Can SOLONA Overtake BNB?
$SOL experienced a price increase of over 23% in a significant rally within just a week. This surge propelled Solana's market capitalization to $51,60 billion on Wednesday, February 14, edging out Binance Coin ($BNB ), which stood at $49,75 billion.
Ethereum's peak market capitalization was around $548 billion, so it's definitely not out of the realm of possibility for Solana to reach a $440 billion market cap. Still, getting to a price of $1,000 would require Solana to increase in price by about 9.7x, which won't be easy at all.
Our most recent Solana price forecast indicates that its value will increase by 17.76% and reach $144.10 by March 07, 2024. Our technical indicators signal about the Bullish Bullish 77% market sentiment on Solana, while the Fear & Greed Index is displaying a score of 90 (Extreme Greed).