After a 22% weekly surge, BNB overtakes Solana in market capitalization.

In terms of market value, Binance Coin (BNB) has surpassed Solana (SOL), securing its place as the fifth-largest cryptocurrency available.

This change follows a robust price surge for BNB, whilst Solana experienced recent drops.Solana Down, BNB Up

BNB's market capitalization was $102.9 billion at the time of writing, which was almost $8.5 billion more than SOL's valuation. The asset rose 11.8% over the past day, peaking at $720 inside the day before leveling off at $705.

BNB rose 22% over the last seven days, surpassing both competing smart contract platforms and the larger cryptocurrency market, which has hardly moved. Even if the increases are substantially smaller—4.3% and 2.7%, respectively—the token is still up over the last two weeks and month.

In the meantime, Solana has suffered, falling 4.1% over the past week and more sharply, 19.2% over the last two weeks. Its price has ranged from $189 to $20 since yesterday, before leveling off at $193.Conditions of the Market

The decline in SOL coincides with altcoins experiencing even more severe losses due to wider market instability, as evidenced by assets like OM and RAY. Bitcoin made an attempt to surpass $98,000 as well, but it encountered significant opposition and withdrew to $96,000.

In a single day, the industry lost approximately $80 billion in total value due to the turbulence. However, Binance Chain announced a significant improvement for 2025 at the same time as BNB's ranking climb. Gasless payments, AI-driven innovations, and faster transaction speeds will all be implemented on the blockchain.

Changpeng Zhao, the former CEO and co-founder of Binance, emphasized sub-second block times and artificial intelligence integration in a recent X post, confirming the planned change.

In contrast, Solana has performed well in the retail decentralized exchange (DEX) market; according to a recent survey, it accounted for almost half of all DEX volumes. Approximately 60% of activity was driven by Pump.fun, a well-known meme coin launchpad.

The network's joke coin scene was so popular that, at one point last month, the Official Trump token's introduction drove search volume for the word "buy Solana" to its greatest scores on Google Trends.

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