Journalist
Posted:
- Market indicators indicated that SOL’s rally could continue.
- Conversely, BNB might witness a price correction.
According to CoinMarketCap, Solana’s value surged by more than 125% in the last seven days, making it one of the highest gainers in top altcoins.
At the time of writing, SOL was trading at $109.06 with a market cap of over $47.6 billion, making it the fifth-largest crypto.
With this recent uptrend, the difference between SOL and Binance Coin’s [BNB] market cap was reduced to 600 million.
If this gaining spree continues, SOL could soon flip BNB to become the fourth-largest crypto by market cap.
Will Solana flip BNB?
AMBCrypto checked Solana’s daily chart to see whether SOL would maintain its bullish momentum.
Notably, SOL’s MACD suggested that the bulls were still leading the market.
Both its Relative Strength Index (RSI) and Chaikin Money Flow (CMF) also…
