BNB’s road to recovery: Can it close the gap on XRP and Solana? – BitRss

• BNB ($681.37)’s impressive 2024 run saw it soar, but with competition thriving, the pressure is mounting for BNB to reclaim its edge.
• Can it achieve a 50% price appreciation and regain its momentum?

Binance Coin [BNB] has fallen 12% since its post-election surge to $793. While many investors have cashed out with profits or broken even, the rest are waiting for a rebound.

But BNB’s recovery may depend on more than just itself.

A fight for dominance

BNB saw remarkable growth in 2024, climbing 134% year-to-date and surpassing a $100 billion market cap for the first time in three years.

However, 2025 kicked off on a bearish note, with the price dropping 12% and market share falling below key levels.

Meanwhile, rivals Ripple [XRP ($3.10)] and Solana [SOL ($249.65)] are off to a flying start. Both smashed psychological barriers, with SOL surging 35% in just four weeks to hit a $125 billion market cap.

Clearly, BNB has a lot of ground to cover. To catch up, it would need a 50% surge in price to surpass SOL’s market cap, double XRP&rsquo…