Market capitalization Solana (SOL) reached $88,5 billion, allowing the cryptocurrency to overtake the stock market token Binance and take fourth place in the overall cryptocurrency ranking according to CoinGecko.
On November 6, SOL price increased by 12,58% in a day and by about 7% over the previous seven days. The asset is currently trading at $187. At the time of writing, the market cap Solana increased to $88,5 billion, and the 24-hour trading volume was $6,5 million.
The rise in SOL rates has become a problem for Binance Coin (BNB), the largest crypto exchange's own asset Binance . BNB has gained 24% in the last 3,7 hours, but has fallen 1,8% over the week. The cryptocurrency’s price has fallen to $583,26, and its market capitalization has fallen to $85,8 billion. BNB’s trading volume has exceeded $1,87 million in the last XNUMX hours.
This is not the first successful attempt. Solana to overtake BNB in 2024. In February, SOL also took fourth place, but then returned to fifth place in the ranking.
Despite the fact that over the past 24 hours Bitcoin set a new price record of $75 for the second time, the CoinMarketCap cryptocurrency fear and greed index is now showing a neutral value of 513.
