Ethereum

Solana

Coin

<p>Ethereum (ETH) has <a href="https://coinpedia.org/price-analysis/ethereum-breaking-above-the-threshold-heres-only-when-it-may-form-a-new-ath-in-2024/" target="_blank" rel="noreferrer noopener">skyrocketed past $4,000</a> in the past 24 hours, sparking renewed excitement across the altcoin market. This surge has many wondering: is a new bull run on the horizon for the entire altcoin space? With large-cap altcoins like Binance Coin (BNB) and Solana (SOL) already testing their 2021 all-time highs, the market is showing signs of a major shift. </p>   
<p>But there’s more at play here than just Ethereum’s price movement — a deeper trend is unfolding.</p>   
<p>At the same time, Bitcoin dominance is showing signs of decline on the weekly chart. This shift is expected to speed up the movement of funds from Bitcoin into altcoins. Many analysts believe that after Bitcoin’s strong performance in the past two years, altcoins are likely to outperform Bitcoin in 2025.</p>   
<h2 class="wp-block-heading" id="h-sol-and-bnb-key-market-players">SOL and BNB: Key Market PLayers </h2>   
<p>Following last month’s <a href="https://coinpedia.org/news/donald-trump-wins-2024-us-election-crypto-voters-play-a-key-role-in-victory/" target="_blank" rel="noreferrer noopener">victory of pro-crypto US President Donald Trump</a>, most of the projects majorly traded around the region experienced a sharp uptick in demand. For example, Ripple Labs’ <a href="https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/" target="_blank" rel="noreferrer noopener">XRP surged more than 5X</a> to almost retest its all-time high, thus climbing to the third most valuable crypto asset by market cap.</p>   
<p><a href="https://coinpedia.org/price-prediction/solana-sol-price-prediction/" target="_blank" rel="noreferrer noopener">Solana </a>has also seen impressive growth, recently revisiting its all-time high of over $250. This move pushed BNB out of the fourth position for a time.</p>   
<p>However, the situation is shifting again. In the past week,<a href="https://coinpedia.org/price-prediction/bnb-binance-coin-price-prediction/" target="_blank" rel="noreferrer noopener"> BNB outperformed </a>other large-cap altcoins, gaining 4% to trade at around $715. In comparison, Solana and Dogecoin experienced small drops, around 1%.</p>   
<h2 class="wp-block-heading" id="h-what-s-boosting-bnb">What's Boosting BNB? </h2>   
<p>As a result, BNB has overtaken Solana to become the fifth-largest crypto by market cap, now valued at approximately $104.7 billion. This rise in BNB’s price is closely tied to the success of the Binance ecosystem, which includes the <a href="https://coinpedia.org/beginners-guide/binance-smart-chain-bsc/" target="_blank" rel="noreferrer noopener">Binance Smart Chain (BSC) </a>and the <a href="https://coinpedia.org/exchange/binance-review/" target="_blank" rel="noreferrer noopener">Binance exchange.</a></p>   [post_titles_links postid="393782"]   
<p>Recent data shows the Binance ecosystem is thriving, with the BSC network holding a total value locked (TVL) of $5.8 billion and a stablecoins valuation of around $6.6 billion. With over 1 million active addresses in the past 24 hours, BSC continues to play a key role in BNB’s ongoing rise.</p>   [article_inside_subscriber_shortcode title="Never Miss a Beat in the Crypto World!" description="Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more." category_name="News" category_id="6"]

Why Binance Coin (BNB) Could Be Your Best Bet this Crypto Bull Run

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