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Analysts name 2 promising cryptocurrencies that will grow to $ 100 billion in capitalization
The cryptocurrency market is showing significant volatility. The market flagship recently crossed the $ 59,000 mark, prompting analysts to expect further growth for other digital assets.
Experts identify two cryptocurrencies with high growth potential by the end of September — BNB Chain (BNB) and Solana (SOL). BNB is currently worth $ 597 with a market capitalization of $ 78 billion. Analysts expect it to reach $ 100 billion due to several factors. Binance 's return to the Indian market could significantly increase the utility and investment appeal of BNB. The total value of blocked funds (TVL) on the Binance Smart Chain has increased from $ 3.6 billion to $ 4.27 billion in a short period. Derivatives data also indicates positive trader sentiment towards BNB.
Solana is also approaching $ 100 billion in market capitalization. Its current market capitalization is $ 65.77 billion. The recent approval of spot ETFs on Solana in Brazil caused a significant price increase. The number of active Solana addresses reached a record 54.33 million in July, up 151% year-to-date. The platform has become a hub for launching new tokens, especially memecoins, with the number of non-voting transactions peaking at 1.3 billion in July.
Both cryptocurrencies show strong potential. BNB benefits from the expansion of the Binance ecosystem. Solana is attracting attention due to growing user activity and institutional interest.