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Binance Coin (BNB) fell to 13% in less than a month after reaching a market cap of $ 100 billion, allowing Solana (salt) to take its place.
Now it is only 10% compared to the price of opening the day, with large gains that have already been achieved. Does this mark the beginning of a fresh bull cycle, with a new capital that enters Altcoin?
Just a week ago, the BNB crashed to $ 500, marking its sharpest drop in months and wiping out its one after the election at $ 793. But in a quick turnaround, Altcoin rejected 30%in just a week.
Source: TraringView (BNB/USDT)
Since RSI pointed to further upside down and MacD Crossover, which teasing the bull’s breakthrough, BNB recovered a large part of the lost terrain – its market cap increased over $ 90 billion after it briefly fell below $ 75 billion.
This pace, BNB could soon regain its first five placeHe again joined the club of $ 100 billion by breaking down salt.
But with the volume of trading in one session, is this overheating? Maybe it’s too much, too early? Or is this just the beginning of something bigger – what now makes the perfect time to buy “dipping”?
With Momentum Building, the BNB of the next big test is $ 650 – it breaks over it, and $ 700 could be at your fingertips. But if $ 620 fails to keep, a drop in $ 560, a strong support zone, it could be on the table.
Which scenario is more likely?
The latest spike and the Green BNB/BTC pair suggest that customers walk, turning capital away from Bitcoin (BTC) to Binance Coin – Bikovo Sign, especially with Bitcoin’s dominance that is held stable.
Source: Santiment
Read Binance Coin Price Predictions (BNB) 2024–2025
Given this setting, the $ 650 goal does not look far, but overheating could stop the rally. If the momentum works too hot, BNB may need another “immerse” before making a real push for $ 700.
In the meantime, salt holds a strong over $ 200, which signaled the buildup. When salt/btc gets attraction, it could be a key metric to be careful when you decide whether BNB is a better role to move forward.