According to data from Coingecko, Binance Coin (BNB) surged from around $264 to above $288, a 9% increase in the last 24 hours. Binance’s flagship cryptocurrency started to rally in mid-December after a bearish month. At the press time, BNB’s market cap stands at $42.41 billion, holding the 4th position.
Binance Coin is back in the spotlight as its price has surged by 9% over the past 24 hours. BNB is still under pressure, but with a wide rally across the crypto complex, investors seem to be piling into the token.
BNB was previously among the third-largest altcoins, behind Ethereum (ETH) and stablecoin Tether (USDT). However, the recent growth of Solana (SOL) has outpaced BNB and Ripple (XRP).
BNB Bulls Shoot for SOL
SOL has taken over the 4th position in market capitalization as its price continues to jump. Over the past year, Solana has skyrocketed over 600%, an impressive resurgence compared to other top…