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BNB Overtakes Solana, Becomes 5th Largest Cryptocurrency by Market Cap

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By on December 4, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post BNB Overtakes Solana, Becomes 5th Largest Cryptocurrency by Market Cap appeared first on Coinpedia Fintech News

Binance’s native token, BNB, has surpassed Solana (SOL) to become the fifth-largest cryptocurrency by market capitalization. BNB now boasts a market cap of $112.54 billion, signaling growing confidence in the token’s future. In a significant surge, BNB’s price has climbed to $781.40, marking an impressive 21% rise in just 24 hours. This rapid growth has caught the attention of the crypto market as BNB now trails only USDT, XRP, ETH, and BTC in rankings. The momentum behind BNB showcases its resilience and continued adoption within the Binance ecosystem, leaving many to speculate about its potential for further gains in the coming days.

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