Solana Surpasses Binance Coin with $87.9B Market Cap on 16% Surge, $170 Price, ETF Speculation
By: defi news|2025/05/11 02:45:05
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Solana (SOL) has experienced a notable surge, reclaiming the $170 price level and achieving a 16% increase in value to reach a market capitalization of $87.9 billion. This rally has propelled Solana past Binance Coin (BNB), which now ranks fifth with a price of $638.09, making Solana the fourth largest cryptocurrency by market cap. The upward momentum is supported by rising trading volumes and speculation surrounding exchange-traded funds (ETFs), partially influenced by political developments linked to former President Donald Trump. Over the past 30 days, Solana has led the top 10 cryptocurrencies with a 46% return and has dominated on-chain volume for 69 consecutive days. The cryptocurrency community widely recognizes Solana's growing prominence and potential future impact in the market.This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
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