BONK just announced a big move. The Solana dog coin is teaming up with Sharps Technology (NASDAQ: STSS) to boost its staking ecosystem.
STSS, a Nasdaq-listed digital asset treasury, will allocate part of its 2M+ SOL tokens (over $450M) into BonkSOL, BONK’s liquid staking token. BonkSOL is delegated to the three validators inside BONK’s ecosystem.
Here’s the official announcement on X: BONK x STSS
Why this matters
- Institutional money is now backing a dog coin: That adds credibility beyond meme hype.
- More staking liquidity for BONK: It strengthens BonkSOL’s role in the Solana ecosystem.
- Ecosystem growth: Validators and on-chain activity get a real boost.
BONK has been pushing hard this year with staking, rewards, and ecosystem integrations. This new partnership signals BONK’s shift from a meme coin into a project with serious institutional exposure.
Sharps Technology, on the other hand, is a Nasdaq-traded company building a Solana-based digital asset treasury. Partnering with BONK shows its confidence in the coin’s long-term role inside Solana.
This move could be the start of BONK’s next big growth phase.
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