|
Competition between the fourth and fifth positions on the cryptocurrency market cap leaderboard has been fierce, with BNB and SOL both experiencing significant uptrends.
The main reason driving the continuous rise in BNB price is the ongoing efforts of Binance Launchpool, which spans from AI to gaming and restaking. Binance's listing requirements, including mining using BNB, directly contribute to the rise in BNB.
BNB Chain announced the launch of its "Airdrop Alliance Program," covering collaborations between BNB Chain and ecosystem partners that have not yet issued tokens. This initiative aims to reward the community by providing airdrops to traceable users on BNB Smart Chain (BSC) and opBNB. This news further propelled the price of BNB upwards.
The expanding Solana ecosystem
Not only SOL shines brightly, but also the tokens of projects within the Solana ecosystem are experiencing widespread increases in price.
SOL's price has steadily risen in this cycle, and projects within the Solana ecosystem have steadily released various applications in sectors such as DeFi, Depin, and AI, driving Solana's Total Value Locked (TVL) higher.
The meme coins within the Solana ecosystem are particularly strong, with the most representative being WIF, currently ranked 52nd by market capitalization. From an obscure meme dog, it has transformed into a potential candidate for the Las Vegas spherical theater, MSG Sphere, marking another celebration of memes.
In addition to memes, DeFi projects within the Solana ecosystem have also performed well, with Jupiter being the most representative. On March 7th, Jupiter launched its genesis vote, with all votes (including the genesis vote) receiving incentives, including issuance from JUP and WEN, as well as Launchpad fees from projects soon to be launched. |
|