The Pudgy Penguins’ native token, PENGU crypto, surged over 15% since yesterday, taking its 7-day gains to 55%, marking a return to bullish on-chain sentiment within the Solana ecosystem.
SOL itself has increased by 4% overnight, taking it back above $150. The Solana ecosystem is gaining momentum once again, with PENGU leading the way, and many believe $200 SOL is next.
45 days of correction and consolidation is over for $PENGU.
Send. pic.twitter.com/NGQ7NLdUkc
— Cold Blooded Shiller (@ColdBloodShill) June 28, 2025
PENGU Crypto Back Over $0.01 With Latest Rally – Huge Breakout Next?
With its overnight surge, PENGU crypto blasted back above $0.01. It is now trading for $0.013 and has broken out of a near-50-day consolidation period.
To return to its previous all-time highs, PENGU needs to run more than 250%, bringing it to $0.042, a price it hasn’t seen since early January 2025.
$Pengu following the chart.
Good breakout on the daily, currently testing a major resistance zone.
I can see it having a wild run after breaking it. pic.twitter.com/WoKkVPXhu6
— ZanDilberian (@ZanDilberian) June 29, 2025
Many traders online are comparing the recent price action to that of PEPE prior to its parabolic breakout in 2024, with the side-by-side charts highlighting a clear distinction between the two.
The 24-hour trading volume for PENGU crypto just surpassed $600 million, highlighting the spike in appetite for the Pudgy Penguins token. Binance accounted for more than $100m of the volume.
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Pudgy Penguins’ project leader, Luca Netz, recently posted a chart showing that Pengu is on track to average 1 billion views per day by the end of the year. The mindshare and presence of the Pudgy Penguins artwork across social media have helped the PENGU token regain its bullish momentum from the beginning of 2025.
Netz is a great promoter of the Pudgy Penguins brand, constantly pushing the project inside and outside the crypto world. On June 23, he was pictured on a NASDAQ podium with Matt Bartlett, the head of Web3 at asset manager VanEck.
On stage with the pair was a life-size Pudgy Penguin teddy, which gained the NFT project incredible exposure and saw the PENGU crypto token surge 50% since Netz’s appearance at the NASDAQ.
SOL USD Breaking Out Above $150, Giving Solana Ecosystem Plays Like PENGU Room To Run
Solana is outperforming its competition, with a 4% daily increase, beating out ETH, ADA, XRP, and BNB, all of which are either flat on the day or up less than 1%.
SOL has reclaimed $150 and, in doing so, printed a double bottom on the 4-hour chart. As long as it holds above $147.5, the trendline is intact, and the next short-term target is a run toward its monthly high of $167.
(Source)
DefiLlama backs up the claims that Solana’s on-chain sentiment is high. The analytics website shows that Solana has processed over $1.59 billion in 24h DEX volume, with Ethereum in second, and not coming close, with $1.1 billion.
Solana is once again a thriving ecosystem, with a thriving meme coin sector and DeFi industry. SOL NFTs are also seeing an increase in volume.
While SOL is currently trading at $150.5, a slight resistance level is around $157. If Solana can push through, a clear run toward $200 becomes a strong possibility. A daily close above $150 as we head into Monday will set SOL up for a big move next week.
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BONUS: Snorter Bot (SNORT) Hits $1.25m In ICO Funding – Is This The Next Big Solana Memecoin?
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It has raised over $1.25 million in just shy of a month since its ICO went live, with eager investors scrambling to secure a bag of this cutting-edge trading tool at early-bird prices.
https://twitter.com/SnorterToken/status/1938956092127535397
Snorter Bot has built-in MEV protection, an innovative sniper tool, and a copy-trade function. It allows users to follow their favourite wallets and influencers into the trenches.
Although SNORT will initially only be available for Solana, the bot has been developed with day-one multi-chain capabilities. It is no surprise that it will likely soon be available on Base, Ethereum, and other notable chains.
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