As per the recent updates, the Solana Coin has left behind the Binance Coin in terms of market cap, reflecting its growing popularity and steady upward momentum in the finance system.
Below are the full details of the news.
Solana Coin Surpasses Binance Coin in Market Cap
- Price Surge: Solana’s price climbs to around $185, achieving an intraday high of $187.20.
- Market Position: Overtakes Binance Coin (BNB) to become the fourth-largest cryptocurrency by market capitalization.
- Growth Momentum: Records a surge of over 35% in the past two weeks, overtaking Binance Coin’s 10% increase.
- Investor Interest: Increasing adoption and rising investor interest indicate strong market potential.
Is Binance A Threat To Ethereum?
People are discussing whether Solana could challenge Ethereum coin, especially after its recent surge that made it the fourth-largest cryptocurrency, surpassing Binance Coin. This shows Solana is gaining more influence and aiming to dominate the market. At the same time, Bitcoin’s strong performance boosts confidence across the entire cryptocurrency market. Positive feelings and growing interest from investors have played a big role in Solana’s rise, showing optimism in the broader trend of cryptocurrencies going up.
SOL Price Prediction
At the time of writing, Solana was trading at $189.71 with a market cap of $87,904,157,573, reflecting a 2.1% increase.
Keeping in mind the current price, Solana is expected to trade at 569.13 US$ in 2025 and reach about 1138.26 US$ by 2030. As per the SOL Price Prediction, the Solana is continuing its strong upward trend after forming an engulfing candle that is bullish over the $185 mark. Given that the 50-day Exponential Moving Average (EMA) and the Relative Strength Index (RSI) are both in a purchasing zone, there is still a good likelihood that the bullish trend will continue.
For more quick updates, stay tuned at ReadingCrypto!
Disclaimer: This post is intended solely for informational purposes and should not be taken as legal, tax, investment, financial, or any other form of advice. Although all the information provided is true to the best of our knowledge, it is advisable to research well before making any kind of investments or decisions in general. The team of ReadingCrypto bears no responsibility in the event of any adverse outcomes.
