensive user base would need to engage with the campaign for it to bear fruit. However, Revolut has yet to make an official statement confirming the listing and partnership rumors.
Since its initial launch in 2023, BONK has emerged as one of the most talked-about memecoins, particularly due to its relationship with centralized exchanges. In the same year, BONK saw an astonishing increase of up to 4,424% in value before undergoing a correction. Its use as an incentive for Solana Saga users significantly increased its adoption and usage towards the end of 2023.
Although BONK reached its all-time high of $0.00003416 on December 15th, it is currently trading at $0.00001379, up 5.29% in the last 24 hours. BONK’s availability on exchanges like Binance, Coinbase, and Bybit indicates significant support from major exchanges. A potential listing on Robinhood could provide additional support to its market presence.
BONK Listing Could Boost Solana’s (SOL) Adoption
On the other hand, the listing of BONK on exchanges like Robinhood and Revolut, which are not directly focused on cryptocurrencies, could have a transformative effect on the broader Solana ecosystem. This would not only increase BONK’s visibility and accessibility but also contribute to the wider adoption of SOL.
SOL, which earned the title of the best-performing altcoin in 2023, could reach its previous high price levels with support from positive market sentiment and potential developments such as strong BONK listings.
