Binance Coin grew by 20% over the week

The value of the crypto asset BNB $670.35 BNB 0.73% Market capitalization $97.8 billion VOL. 24 hours $0.48 billion exceeded the $ 700 mark, which allowed it to surpass Solana (SOL) in terms of market capitalization. At the time of writing, BNB’s capitalization was more than $ 105 billion, which exceeds the same figure for Solana SOL $203.19 Solana 5.66% Market capitalization $99.21 billion VOL. 24 hours $0.55 billion , which stopped at about $ 100 billion.

Analysts note that the rise in BNB’s price is due to improved market sentiment and increased demand for the token, in particular due to its active use in the Binance ecosystem. In addition, recent regulatory changes and the stabilization of the situation around Binance have helped restore investor confidence.

Over the past day, the price of BNB has increased by 8%, and the weekly gain has been more than 20%. If the current trend continues, BNB could approach its all-time highs.

At the same time, Solana is also showing steady growth, although its pace remains slower than BNB. Analysts do not rule out that SOL may regain its position if the altcoin market continues to grow rapidly.

Amid the general revival of the cryptocurrency market, investors are closely monitoring the largest assets, in particular BNB, which continues to strengthen its position among the top cryptocurrencies.