and Solana have been trading blows for the best part of the last 24 hours. More specifically, the two have been competing against each other for market cap dominance.position in the rankings. This transpired within the market cap range of $85.5 billion and $85.7 billion. At press time, however, BNB had again managed to secure the lead after pushing above $90 billion.
For example – Solana transactions registered healthy growth over the last 4 weeks. The highest daily transaction count over the same period was 46.83 million transactions on 24 July.However, transactions on Solana slid slightly from their peak, dropping to 42.21 million at press time. For its part, BNB chain has taken note of this and intensified its push into the memecoins sector. In fact, it recently ramped up efforts to promote its memecoins, notably, Catcoin and WHY.