The cryptocurrency market showed a significant rise in the second half of July, driven by Bitcoin's strong rally. This positive trend, led by Bitcoin (BTC), is reflected in Germany's $3.5 billion Bitcoin sale and Mt. Gox also received support from important events such as paying 65 percent to its creditors after the stock market crash. These developments increased investor confidence by reducing supply pressure in the market.

In this positive environment, some altcoins exhibit significant growth potential. BNB (BNB) and Solana (SOL) stand out as two prominent altcoins in this context. Both assets are predicted to reach a market value of $100 billion by the end of August.

BNB (BNB)$BNB


Binance's main network asset, BNB, is currently trading at $597 and attracts attention with a market value of $88 billion. Technical indicators show that BNB has successfully crossed the 200-day EMA and has the potential for further price upside. It may be possible for BNB to reach a market value of $100 billion if it surpasses the $610, $633, and $675 resistance levels and reaches around $680. Additionally, Binance's permission to deposit customer funds in US Treasury Bills stands out as a factor that increases market confidence and provides a recovery in the price of BNB.

Solana (SOL)$SOL


Solana is currently the fifth largest cryptocurrency and the fourth largest altcoin. The market value of Solana, which is traded at 172 dollars, exceeds 79 billion dollars. SOL broke the bearish trendline and approached the $175 resistance level. Breaking this resistance level could push the price of SOL towards the $188 and $205 levels. While Solana's total locked value in DeFi projects reached $5 billion, the stablecoin market value increased to $3.268 billion. Additionally, the value of SOL's memecoin ecosystem increased by 12.4 percent.

For now, Bitcoin's rally has a positive impact on the overall cryptocurrency market. BNB and SOL's strong technical indicators, increasing trading volumes, and positive market conditions increase the potential for both altcoins to reach $100 billion market cap. It is predicted that BNB and SOL can show significant growth in this environment where investor confidence increases.

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