BNB Soars to New Heights – Outpaces Solana in Market Cap
BNB is a local cryptocurrency for BNB chains that has experienced huge growth in market value, surpassing Solana ((sol).
This was facilitated by Binance Exchange’s recent headlines, Changpeng Zhao (CZ), its founder and former CEO.
BNB’s market value is better than Sol
BNB’s price has risen 13% over the past week, increasing its market cap to over $100.4 billion, thus flipping SOL.
Founder and former CEO of Binance Changpeng Zhao (CZ) commented on this development, reflecting forward-looking views. He stressed that this milestone is just an early step for a broader
“Not a competition. But it’s just the beginning,” CZ Comment.
The performance of the BNB chain, which handled 68.3 million transactions in the past 30 days, further highlighted the traction. On the data dune It shows that BNB accounts for more than 6% of the total transactions, second only to Solana.
In this way, it effectively becomes the leading Ethereum Virtual Machine (EVM) chain through monthly transactions.
Meanwhile, the BNB chain ecosystem is witnessing Meme Coinespecially with the emergence of the Four.meme platform. Data about the dunes show This platform helps create over 12,000 meme tokens in one day.
Despite Solana’s sector competition Pump and Tron’s Sunpump, turnout shows growing interest in meme-based cryptocurrencies BNB Chain Community. However, such actions Malicious attack Maintain consistent threats and interrupt platform performance.
As BNB continues its upward trajectory and four platforms. The interaction between maximum earnings traction, technological progress and market sentiment remains the focus of industry observers.
Analysts highlight BNB’s technical rebound
Meanwhile, BNB has the highest yield among the top 30 cryptocurrencies, soaring 12% to around $711. It is one of the few tokens that show a positive price transfer, while the broader market struggles. Crypto analyst Zeus expressed optimism about BNB prices with CZ’s influence.
“I don’t think everyone is optimistic enough about BNB. We’re at the peak of the crime season, and CZ is one of the greatest criminals in the field. Every chart I’ve looked at makes me feel more bullish and I think we’re about BNB Chain has a serious move…” Zeus Write.
The analyst also suggested that investor interests are transferred from Solana to the BNB chain due to increased efficiency. They believe this could greatly affect the price of BNB.
Additionally, analysts suggest listing new meme coins, e.g. TST And Cheems, binance may lead to a surge. These lists and CZ continue to promote the BNB chain to enhance market confidence in the ecosystem.
The increase in second-hand trading activities, The world’s largest crypto exchangeprobably played a crucial role in BNB’s recent performance.
beincrypto data show As of this writing, BNB is trading at $713.93, nearly 13% in the past 24 hours.
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