Solana overtakes BNB

[rdluffy]

SOL has overtaken BNB
Binance's coin had been ahead in marketcap for some time, but in the last two days SOL has managed to overtake it and is now the 4th coin in marketcap


Source


Do you think it will stay that way from now on or will BNB manage to retake 4th place?

In my opinion, SOL is much more attractive at the moment and prepared for the new cycle, with lots of opportunities for airdrops, NFTs, memecoins etc. while BNB seems to be stagnating without much happening right now

[Mia Chloe]

Solana has quite a nice behaviour for a very long time. I remember very early this year when Solana first started showing signs of potential pump and many investors were singing HODL on to you SOL on twitter. Like I always say, solana's progress can be traced considerably back to the majority of of successful meme coins that have been launched on it's network. BNB has had a somewhat similar hype back a couple of months but I think solana is still the "boss" in terms of meme coins.

Well based on the fact that the whole crypto market is still experiencing the pump, I'll say it's better to sit back and wait a little. However I think it's very possible for SOL to hold up that position.

[Aanuoluwatofunmi]

Have you considered how the developers of Solana have been working rigorously to make sure that it's coin and network becomes the talk of the town a d maintain that steadfastness
, if BNB is not careful, Solana is going to take away the market capitalization from it and remain the most relevant after bitcoin and ethereum, this GS are fast changing now, the ones that are not performing well will be taken over by the ones doing well.

[rdluffy]

SOL is right now 204 USD
BNB 597 USD

The ATH of Solana is 260 USD and BNB 720

Both can reach ATH in my opinion, but SOL looks easier to achieve

[Madmax789]

Yes, Solana (SOL) recently surpassed Binance Coin (BNB) in market capitalization, making it one of the top cryptocurrencies by market cap. This shift highlights Solana's growing influence in the blockchain space, largely driven by its high-speed, low-cost transactions and increasing adoption across decentralized finance (DeFi), non-fungible tokens (NFTs), and other Web3 applications.

The surge could be due to increased developer activity, partnerships, and new applications on Solana, along with positive market sentiment around its scalability. Meanwhile, BNB has faced regulatory pressures, which might have impacted its valuation. This movement in rankings shows how competitive the top blockchains are and how quickly the market can shift based on ecosystem growth, regulatory factors, and investor confidence.

[Azharul]

We know that solana is one of the best valuable crypto in cryptocurrency world. I also think that gradually solana will still reach in best market cap then BNB. Because if we follow in cryptocurrency market and also following in market cap, we can see that solana market cap would raise. So i believe that it will be positive signal for solana. We know that BNB is one of the best stable currency in cryptocurrency world. But i think that within a short time solana market cap will stable.

[debra]

Yes, it's true, Solana also once overtook BNB's position in the Coin Market Cap. It's just that BNB was able to take over its 4th position again for a few months. However, since Bitcoin skyrocketed, the price of SOL has also skyrocketed very rapidly, the market cap has grown very rapidly. Investors increasingly understand how the Solana project is developing, which has very good principles. There are many features and programs that are useful in real use cases. Ah, this is, the Solana network can become one of the mainstay coins for holding at least until the bullish era later. at the peak of the altcoin season.

[PX-Z]

Knowing the circulating supply of Solana compared to BNB is far too stretched then the bull run happens, possibility came in. But that doesn't mean SOL is better than BNB or the other way around, BNB has much ahead of its price compare to SOL though.

[MrSpasybo]

SOL has overtaken BNB
Binance's coin had been ahead in marketcap for some time, but in the last two days SOL has managed to overtake it and is now the 4th coin in marketcap

Do you think it will stay that way from now on or will BNB manage to retake 4th place?

In my opinion, SOL is much more attractive at the moment and prepared for the new cycle, with lots of opportunities for airdrops, NFTs, memecoins etc. while BNB seems to be stagnating without much happening right now

Congratulations on the success of SOL. Currently, SOL market cap is still about $11B higher than BNB market cap, and SOL is maintaining its #4 position. This is something we had expected in 2021 but had given up on in 2022 when FTX collapsed and Solana lost important support, both in terms of capital and media.

