Binance Chain’s native token BNB has continued to put up a show in the crypto market. The coin has surpassed Solana’s market capitalization taking up the number #5 spot with a total market cap of $100.7 Billion.
BNB’s surge in market capitalization follows the coin’s price spike by over 22% in the last 7 days. On the day, the price of BNB has risen by over 10% making it the top performing coin amongst top 10 coins by market cap.
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BNB’s Market Cap Rises Toppling Solana For #5 Position
According to coin ranking on Coinmarketcap, the market capitalization of Binance Coin has surpassed that of Solana making the coin take up the fifth spot. As of the time of this writing, BNB’s market cap stood at $100.74 Billion way above Solana’s $94.58 Billion market cap.
Founder and Ex-Binance CEO Changpeng Zhao (CZ) forward-looked BNB’s recent move whereby he emphasized “Not a competition. But just the beginning!” Earlier on Feb.12, 2025, CZ had also shared BNB Chain’s roadmap which might have increased enthusiasm around the project.
According to CZ, BNB Chain’s plan is to achieve the following in 2025: sub-second block finality, 100 million transactions per day, gasless transactions, a smart wallet solution, AI integration, a memecoin ecosystem and refined developer tools.
CZ further added that the chain will venture into decentralized science (DeSci), decentralized physical infrastructure network (DePIN), real-world assets (RWA) issuance, and governance efficiency.
On-Chain Data Shows BNB Is Dominating EVM Transactions
Amidst flipping Solana’s market cap, BNB Chain has also become the top Ethereum Virtual Machine (EVM) chain based on monthly transactions. Other EVM compatible chains include Ethereum, Polygon, Arbitrum, Avalanche, among others.
On-chain data on Dune shows that the Chain has recorded a total of 68,291,491 transactions in the last 30 days. This places it only second to Solana which has recorded 801,193,957 in the same period.
Crypto Analyst Predicts BNB To Hit Over $3,000
Zeus, a top crypto analyst and investor with 67.1K followers on X, recently shared his opinion about the price of BNB upon the coin flipping SOL in market capitalization. “Every chart I look at makes me feel more bullish, I think we get a serious move to BSC and the price of BNB rips towards $2000,” his post read.
The analyst has based his prediction on analysis of various charts. Based on the $BNB / $SOL chart, for instance, BNB has consolidated in the same range despite the Solana experiencing huge inflows over the years.
In a scenario where investors shift their interest to BNB over SOL due to better efficiency, we could see the coin face immense growth. If BNB manages to break out of the 62+ week consolidation and rips a 4x vs SOL, its price could soar to $3000+ even if SOL maintains the current price.
On the day, data on Coinmarketcap shows that BNB is trading at $707.38. This price depicts a 10.93% increase in the day and 22.07% increase over the last week. How the coin performs moving forward will determine whether the price can reach above the $3,000 mark as predicted by Zeus.
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