Bonk's Surge and Solana Hype: This Week's Crypto Highlights

Meme coin Bonk (BONK) continues its surge, with a 67% rise over the past week and a 441% rise over the last two weeks. Solana (SOL) also saw a 6% increase in the past week, trading at $74.11, thanks to a short squeeze during the Sam Bankman-Fried trial. Bonk, which runs on Solana, experienced tremendous gains, and Coinbase announced it would list the token. However, Dogecoin (DOGE) dropped by 8% over the week, while Shiba Inu (SHIB) saw a 4% plunge. Avalanche (AVAX) rose to become the 10th biggest cryptocurrency, overtaking DOGE, after JP Morgan's blockchain Onyx used the Avalanche blockchain subnet in a proof-of-concept trial. Bitcoin is down nearly 4% over the past week, trading at $42,190.