📊 Market Capitalization & Dominance
Bitcoin (BTC): With a market cap of $1.4 trillion, Bitcoin dominates the crypto market at 63.92%. This surge is due to increased institutional inflows, Bitcoin ETF activity, and broader market confidence. BTC continues to be seen as a digital store of value and market leader.
Ethereum (ETH): Ethereum holds a market cap of $302 billion and commands about 13.8% dominance. Its strength lies in being the foundation of DeFi, NFTs, and smart contracts. However, its dominance is relatively lower due to high competition in the Layer-1 space.
Binance Coin (BNB): BNB’s $96.8 billion market cap gives it 4.4% market dominance. Its value is tied closely to the Binance ecosystem, where it's used for trading fees, launchpad access, and DeFi services, making it a utility-driven asset.
Sui (SUI): With a market cap of $13.35 billion and ~0.6% dominance, Sui is gaining traction thanks to its high-throughput Layer-1 design and developer activity. Though small in dominance, it's becoming a notable player among newer blockchains.
which scenario do you think will be met first?