There have been significant shifts in the cryptocurrency market, particularly with Solana rising above $200 again and flipping Binance Coin in market cap. Kaspa has also shown strong growth, attracting investor attention.
Solana ($SOL) Surpasses $200 and Flips BNB
Solana (SOL) reached the $200 mark, allowing it to surpass Binance Coin (BNB) in market cap. Trading volume on Solana increased by 101% in the last 24 hours, amounting to $106 billion.
Kaspa ($KAS) Leads Among Cryptocurrencies
Kaspa (KAS) saw a rise of 14.6%, reaching $0.1134 and becoming a leader among major cryptocurrencies. This growth is linked to the rising interest in Kasplex Layer 2, which will introduce smart contracts and dApps to the KAS ecosystem.
Other Market Movers: PENGU, ZBCN, and More
Other notable market movements included:
* PENGU: rose by 7% after confirming its participation in San Diego Comic-Con 2025. * ZBCN: jumped 20.04% to $0.0041 after announcing a partnership with Algorand. * OSAK: climbed 18.4%, placing it among the top five performing meme tokens. * RBNT: surged by 32.17% to $0.02794, following a new BitMart listing.
In summary, while the major cryptocurrencies like Bitcoin and Ethereum have shown slight declines, the altcoin and meme token market remains active and dynamic.