- Solana has reached its highest price in seven months.
- SOL’s market cap is surging closer to that of BNB.
- Analysts think SOL could flip BNB in market cap soon.
Solana has rediscovered its bullish momentum, with the price recording significant gains since the beginning of August 2025.
Amid the surging price, crypto analysts are reviewing the underlying factors behind the growth, including the SOL market capitalization, which has surged significantly, with Solana threatening to surpass BNB and become the -highest-ranked cryptocurrency by market capitalization on CoinMarketCap.
How Close is Solana to Flipping BNB?
The gap between Solana and BNB is closing fast. According to data from the crypto aggregation platform CoinMarketCap, Solana’s market cap at the time of writing was $118.5 billion.
The scaling-focused cryptocurrency has narrowed the gap between itself and BNB, the cryptocurrency ranking above it on CoinMarketCap. According to the aggregation platform’s data, BNB ranked fourth, with a market capitalization of $122.9 billion at the time of writing.
Related: Altcoins LTC, SOL, XRP, ETH Poised After Trump Jr. Firm’s Investment
It is worth noting that the valuations of both SOL and BNB have surged recently, even though Solana’s growth rate has been faster than that of BNB, resulting in the former closing the valuation gap between them.
The comparison between Solana and BNB has been heating up over the past few months. It reached a peak when SOL momentarily surpassed BNB in market cap in July before a pullback readjusted their positions.
Why This Flippening Matters More Than Just Rankings
The renewed push from Solana has ignited optimism in its community, with traders seeing this as a major power shift.
TradingView’s data shows that Solana reestablished support at $200 and embarked on a notable rally in the past few days. SOL traded for $218 at the time of writing, marking the first time the cryptocurrency traded at that price in the past seven months.
The rediscovered momentum has reignited optimism within the Solana community, leading analysts to reconsider the altcoin’s potential to continue its climb toward the top end of the CoinMarketCap ranking.
Solana’s attempt to surpass BNB is a function of growth rate, considering that BNB is also in a bullish phase. However, SOL tends to grow faster, as CoinMarketCap’s data shows that while BNB’s value increased by 3.26% in the past seven days, SOL surged 7.65% during the same period.
Related: Solana (SOL) Price Prediction: Nasdaq Listing Sparks Optimism
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