Solana Surges Past BNB: Market Cap Reaches $127B

Solana has surpassed Binance Coin (BNB) to become the fifth-largest cryptocurrency by market capitalization, a significant shift in the crypto landscape. Solana’s market cap now stands at $127.2 billion compared to BNB’s $125.8 billion. The surge is fueled by increasing DeFi activity and growing institutional interest in Solana, driving its price up to around $237 – a gain of over 6% in recent sessions.