BNB on Decline or Just Waiting Its Time?

[TomPluz]

Months ago, BNB was positioned at number four after BTC, ETH and USDT. Right now, SOL made its way to replace BNB with marketcap of $121B compared to BNB's $92B.

I think BNB has to grow more if it wants to get back its former position in CMC but if SOL will also be growing correspondingly this positioning can already be normal as we head to 2025 when bigger bull run can happen especially for big alts.

Does it mean that there are now fewer activities happening in BNB compared to SOL...and do you think we can conclude for now that BNB is on a decline?

[ABCbits]

Rather than on decline, i would say BNB move slowly while SOL move quickly. After all, many new token created on SOL thanks to low network fee and high TPS. Meanwhile, i feel BNB still mostly used for people who frequently use Binance exchange who want lower fee. These chart show daily TX on BNB stagnant, while daily TX on SOL growing rapidly (within this year range),
https://bscscan.com/chart/tx
https://www.theblock.co/data/on-chain-metrics/solana/non-vote-transactions-on-the-solana-network-daily-7dma

[Findingnemo]

Rather than on decline, i would say BNB move slowly while SOL move quickly. After all, many new token created on SOL thanks to low network fee and high TPS.

Exactly, lots of projects which had hype run over the SOL which is the reason why the price moved up rapidly meanwhile BNB is keep on growing too and almost at it's ATH at the moment, the surpass happened just only due to the SOL growth. Now things are settling well for Binance so we can expect some breakthrough from BNB sooner or later.

[bayu7adi]

Since 2023, the development of Solana has been crazier than BNB, that's what causes many people to predict this event, that SOLANA will pass BNB... from the total active wallets in 2023, Solana recorded a growth of 1,467% while BNB only grew 37%... this very large difference makes it all the more clear, that currently SOLANA's popularity is indeed at its peak... BNB also seems obsolete because it loses in terms of this growth.

I think, SOLANA has a growth performance from many sectors that are faster, so it can pass BNB in ​​terms of marketcap.

[erus]

Months ago, BNB was positioned at number four after BTC, ETH and USDT. Right now, SOL made its way to replace BNB with marketcap of $121B compared to BNB's $92B.

Crypto is a business and the business is in the digital sector. If the business is done properly, solidly and attractively, it will certainly produce positive value. This context feels very clear that Solana is more solid and attractive at this time than BNB because it is proven from its marketcap that there is also a very big difference.

I think BNB has to grow more if it wants to get back its former position in CMC but if SOL will also be growing correspondingly this positioning can already be normal as we head to 2025 when bigger bull run can happen especially for big alts.

As far as I know, BNB will rise rapidly when there is a Launchpad or Launchpool on Binance Exchange because every BNB user will definitely buy and HodL BNB to get free tokens from Launchpad and Launchpool results. Well, until now Binance Exchange has not issued any more events from Launchpad and Launchpool, right?

Does it mean that there are now fewer activities happening in BNB compared to SOL...and do you think we can conclude for now that BNB is on a decline?

It is clear that Solana is currently more solid and attractive than BNB. I noticed that Solana is very active on its DEX and many people use Solana for trading, such as on Raydium and Orca.

[joniboini]

As far as I know, BNB will rise rapidly when there is a Launchpad or Launchpool on Binance Exchange because every BNB user will definitely buy and HodL BNB to get free tokens from Launchpad and Launchpool results. Well, until now Binance Exchange has not issued any more events from Launchpad and Launchpool, right?

I'm pretty sure you can check their launchpad schedule at this website[1]. The last one happened not too long ago, but yeah it's rare compared to the past. Understandable if you consider that launchpad is no longer as hyped as before. Pretty sure it will come back in the next cycle. They can also change the usage to airdrop farming or something similar. I don't think BNB holders need to panic even if their growth is not as huge as before. After all, getting 1000% growth every year is impossible.

[1] https://launchpad.binance.com/

[erus]

As far as I know, BNB will rise rapidly when there is a Launchpad or Launchpool on Binance Exchange because every BNB user will definitely buy and HodL BNB to get free tokens from Launchpad and Launchpool results. Well, until now Binance Exchange has not issued any more events from Launchpad and Launchpool, right?

I'm pretty sure you can check their launchpad schedule at this website[1].
[1] https://launchpad.binance.com/

Yes, that's right, I also checked it on my smartphone application and in fact there are no more launchpad events from Binance. Maybe in my opinion, Binance is waiting for the right moment to be able to relaunch its Launchpad in a structured, safe and detailed manner to provide benefits to Binance users.

~snip~
They can also change the usage to airdrop farming or something similar. I don't think BNB holders need to panic even if their growth is not as huge as before.

Certainly for airdrop farming because it is very simple and easy, we only HodL BNB in ​​the Spot wallet, then follow the Launchpad and our BNB is locked. After the Launchpad is complete, our BNB is returned and we get token A, B or C which on that day can also be sold to get profit.

After all, getting 1000% growth every year is impossible.

That's right, BNB is now expensive, its market cap is also large, the possibility of it going up is also difficult, if it goes up 50% in 1 month it's also very good. Except maybe BNB when it was around 2 dollars and to reach 1,000% it only went up to 20 dollars.

