{"id":10545,"date":"2025-09-12T10:17:11","date_gmt":"2025-09-12T10:17:11","guid":{"rendered":"https:\/\/bitunikey.com\/news\/sol-flips-bnb-as-5th-largest-crypto-by-market-cap-as-solana-price-eyes-260\/"},"modified":"2025-09-12T10:17:19","modified_gmt":"2025-09-12T10:17:19","slug":"sol-flips-bnb-as-5th-largest-crypto-by-market-cap-as-solana-price-eyes-260","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/sol-flips-bnb-as-5th-largest-crypto-by-market-cap-as-solana-price-eyes-260\/","title":{"rendered":"SOL flips BNB as 5th largest crypto by market cap as Solana price eyes $260"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">SOL has overtaken BNB to become the fifth-largest crypto by market cap, with Solana price testing $240 and targeting $260.<\/p>\n<div id=\"cn-block-summary-block_2d399a17aa27efb6b4884b9eab9e0ef2\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>SOL now valued at $128.67B, overtaking BNB\u2019s $125.87B as Solana price pushes into $240 resistance.<\/li>\n<li>Solana\u2019s TVL hit a record $12.95B, up ~20% in 30 days, surpassing Ethereum\u2019s combined L2s.<\/li>\n<li>Solana memecoins\u2019 market cap jumped ~80% to $13B since June.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Solana (SOL) has been in a strong uptrend since breaking above the $205\u2013210 resistance band, which aligned with the 0.382 Fib retracement. The rally has carried price up to the key $240 level, where SOL was trading in late January, while consistently printing higher lows since mid-June. This momentum has lifted Solana\u2019s market cap to $128.67B, allowing it to surpass BNB at $125.87B and claim the position of the fifth-largest cryptocurrency by market cap.<\/p>\n<p>That said, SOL price now looks overextended relative to both the 20-day EMA and the breakout zone, with the RSI nearing 70, signaling stretched momentum. A pullback appears likely, with $218 as the first support, followed by the $208\u2013210 region (Fib + 20-day SMA). Holding these levels would keep the broader bullish structure intact and set up potential continuation towards $260.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/skYOuuO6\/?symbol=BINANCE%3ASOLUSDT\" target=\"_blank\" rel=\"nofollow\">TradingView<\/a><\/figcaption><\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">What\u2019s driving Solana price?<\/h2>\n<p>Apart from bullish technicals, Solana\u2019s fundamentals have been strengthening rapidly. TVL on the network has recently reached a record high of $12.95 billion, up about 20% over the past 30 days alone. This surge in locked capital reflects deeper liquidity and growing confidence in Solana\u2019s DeFi ecosystem, pushing it ahead of most competing layer-1 chains and even surpassing Ethereum\u2019s combined L2 TVL, which includes Base, Optimism, and Arbitrum. <\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1530\" height=\"716\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/09\/1757672231_581_SOL-flips-BNB-as-5th-largest-crypto-by-market-cap.png\" alt=\"SOL flips BNB as 5th largest crypto by market cap as Solana price eyes $260 - 2\" class=\"wp-image-14414610\"><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/chain\/solana\" target=\"_blank\" rel=\"nofollow\">DeFiLlama<\/a><\/figcaption><\/figure>\n<p>At the same time, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/en\/categories\/solana-meme-coins\" target=\"_blank\" rel=\"nofollow\">Solana\u2019s memecoin sector<\/a> has seen explosive growth, with the total market cap of Solana memecoins climbing to $13 billion, up from $7.3 billion in late June \u2014 a nearly 80% increase in less than three months.<\/p>\n<p>Finally, Solana is increasingly becoming a preferred asset for corporate crypto treasuries, with the number of publicly listed companies holding SOL in their reserves rising to 13, according to the latest reports.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SOL has overtaken BNB to become the fifth-largest crypto by market cap, with Solana price testing $240 and targeting $260. Summary SOL now valued at $128.67B, overtaking BNB\u2019s $125.87B as&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2968,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10545","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10545","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=10545"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10545\/revisions"}],"predecessor-version":[{"id":10546,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10545\/revisions\/10546"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/2968"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=10545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=10545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=10545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}