Solana (SOL) has surpassed Binance coin (BNB) in market capitalization, becoming the world’s fourth-largest cryptocurrency.
This follows a remarkable streak of growth, with Solana surpassing Ethereum’s performance in the previous 24 hours and achieving a record DEX daily volume number.
Despite the downturn in the digital asset market, Solana has managed to surpass BNB in market capitalization, making it the fourth-largest crypto globally.
The price and market cap of Solana have both increased by over 12% and over 9.58% in the last 24 hours. Currently trading at $204.2. This SOL has not been seen since 2021.
Recent gains have given hope, but it still has a long way to go before reaching its all-time high of $260. However, most assets have declined by over 20% or more before recovering on Sunday, indicating a potential for further growth in the crypto market.