Bitcoin’s climbing to 88 thousand dollars, re -established the environment of trust in the market. In particular, interest rates remain constant and possible discount signals towards the end of the year revived the risk appetite of investors. This optimistic air emphasizes some Altcoin projects. Especially two crypto currencies are very close to reaching a market value of $ 100 billion in April. As Kriptokoin.com, we examine the details.
The first Altcoin on the list ”BNB”
BNB is currently trading at $ 636. The market value has exceeded $ 90 billion. This means that the BNB needs only an increase of 10 %to reach $ 100 billion. Although this goal sounds close to the ear, the technical and community support behind it makes this possibility quite strong.
Especially the transaction fees on BNB Chain have increased significantly in recent days. In the last week of March, daily transaction fees increased over $ 1 million. On the same day, Ethereum remained at only $ 330 thousand. In addition, BNB Chain’s decentralized stock market (Dex) volume exceeded $ 14 billion and riveted the leadership. With the Lorentz update, which will be implemented in April, block times will shorten, which will significantly improve the user experience.
Another Altcoin on the list “Solana”
Solana has a market value of $ 72 billion at a price of $ 142. A rise of approximately 38 %is required to reach $ 100 billion. However, this target is not far from at all. In particular, ETF rumors began to reflect positively on the left price. Data on Polymarket show 77 %of a solana Spot ETF approval this year.
In addition, CME Group’s initiation of left -term operations and Franklin Templeton’s application for Spot ETF increases the institutional interest in Solana. The increase in the transaction volume of more than 120 %in the last 24 hours, the large liquidation of short positions and the rise in the open position volume shows that Solana can test much higher levels in the coming weeks.
Will the rise continue?
Winds throughout the market are working in a positive way, while projects with strong foundations such as BNB and Solana stand out. Both coins managed to overcome the $ 100 billion in the past, albeit for a short time. Now a similar scenario may be returning with a more permanent structure.
If Bitcoin approaches $ 100,000, the psychological border, a new spring may be experienced in the Altcoin market. All signs indicate that BNB and Solana can overcome this critical level in April. It is useful to carefully monitor investors in the coming weeks.
