Solana (SOL) has become the fourth-largest cryptocurrency by market capitalization after seeing its price surge by more than 7% over the past week, to now have a total market cap of $88.28 billion, above BNB's $85.6 billion.

This process, called “tokenization,” allows individuals to take physical items like art, securities, or even carbon credits. They can then convert these items into digital tokens on the blockchain.

With a market capitalization of $88.4 billion, Solana has moved into third place in the ranking of cryptocurrencies, displacing Binance Coin which has an $86.7 billion market capitalization. Will Solana now widen the gap?

The current and future situation of the two crypto.

BNB Chain's MVB Season 8 Demo Day highlights promising Web3 projects, featuring sessions from top innovators. The event offers networking opportunities and insights into future blockchain trends.

Multipli, a ZK-based yield protocol, wins the BNB Incubation Alliance at Binance Blockchain Week Dubai, securing a spot in the MVB program and access to BNB Chain's LaaS package.

In the past 24 hours, the price of Binance Coin (BNB) increased by 5%, which is indicative of a consistent upward motion. BNB, which just broke the vaunted $600 barrier, is attracting the market's focus due to indications of bullish momentum.

Solana (SOL) price appears poised for a breakout as bullish momentum gains traction, lifting the cryptocurrency to a three-month high. While consistent resistance has tested its upward drive, SOL now signals the potential for further gains, capturing the attention of investors closely tracking its movements.

Solana price rally has kicked off, eyes on $200 and a new ATH.

BNB Chain's participation in Binance Blockchain Week Dubai 2024 highlights its strategic initiatives to empower Web3 innovation, including the BNB Incubation Alliance and Most Valuable Builder program.

In October, Solana outperformed Ethereum in several key metrics. The token surpassed Ethereum in market share for decentralized exchanges, economic value, and liquidity inflows. Additionally, SOL demonstrated strong price performance, reaching over $180 on election day and flipping BNB.

The crypto market is rallying 6.8% following the US presidential elections, which made Bitcoin soar to a new all-time high (ATH). As a result, most of the market saw a green daily close, with Solana (SOL) recording a 15.8% surge in the last 24 hours and regaining a key support level.

Binance Coin surges 4.49% to $585.40 with strong trading volume and bullish momentum.

Key Level to Monitor: $545 The BNB/USD pair gained momentum as Trump won the US Presidential election. The pair surged more than $40 from yesterdays low of $543.

Solana (SOL) has officially overtaken BNB (Binance Coin) to claim the title of the 4th largest cryptocurrency by market capitalization. This milestone comes as the market experiences a broader surge, driven by Bitcoin's all-time high price.

Among the largest cryptocurrencies by market capitalization, Solana (SOL) has surpassed Binance Coin (BNB) to secure the fourth position. SOL has recently experienced a 14% increase, which has enabled it to surpass BNB.

Binance cryptocurrency exchange reached a new all-time high in open interest, surpassing $8.3 billion in crypto derivatives. This surge in activity coincides with a sharp increase in Bitcoin prices, which recently hit a historic high following Donald Trump win in the U.S. presidential election.

BNB Chain Tokenization opens a pathway for small businesses to tokenize assets like real estate, art, and company shares. Designed with compliance and security features, the tool supports entrepreneurs seeking to enter Web3 without extensive technical skills. Partners like BitBond reinforce its secure ecosystem. The post BNB Chain Launches New Tokenization Tool for Small Businesses appeared first on Cryptonews.

According to financial services firm Standard Chartered, real-world asset tokenization could reach a $30 trillion market cap by 2030.

Crypto markets cheered Donald Trump's win by pushing Bitcoin to a new all-time high above $75,000, signaling the start of the next leg of the uptrend.

BNB Chain has launched a tokenization solution aimed at helping individuals and small businesses onboard to web3.

TL;DR BNB Chain launches a tokenization service that allows companies and users to transform real assets into digital tokens without requiring technical expertise. The platform enables SMEs to issue their own tokens, improving liquidity and offering new ways to engage with customers.

Solana's native token, SOL, has recently surpassed Binance Coin (BNB) in market capitalization, securing the fourth spot among the largest cryptocurrencies.

