2 cryptocurrencies to reach $100 billion market cap in July

The
wider
cryptocurrency
market
has
experienced
significant
volatility
recently.
While
June
began
on
a
strong
note,
investor
sentiment
shifted
from
greed
to
caution
by
the
second
week,
leading
to
major
price
drops.

Despite
these
challenges,
some
cryptocurrencies
are
edging
closer
to
significant
market
cap
milestones.
Finbold
has
identified
Binance
Coin
(BNB)
and
Solana
(SOL)
as
strong
contenders
to
reach
a
$100
billion
market
cap
in
July.
Whether
these
cryptocurrencies
achieve
this
milestone
will
depend
largely
on
broader
market
dynamics
in
the
coming
weeks.

BNB
Chain
(BNB)

BNB,
the
native
token
of
Binance,
displays
strong
potential
to
reach
and
perhaps
surpass
a
$100
billion
market
cap.
This
potential
stems
from
strategic
expansions
and
innovations
within
the
Binance
ecosystem. 

Currently
trading
at
$583.54
with
a
market
cap
of
$86.13
billion,
BNB
has
shown
significant
promise.
On
June
20,
BNB
Chain
rolled
out
a
major
update
with
BEP
336,
slashing
transaction
fees
by
90%. 

Recently,
BNB
dipped
below
the
$590
support
level
but
found
stable
footing
at
$560.
If 
the
bulls
push
the
price
above
the
moving
averages,
BNB
could
rally
to
$617
and
potentially
reach
$722.
With
these
fee
reductions
and
bullish
market
trends,
BNB
is
well-positioned
for
substantial
market
cap
growth
in
the
near
future.

Solana
(SOL)

Currently
the
fifth-largest
cryptocurrency
with
a
market
cap
of
$70
billion,
Solana
has
robust
investor
interest
and
confidence.

The
Solana
ecosystem
has
significant
activity,
especially
with
SOL-based
meme
coins.
Solana
is
currently
priced
at
$131.16
and
has
become
a
favored
platform
for
meme
coin
issuers,
boosting
its
market
presence.

Recently,
3iQ
announced
plans
to
launch
North
America’s
first
publicly
traded
Solana
exchange-traded
product
on
the
Toronto
Stock
Exchange
(TSX),
highlighting
strong
institutional
interest. 

Despite
a
recent
dip
below
its
descending
channel
pattern,
Solana
has
demonstrated
resilience.
If
the
price
climbs
above
the
resistance
line,
it
could
surge
to
$176,
indicating
a
solid
recovery.
With
increasing
adoption
and
significant
institutional
backing,
Solana
is
on
track
to
approach
the
$100
billion
market
cap.

Both
BNB
and
Solana
are
making
strategic
moves
and
showing
resilience,
positioning
them
as
top
contenders
to
hit
a
$100
billion
market
cap
by
July.
Investors
and
traders
should
closely
watch
these
cryptocurrencies
as
they
continue
to
evolve
and
leverage
their
strengths.

Disclaimer:
The
content
on
this
site
should
not
be
considered
investment
advice.
Investing
is
speculative.
When
investing,
your
capital
is
at
risk.