Can Solana Outperform Binance Coin

Adekunle Joshua

Since October, Solana has outperformed several cryptocurrencies by surging over 440%

Additionally, Solana currently occupies the 4th largest position among cryptocurrencies by market capitalization

In contrast, BNB currently ranks 5th and has only gained 8% this year, making it one of the weakest performers among the top 50 cryptos

Last year, Solana's market cap temporarily surpassed that of BNB, but now both currencies are competing for the 4th spot

In recent weeks, Solana's DeFi Total Value Locked (TVL) has witnessed a significant uptick.