Solana Overtakes Binance Coin: Will SOL Challenge Ethereum Next? Price Prediction
Solana price has continued its upward momentum, recently climbing to around $185 and reaching an intraday high of $187.20. This rally has allowed Solana to overtake Binance Coin (BNB) as the fourth-largest cryptocurrency by market capitalization.
With a surge of over 35% in the past two weeks, Solana’s impressive growth reflects increasing adoption and investor interest, sparking discussions about its potential to challenge Ethereum (ETH) next.
Solana (SOL) has recently surpassed Binance Coin (BNB) to become the fourth-largest cryptocurrency by market cap for the first time in over four years.
According to Santiment, Solana’s price surged by more than 35% in the past two weeks, outpacing Binance Coin’s 10% increase during the same period. This significant growth has positioned Solana ahead of Binance Coin, reflecting its increasing adoption and investor interest.
At the Bitcoin conference, VanEck reported that many attendees showed keen interest in Solana, signaling growing curiosity and demand.
Despite some opposition from major asset managers like BlackRock regarding additional Solana ETFs, Solana’s strong performance and rising market presence suggest it has the potential to continue its upward trend.
Therefore, Solana’s recent surge and surpassing Binance Coin have boosted its market presence, signaling strong investor interest and adoption. This momentum suggests potential for continued price growth and market dominance.
The crypto market has been performing well, driven by Bitcoin’s (BTC) robust bullish momentum, which has also lifted other cryptocurrencies, including Solana (SOL). BTC recently traded around $68,010 and reached an intraday high of $68,260.
This positive movement was partly fueled by Michael Saylor’s
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