However, with its strength and potential, Solana has risen from the ashes thanks to the new capital from investment funds. The wise decisions regarding Sagaphone, BONK, and memecoins have pushed SOL price up and created excitement in the ecosystem. The bullrun is still ahead, and I wish both Solana and Bnb will succeed together to become the most important pillars of the crypto/blockchain market in the future.

[vegasus]

Yes, it's true, Solana really overtook BNB quite quickly, I thought it was just temporary like it used to be. But the longer it goes on, the farther the market cap distance is, Solana seems like it will be above BNB for longer. This is one of the big challenges for BNB to take over the 4th position again.

It turns out that not only the market cap, it turns out that the volume and also the circulating supply of SOL are much higher than BNB, several times. SOL holders are more active in trading this coin so far.

[rdluffy]

Yes, it's true, Solana really overtook BNB quite quickly, I thought it was just temporary like it used to be. But the longer it goes on, the farther the market cap distance is, Solana seems like it will be above BNB for longer. This is one of the big challenges for BNB to take over the 4th position again.

It turns out that not only the market cap, it turns out that the volume and also the circulating supply of SOL are much higher than BNB, several times. SOL holders are more active in trading this coin so far.

Looking at the charts right now and I think SOL will stay in 4th place in this entire cycle




At least in my view, BNB has a great token burning system, use in the Binance launchpool, the discounts it earns on Binance and good use in the Pancake Swap, but SOL is more expanded across the entire DeFi ecosystem, SOL can reach a lot of more users than BNB
I used to like the BTC token in BSC (BTCB), but even now SOL has some BTC tokens too, so the advantage is totally for SOL

[joniboini]

At least in my view, BNB has a great token burning system, use in the Binance launchpool, the discounts it earns on Binance and good use in the Pancake Swap, but SOL is more expanded across the entire DeFi ecosystem, SOL can reach a lot of more users than BNB

To be honest I never think marketcap alone is a meaningful metric to decide whether one token is 'better' than the others, especially when we're talking about the top 10 coins. I think there's a new metric called diluted marketcap now, where aggregators calculate it by counting all tokens as circulating tokens or something along those lines. I think that metric is a bit better as a metric to judge how much growth a token can have.

But yeah, as long as the blockchain is stable I don't think Solana will have any issues maintaining their position on a website like Coingecko. Times move quickly in crypto though.

[vegasus]

Yes, it's true, Solana really overtook BNB quite quickly, I thought it was just temporary like it used to be. But the longer it goes on, the farther the market cap distance is, Solana seems like it will be above BNB for longer. This is one of the big challenges for BNB to take over the 4th position again.

Looking at the charts right now and I think SOL will stay in 4th place in this entire cycle




At least in my view, BNB has a great token burning system, use in the Binance launchpool, the discounts it earns on Binance and good use in the Pancake Swap, but SOL is more expanded across the entire DeFi ecosystem, SOL can reach a lot of more users than BNB
I used to like the BTC token in BSC (BTCB), but even now SOL has some BTC tokens too, so the advantage is totally for SOL

It seems so, because the gap is getting bigger day by day, and this is a tough challenge for Binance.
But according to what you said, Binance also has several features and uses that can make BNB rise even more. And this can make the competition between BNB and SOL even tighter. Well, maybe in this bullish era, SOL will strengthen in 4th position, but we also need to see how the position of the coins is when it is bearish later, who is stronger, that coin will survive more. Ah, I'm a BNB lover, but el = seeing the development of SOL is indeed recognized as extraordinary.

[salad daging]

SOL is right now 204 USD
BNB 597 USD

The ATH of Solana is 260 USD and BNB 720

Both can reach ATH in my opinion, but SOL looks easier to achieve

Prices have now increased much more significantly.
Solana $233
BNB $625
This is at the time of writing now.

Capitalistically Solana is much more attractive than BNB, I factor all this in because of the memecoin hype that continues to happen in its ecosystem now, unlike BNB.

But trust both of them will ATH.

[taufik123]

-snip-
But yeah, as long as the blockchain is stable I don't think Solana will have any issues maintaining their position on a website like Coingecko. Times move quickly in crypto though.

And now Solana remains stable despite the hype due to memecoins that keep popping up and making new history when the Solana memecoin experienced an incredible rise.

They will probably maintain their position so as not to be displaced with other ecosystems such as SUI, Ape, BNB as an ecosystem that generates thousands of memecoins daily as well as fairly low fees and a stable network.