[vegasus]

Indeed, the price of BNB had dropped earlier, especially when Bitcoin also dropped in price today, and that also affected this BNB coin. However, currently there has been another good change in BNB, at least the percentage of the decline has started to decrease and is now trying to rise. BNB has been rising up, although it may not as high as we expect, but it's surely increasing the price. At least, in 1 month, the increase has been around 6.84% .

However, when compared to its competitor, Solana, it is quite behind, Solana has continued to move forward and has a fairly good potential even during yesterday's correction. It's just that for now, the price of SOL is still rising quite well, this makes the competition between the two even higher.

[yohananaomi]

Indeed, the price of BNB had dropped earlier, especially when Bitcoin also dropped in price today, and that also affected this BNB coin. However, currently there has been another good change in BNB, at least the percentage of the decline has started to decrease and is now trying to rise. BNB has been rising up, although it may not as high as we expect, but it's surely increasing the price. At least, in 1 month, the increase has been around 6.84% .

However, when compared to its competitor, Solana, it is quite behind, Solana has continued to move forward and has a fairly good potential even during yesterday's correction. It's just that for now, the price of SOL is still rising quite well, this makes the competition between the two even higher.

everything will definitely go down when bitcoin is also corrected and that is a natural thing but not too high, a correction is still within reasonable limits, but overall, if %, but still improving, and BNB will continue to be able to maintain that.
Indeed, BNB is currently lagging behind Solana and this is likely the longest time Solana can do it by crossing BNB, usually not long after BNB is able to move to replace the position again.
But we must appreciate that Solana is currently very good and many are eyeing it to be used as further investment, so the competition will continue like this and there is a positive side that they will give each other the best.

[joniboini]

However, when compared to its competitor, Solana, it is quite behind, Solana has continued to move forward and has a fairly good potential even during yesterday's correction. It's just that for now, the price of SOL is still rising quite well, this makes the competition between the two even higher.

I never thought that Solana was a direct competitor to BNB. I think Matic or other layer 2 projects are their competitor. At the very least, I don't see BNB as a project that offers a new chain, faster than ETH to solve their scalability issue. I see them more as a blockchain that an exchange uses to capitalize on trends such as printing the so-called Bitcoin-backed tokens like WBTC. But if you view them strictly as an altcoin for making money, I guess that makes sense. CMIIW.

[KryptoBull]

everything will definitely go down when bitcoin is also corrected and that is a natural thing but not too high, a correction is still within reasonable limits, but overall, if %, but still improving, and BNB will continue to be able to maintain that.
Indeed, BNB is currently lagging behind Solana and this is likely the longest time Solana can do it by crossing BNB, usually not long after BNB is able to move to replace the position again.
But we must appreciate that Solana is currently very good and many are eyeing it to be used as further investment, so the competition will continue like this and there is a positive side that they will give each other the best.

Sol is just riding the wave of memecoins, while Bnb has more significant drivers like DeFi, RWA, GameFi, and most importantly, the incredibly rich Binance ecosystem. That's why I believe BNB will soon reclaim its position on Coinmarketcap after surpassing XRP and SOL.

I'm more worried about the competition from XRP, because Ripple is also a powerful force and skilled at marketing to pump the XRP price. The competition between BNB and XRP will be extremely fierce, while SOL may struggle to rise sharply when the memecoins trend is no longer as hot as it was a few days ago.

[hugeblack]

Not much development has happened on the BNB network, while it was originally created to be a competitor to Ethereum with promises of low fees, there are now dozens of cryptocurrencies with cheaper fees and the platform has lost much of its influence compared to the 2018-2022 era, so it is natural to see a drop in price.

[MUGNIA]

little activity makes BNB lower than SOL, but as we know BNB is a good coin just like SOL, it's just that BNB moves slowly in welcoming new projects unlike SOL which is always innovative for its projects, so we just have to wait for the time for BNB to move to its best new ATH this season,

[salad daging]

little activity makes BNB lower than SOL, but as we know BNB is a good coin just like SOL, it's just that BNB moves slowly in welcoming new projects unlike SOL which is always innovative for its projects, so we just have to wait for the time for BNB to move to its best new ATH this season,

BNB has reached a new ATH this season with only a slight correction but will likely be above $800 next year.

This is just a matter of hype because Solana is in the fomo of many people with meme coins that continue to be attacked, this creates a high increase in solan even though BNB is a little slow in its ecosystem activities but their coins still strengthen sharper.

[KryptoBull]

BNB has reached a new ATH this season with only a slight correction but will likely be above $800 next year.

This is just a matter of hype because Solana is in the fomo of many people with meme coins that continue to be attacked, this creates a high increase in solan even though BNB is a little slow in its ecosystem activities but their coins still strengthen sharper.

I also doubt the sustainability of the memecoins trend, and of course, the price increase that memecoins bring to SOL. The Bnb chain has a more diverse and efficient ecosystem, ready to embrace any trend in the market during an uptrend, so for me, BNB still seems safer and more potential than SOL. If I invest in both tokens, I would allocate most of my capital to BNB and a small portion to SOL.

SOL's market cap surpassing BNB market cap doesn't mean BNB is less valuable than SOL in this market. We still have 2025 ahead to follow the competition between BNB and SOL, and we shouldn't forget XRP's comeback.