Solana is drawing significant U.S. Institutional investment, contrasting Binance Coin’s reliance on Asian capital. SOL’s market cap is approaching 120 billion USD, reflecting steady growth despite market pressures.
Recent data shows SOL gained 3.15% and its weekly ratio against BNB increased by 5.17%. In August, SOL delivered a 16.50% ROI compared to BNB’s 9.51%, marking its first relative boost since April.
Key drivers for SOL include upcoming upgrades and institutional backing, while BNB continues its community-driven expansion. Despite SOL recovering from its 295 USD January high, both tokens remain in a tight race for top rankings.
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