BNB and SOL Battle for 5th Spot in Crypto Ranking, Who’ll Win?
The cryptocurrency market has witnessed a major bullish reversal over the past 48 hours, resulting in top tokens such as Bitcoin, Ethereum, and XRP breaking out their multi-month highs. Following this, Solana and Binance tokens have also displayed a similar action by adding notable value to their portfolios.
While Binance Coin (BNB) has a market capitalization of $89.58 billion, Solana (SOL) has a valuation of $87.73 billion, a difference of just over $1.85 billion. With this, BNB token has a market dominance of 2.75%, SOL coin has a dominance of 2.71%.
Following this, the war for the 5th position is on between Binance and Solana for the 5th position. While marketers speculate BNB ETF to be a major catalyst in the price surge, the other…
