Sharps Technology Announces Staking Plan in BONK, Analysts Forecast Parabolic Rise!

Jakarta, Pintu News – Sharps Technology recently announced plans to allocate a portion of its cash into BONK, a move that has sparked optimistic predictions from market analysts.

By investing 2 million Solana into BonkSOL, the liquid staking token (LST) of Bonk , the company hopes to earn profitable staking returns while supporting liquidity in the meme and Solana coin ecosystems.

Sharps Technology Allocates SOL to BONK

In a recent press release, Sharps Technology revealed that it will invest a portion of its newly acquired Solana (SOL) stake into BonkSOL. The initiative is funded through a private investment deal led by Cantor Fitzgerald & Co.

Read also: BONK, SUI, and Litecoin prices surge after Tuttle Capital proposes ‘Blast Income’ ETF!

Furthermore, the move aims to generate revenue from staking while supporting liquidity within the meme coin ecosystem and Solana. James Zhang, strategic advisor of Sharps Technology, stated that this collaboration reflects the company’s commitment to supporting key players in the Solana network.

The meme coin core team also stated that Sharps Technology has built one of the most active Solana cash in the market. This cooperation is similar to that of Lion Group Holding, who recently transferred their Solana holdings to Hyperliquid .

Market Analysis Becomes Optimistic About BONK

Market analysts are now predicting a parabolic rise for the token, especially after the last price drop.

A well-known analyst on platform X described the last price drop as “the last drop before the parabolic rise.” The analyst suggested that the risk-return configuration strongly favors a price increase.

Adding to the bullish story, Tuttle Capital filed several income-based ETFs related to BONK, Sui , and Litecoin .

The announcement of the filing triggered a rapid rise in all three assets, with the meme coin registering a gain of over 3% in 24 hours.

Additionally, crypto expert Kadense highlighted that the token is retesting key liquidity zones. He predicts further strengthening as macroeconomic conditions, such as potential interest rate cuts, align with the crypto’s cyclical trend.

Read also: Alchemy Pay Teams Up with xStocks to Bridge Fiat Platforms and Real-World Assets

BONK’s Future Prospects

The token has been gradually working its way back to its previous peak highs. Traders argue that institutional support, along with the expansion of the product suite, could provide the boost needed to push the token decisively higher.

With growing support from major financial institutions and investors, the future prospects of BONK seem very bright. BONK’s spectacular price rise is not only attractive to investors looking for short-term gains but also signals the potential for long-term growth in the crypto ecosystem.

As adoption and integration grows further, BONK could become a key player in the digital finance landscape.

Overall, Sharps Technology’s investment in BONK marks a pivotal point in the evolution of the crypto market, showing how digital assets continue to gain legitimacy and support from major financial players.

With market analysis depicting a very bullish outlook, the future of BONK seems to be very bright.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Sharps Technology Announce Plans to Stake Treasury in BONK, Analyst Projects Parabolic Rally. Accessed on September 18, 2025