Overview

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The number of unique addresses that signed transactions across Solana. Chart uses 7-day moving average. Despite these shifts, Solana retains more daily active addresses at approximately 4 million. However, the SOL/BNB ratio has dropped over 50%, indicating higher losses for SOL holders This surge propels Solana into the position of the fourth-largest cryptocurrency, surpassing Binance Coin (BNB), which currently stands at $41.9 billion, as per Solana’s Network Surge and How It Compares to BNB. The Solana blockchain has recently witnessed a remarkable increase in daily new addresses, reaching an Per Solana Floor, SOL has recently outpaced BNB Chain in daily active address count. On March 26, the daily active address count on Solana was hovering near 1.5 million, whereas the BNB Solana’s (SOL) price crossing $185 may not usually be a big deal, but it is at the moment as it resulted in the altcoin flipping the Binance native token BNB. The “Ethereum However, Solana still has a higher daily active address count (around 4M), compared to BNB Chain’s 1.6 M. As such, Solana could reclaim its spot as ‘home of memecoins’ if the broader As of this writing, SOL had a market cap of $87.05 billion, flipping BNB, which had a capitalization of $86.22 billion. At the moment, Solana is targeting the $200 mark after

Solana (SOL) Flips BNB in Daily Active Addresses: How High Can SOL Rise in April?

Solana (SOL) has achieved a significant milestone, recently flipping Binance Coin (BNB) in the daily active address count. This surge propels Solana into the position of the fourth-largest cryptocurrency, surpassing Binance Coin (BNB), which currently stands at $41.9 billion, as per Solana’s Network Surge and How It Compares to BNB. The Solana blockchain has recently witnessed a remarkable increase in daily new addresses, reaching an impressive number.

Solana Overtakes BNB in Active User Engagement

Per Solana Floor, SOL has recently outpaced BNB Chain in daily active address count. On March 26, the daily active address count on Solana was hovering near 1.5 million, whereas the BNB. This signals a strong and growing user base actively engaging with the Solana network. The number of unique addresses that signed transactions across Solana is a key indicator of network activity. Chart uses a 7-day moving average to provide a smoother trendline.

Solana's Rise to Prominence

Solana’s (SOL) price crossing $185 may not usually be a big deal, but it is at the moment as it resulted in the altcoin flipping the Binance native token BNB. As of this writing, SOL had a market cap of $87.05 billion, flipping BNB, which had a capitalization of $86.22 billion. At the moment, Solana is targeting the $200 mark after.

Solana vs. BNB: A Comparative Analysis

While SOL/BNB ratio has dropped over 50%, indicating higher losses for SOL holders, Solana still boasts a larger and more active user base. Despite these shifts, Solana retains more daily active addresses at approximately 4 million. However, Solana still has a higher daily active address count (around 4M), compared to BNB Chain’s 1.6 M. As such, Solana could reclaim its spot as ‘home of memecoins’ if the broader “Ethereum.

What's Next for Solana in April?

With the momentum of flipping BNB in market cap and maintaining a higher daily active address count, the question remains: how high can Solana rise in April? Factors such as overall market sentiment, new project launches on the Solana network, and continued user adoption will play a crucial role in determining SOL's price trajectory. Keep an eye on Solana as it continues to challenge the established players in the cryptocurrency space.

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