Solana’s $SOL Hits Record High, Surpasses $BNB in Market Value
On September 12, 2025, Solana’s native token $SOL surged past $240, pushing its market capitalization to $126 billion and overtaking BNB to secure the position of the fifth-largest cryptocurrency. This milestone reflects Solana’s growing dominance as one of the fastest and most scalable blockchain platforms.
The rally was fueled by a combination of factors: strong on-chain activity, record transaction volumes, and increasing institutional investment, including Galaxy Digital’s massive $536 million SOL purchase. These developments underline Solana’s rising influence in decentralized finance (DeFi), NFTs, and next-generation blockchain applications.
Market analysts remain bullish, with some forecasting that SOL could reach $500 or even $1,000 in the coming months. Anticipation around upcoming network upgrades and potential ETF listings has further strengthened investor optimism.
As Solana continues to attract developers, institutions, and retail investors, its performance highlights the shifting landscape of the crypto market — where speed, scalability, and innovation drive long-term value.