2 cryptocurrencies to reach $100 billion market cap in the second half of the year
Bitcoin (BTC) has shown remarkable resilience recently, revisiting the $70,000 price zone, buoyed by macroeconomic indicators and a surge in market optimism.
As we move into the second half of the year, a long-term bullish sentiment permeates the industry, with multiple digital assets showing potential for sustained buying pressure that could impact their market capitalization.
Notably, some assets are nearing the $100 billion market cap threshold and are poised for potential rallies. Finbold has identified two cryptocurrencies likely to surpass that mark in the latter half of the year.
BNB Chain (BNB)
BNB, the native token of Binance, is on track to reach a $100 billion market cap, driven by strategic expansions and innovations within the Binance ecosystem.
Initially an ERC-20 token, BNB transitioned to Binance Chain to enhance its utility, facilitating fee payments and enabling participation in new blockchain projects via Binance Launchpad.
Solana (SOL)
Currently, the fifth-largest cryptocurrency with a market cap of $77 billion, Solana (SOL) is also poised to reach the $100 billion mark due to robust investor interest and confidence.
SOL has experienced a 63% increase year-to-date, and its strong correlation with Bitcoin suggests further potential for growth.
