Solana (SOL) has experienced a dramatic surge, surpassing Binance Coin (BNB) to claim the fifth position in global cryptocurrency rankings by market capitalization. Currently hovering around $129 billion, Solana’s market cap now slightly surpasses BNB. 💰 📈 This impressive rise is attributed to several factors: **DeFi Expansion:** Solana’s total value locked (TVL) has hit a record high of nearly $12.9 billion, showing significant growth in decentralized finance activity on the network. **Technical Momentum:** SOL recently cleared resistance levels around $205–210, with strong momentum propelling prices beyond $240. Analysts predict that if this bullish trend continues, the next target could be $260. **Memecoin Boost:** A surge in Solana-based memecoins has further bolstered demand. The combined market value of these tokens has grown nearly 80% since June, attracting both retail and speculative traders. **Potential Risks & Next Levels:** Solana is currently testing the $240 resistance level. If momentum holds, this could pave the way for a move towards $250-$260. However, if the bullish trend weakens, key support levels lie around $220 and the $208–210 range. A drop below these zones could potentially jeopardize recent gains.