Solana’s Comeback: Can It Smash $200 and Topple BNB Again?

Solana's gunning for glory—but can it really reclaim its throne?

After months of sideways action, SOL bulls are charging. The target? A decisive break above $200 and a rematch with BNB for market cap dominance. No one's calling it a sure bet—this isn't your uncle's 'safe' bond portfolio—but the momentum's building.

Key hurdles ahead: Network stability (remember those outages?) and trader psychology at key resistance levels. Meanwhile, BNB's not exactly rolling over—Binance's war chest ensures that.

Bottom line: High-risk, high-reward drama fit for crypto's main stage. Just don't bet the farm unless you enjoy sweating over candle charts.

Can Solana surpass BNB?

Compared to Solana, BNB’s DeFi ecosystem is smaller, with a market capitalization of $6.832 billion. What is more, BNB takes only one-third of Solana’s revenue, with network fees at $459 million compared to Solana’s $1.55 million. Still, despite lower DeFi metrics, BNB receives support from Binance, whose fees are used for token burns, directly contributing to its scarcity.

Binance’s revenues correlate directly with the overall crypto market, including Solana. At the same time, Binance’s market share remains stable compared to both centralized and decentralized competitors. For this reason, BNB is a uniquely elusive competitor to SOL. For Solana to outperform BNB, Binance would need to lose a significant market share to DeFi platforms.