BNB Chain, Binance's blockchain ecosystem, has launched a new asset tokenization portal focused on real-world assets (RWAs) and private companies. This service aims to provide low-cost access to a growing market.

Solana's climb has now placed it as the fourth-largest cryptocurrency position, following only Bitcoin (BTC), Ethereum (ETH), and Tether's USDT.

TL;DR Solana (SOL) has surpassed Binance Coin (BNB) to become the fourth-largest cryptocurrency by market capitalization, with Solana's market cap at $86.8 billion compared to BNB's $83.1 billion. Solana's growth is driven by increased on-chain activity and higher transaction fees, with its decentralized exchange Raydium generating over $3 million in fees within 24 hours.

SOL's market capitalization has outperformed BNB's, claiming the fourth position among the top largest cryptocurrencies by market cap. According to live data from CoinMarketCap, Solana's SOL has performed impressively in the last 24 hours, recording a gain of 15.41%.

Solana's valuation swelled to $87.3 billion, joining other altcoins like Dogecoin in posting double-digit gains amid a general market uptrend.

An incoming crypto-friendly Trump administration could make allowing crypto ETFs in the U.S. easier, traders say, boosting SOL's prices.

BNB price has dropped by ∼22.7% from the year-to-date high, but the weekly chart points to an eventual rebound as it has formed a cup and handle and bullish flag patterns. Binance Coin was trading at $560, down by ∼10% from its October highs.

Bitcoin price trades below $70,000 as traders derisk ahead of the election. Will altcoins follow this trend or take advantage of BTC's consolidation?

The rates of most of the coins have come back to the green zone, according to CoinMarketCap.

The crypto market faced widespread declines, with only a few assets showing gains, underscoring the sector's inherent volatility.

The Binance Coin (BNB) token retreated for five consecutive days even as the network executed another big burn. It retreated from a high of $611.4 on Oct. 29 to a low of $562, its lowest point since Oct. 14.

The price of Binance Chain Native Token (BNB0 has fallen below the moving average lines after being rejected at the high of $612.50 on October 31. The cryptocurrency fell to a low of $570 before recovering.

On November 1, BNB Chain announced the completion of its 29th quarterly burn, effectively decreasing the cryptocurrency's total supply. Following this event, Binance Coin (BNB) bulls are eager to capitalize on the reduced supply to drive the token's price upward.

On Friday, November 1, the BNB Foundation announced the successful completion of the 29th quarterly burn by the BNB Chain. This latest event of the routine token burn reiterates the project's commitment to a deflationary approach in order to ensure growth.

BNB's 29th burn could be the catalyst for a new rally if resistance breaks.

Solana (SOL) has unveiled its latest project, Seeker, prompting a notable price surge of 5% and bringing SOL closer to becoming the fourth largest cryptocurrency by market capitalization, surpassing Binance Coin (BNB). This price movement comes as Solana reaches a three-month high, with current trading values hovering around $183.38.

The crypto market has witnessed a bearish turnaround since mid-week as Bitcoin's price breaks below the $70,000 floor. The renewed selling pressure can be attributed to market uncertainty following the upcoming result of the U.S. election.

The crypto market faced a surge of selling pressure this week, unsettling investors as Bitcoin (BTC) dropped by 4% before rebounding to $71,000.

Markets have started to sell-off, and Bitcoin needs to hold $70,000 for the BTC and altcoin rally to continue.

Even though the day has started bearish, most of the coins are trying to seize the initiative, according to CoinStats.

BNB Chain's MVB Season 8 in Dubai brought together Web3 innovators with expert guidance and networking opportunities, culminating in a Demo Day for global exposure.

BNB Chain has successfully completed its 29th quarterly BNB token burn, eliminating over 1.77 million BNB valued at approximately $1.07 billion, according to BNB Chain.

The BNB Foundation removed over $1 billion worth of BNB from circulation after its latest quarterly token burn.

Despite the massive number of tokens destroyed so far, the BSC network still needs to burn more than 43 million BNB to reduce the token's market supply.