Binance Coin [BNB]從Solana恢復了第五大加密貨幣位置

Binance Coin [BNB]在收回了排名排行榜上第五大加密貨幣位置後，今天就在新聞中。

Binance Coin [BNB] made headlines today as it reclaimed its position as the fifth-largest cryptocurrency on the rankings charts, flipping Solana in the process. According to CryptoQuant, this shift was driven by the memecoin mania, which moved from Solana to BNB Chain.

Binance Coin [BNB]今天成為頭條新聞，因為它在排名排行榜上恢復了第五大加密貨幣的地位，在此過程中翻轉了Solana。據隱式量，這種轉變是由Memecoin Mania驅動的，後者從Solana轉移到BNB鏈。

"BNB flipped SOL. Memecoin momentum has shifted to BNB Chain, pushing its market cap back into the top five at $91B. SOL now trails at $73B."

“ BNB翻轉Sol。MemecoinMomentum已轉移到BNB連鎖店，將其市值推向了前五名，價格為91B美元。現在Sol Trails tabls tables售價為73B美元。”

This shift happened in mid-February, right after the LIBRA memecoin saga and market manipulation revelations, as pointed out by CryptoQuant.

這種轉變發生在2月中旬，正如《隱藏量》指出的那樣，天秤座的memecoin傳奇和市場操縱啟示之後。

As a result, memecoin traction dropped significantly on Solana. In fact, its DEX volumes later tanked by 60%, with notable declines across Pump.fun and Raydium ecosystems.

結果，Memecoin牽引力在Solana上顯著下降。實際上，它的DEX量後來降低了60％，在Pump.Fun和Raydium生態系統中顯著下降。

SOL vs BNB traction

SOL與BNB牽引力

The changes in DEX (decentralized exchanges) trading volumes also captured the shift. Over the past three months, Solana's DEX volumes fell from a record high of $30 billion to $1.4 billion - a 95% decline.

DEX（分散交易所）交易量的變化也捕獲了這一轉變。在過去的三個月中，Solana的DEX量從創紀錄的300億美元下降到14億美元，下降了95％。

According to Artemis data, this was a drop in DEX volumes of around 50% on a 3-month adjusted basis, compared to BNB Chain's slight pump of 4%.

根據Artemis數據，與BNB鏈的輕微泵為4％相比，這是3個月調整後的DEX量下降約50％。

Simply put, right now, there is relatively more speculative interest in the BNB chain, than in Solana. Interestingly, this also allowed the BNB chain to collect more fees than Solana over the same period.

簡而言之，現在，BNB鏈中比Solana更具投機性的興趣。有趣的是，這也允許BNB鏈在同一時期收取比Solana更多的費用。

According to Artemis, fees for the BNB chain averaged $1.17M over the past three months - a 171% surge. On the contrary, for Solana, the fees were down 63% and averaged $1.16M. Put differently, the BNB Chain has enjoyed more traction in late Q1 of 2025.

根據Artemis的說法，BNB連鎖店的費用在過去三個月中平均為117萬美元，增長了171％。相反，對於Solana而言，費用下跌了63％，平均為116萬美元。換句話說，BNB連鎖店在2025年代後期享有更多的牽引力。

However, Solana still has a higher daily active address count (around 4M), compared to BNB Chain's 1.6 M. As such, Solana could reclaim its spot as 'home of memecoins' if the broader market sentiment improves.

但是，與BNB連鎖店的1.6 M相比，Solana仍然具有較高的每日活動地址數量（約400萬）。因此，如果更廣泛的市場情緒改善，Solana可以將其作為“ Memecoins的故鄉”。

From an investors' returns perspective, BNB holders are now better off than their SOL counterparts. In 2025, the SOL/BNB ratio dropped by over 50% on the charts.

從投資者的回報角度來看，BNB持有人現在比Sol同行更好。在2025年，圖表上的SOL/BNB比下降了50％以上。

This ratio tracks SOL's relative price performance to BNB. A decline would mean SOL underperformed BNB, while a rally would suggest the opposite.

該比率跟踪SOL與BNB的相對價格性能。下降將意味著SOL表現不佳的BNB，而集會則表明相反。

The 50% decline meant that SOL holders lost almost half their capital value, compared to BNB holders.

50％的下降意味著與BNB持有人相比，Sol持有人幾乎損失了其資本價值的一半。

Worth noting, however, that the SOL/BNB ratio is at the range-low of a multi-month channel right now. Hence, a rebound and SOL potentially regaining ground against BNB cannot be overruled just yet.

但是，值得注意的是，SOL/BNB比率目前處於多個月通道的範圍。因此，尚無法否決反對BNB的反彈和SOL潛在地奪回基地。