Bonk Ecosystem Development Protocol's Graphite Token TVL Surpasses $1.2 Billion, Reaching an All-Time High
BlockBeats News, July 8th, according to GMGN data, the market cap of the Bonk ecosystem development protocol Graphite Protocol's token GP has surpassed $1.2 billion, reaching a historic high, currently at $1.11 billion, with a 24-hour price increase of 22.2% and a 24-hour trading volume of $13.4 million.
According to an earlier official announcement by Graphite Protocol, the team has already conducted a buyback of 2.81% of the GP tokens in the past 2 months and will continue to do so. The official website shows that Graphite Protocol has developed multiple products based on the Bonk ecosystem, including the copy trading robot Parallel.
BlockBeats reminds users that the prices of related tokens are highly volatile, and users should invest with caution.
You may also like

Ripple Joins Elite Crypto and Banking Players at High-Stakes White House Summit
Key Takeaways Ripple secured a critical position at a White House summit focusing on stablecoin regulation. The meeting…

Crypto Apocalypse Coming: Renowned Expert Foresees Catastrophic End for Cryptocurrency
Key Takeaways Nouriel Roubini, known as “Dr. Doom,” anticipates a “catastrophic end” for the cryptocurrency sector. Even with…

Moonbirds NFTs Are Soaring Again: Unveiling the Recent Price Surge
Key Takeaways Moonbirds NFTs, once a joke in the NFT world, are making a staggering comeback thanks to…

Trump Says Crypto Reserve Will Include XRP, Solana, Cardano—And ‘Obviously’ Bitcoin and Ethereum
Key Takeaways President Trump announced a strategic U.S. crypto reserve to include digital assets such as XRP, Solana,…

‘Big Short’ Investor Burry: Bitcoin Has Not Succeeded as a Safe Haven
Key Takeaways Michael Burry warns that Bitcoin has not proven to be the secure asset many expected it…

SEC Chair Paul Atkins to Make History as First Sitting Chair to Speak at the Bitcoin Conference in Las Vegas
Key Takeaways Paul Atkins, SEC Chairman, is set to become the first sitting SEC Chair to speak at…

Vitalik’s Vision: Redefining Ethereum’s Layer 2 Landscape
Key Takeaways Ethereum creator Vitalik Buterin calls for a new role for Ethereum’s Layer 2 solutions (L2s) as…

Jeffrey Epstein’s Investment in Blockstream and the Unfolding Controversy
Key Takeaways Jeffrey Epstein was involved as an investor in the early seed round of the Bitcoin technology…

Cardano (ADA) Price Analysis for February 3: Can It Stabilize Above $0.30?
Key Takeaways: The current trading value of Cardano (ADA) is $0.2999, reflecting a 1% drop over the past…

SHIB Price Analysis for February 3: A Week to Watch for Shiba Inu Investors
Key Takeaways The SHIB price is currently rising after finding local support at $0.00000677. A potential upward move…

Crypto Market Review: Shiba Inu’s (SHIB) 1,000,000,000,000 Bull Market Trigger, Bitcoin (BTC) Crash Might Stop Here, Is Dogecoin (DOGE) in Mini-Bull Market?
Key Takeaways Shiba Inu (SHIB) shows signs of a potential recovery with a significant green candle, hinting at…

The Top Airdrop Opportunities of January 2026
Key Takeaways: Discover the top five airdrop opportunities available in January 2026, each representing promising tokenless protocols. Uniswap…

BitMine’s $6 Billion Ethereum Losses: Strategic Planning or Market Gaffe?
Key Takeaways BitMine Immersion Technologies, holding the largest Ethereum treasury, reports over $6 billion in unrealized losses. The…

Strategy Stock ($MSTR) Reaches 52-Week Low As Bitcoin Slips Below $84,000
Key Takeaways Strategy ($MSTR) shares hit a session low of $140.25, dropping significantly amid Bitcoin’s price decline. Bitcoin…

Jeffrey Epstein’s Unusual Bitcoin Connections
Key Takeaways: Jeffrey Epstein’s substantial involvement in the cryptocurrency industry, particularly Bitcoin, was revealed through document releases. Epstein…

Cardano Price Prediction as the Planned CME’s ADA Futures Launch Nears
Key Takeaways Cardano’s current price stability reflects structural balance in the market, maintaining a firm foothold below $0.30.…

Ondo Price Prediction Amid MetaMask’s Integration of Over 200 Tokenized U.S. Stocks
Key Takeaways Ondo (ONDO) token exhibits positive movement, rebounding from a bearish trend and maintaining levels above $0.27.…

Why Bitcoin’s Defense of $76,000 Matters for MicroStrategy’s Earnings Narrative
Key Takeaways MicroStrategy’s Q4 2025 earnings are heavily influenced by Bitcoin’s price performance, especially maintaining the $76,000 level.…
Ripple Joins Elite Crypto and Banking Players at High-Stakes White House Summit
Key Takeaways Ripple secured a critical position at a White House summit focusing on stablecoin regulation. The meeting…
Crypto Apocalypse Coming: Renowned Expert Foresees Catastrophic End for Cryptocurrency
Key Takeaways Nouriel Roubini, known as “Dr. Doom,” anticipates a “catastrophic end” for the cryptocurrency sector. Even with…
Moonbirds NFTs Are Soaring Again: Unveiling the Recent Price Surge
Key Takeaways Moonbirds NFTs, once a joke in the NFT world, are making a staggering comeback thanks to…
Trump Says Crypto Reserve Will Include XRP, Solana, Cardano—And ‘Obviously’ Bitcoin and Ethereum
Key Takeaways President Trump announced a strategic U.S. crypto reserve to include digital assets such as XRP, Solana,…
‘Big Short’ Investor Burry: Bitcoin Has Not Succeeded as a Safe Haven
Key Takeaways Michael Burry warns that Bitcoin has not proven to be the secure asset many expected it…
SEC Chair Paul Atkins to Make History as First Sitting Chair to Speak at the Bitcoin Conference in Las Vegas
Key Takeaways Paul Atkins, SEC Chairman, is set to become the first sitting SEC Chair to speak at…