Binance Coin [BNB]从Solana恢复了第五大加密货币位置

Binance Coin [BNB]在收回了排名排行榜上第五大加密货币位置后，今天就在新闻中。

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]今天成为头条新闻，因为它在排名排行榜上恢复了第五大加密货币的地位，在此过程中翻转了Solana。据隐式量，这种转变是由Memecoin Mania驱动的，后者从Solana转移到BNB链。

"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翻转Sol。MemecoinMomentum已转移到BNB连锁店，将其市值推向了前五名，价格为91B美元。现在Sol Trails tabls tables售价为73B美元。”

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

这种转变发生在2月中旬，正如《隐藏量》指出的那样，天秤座的memecoin传奇和市场操纵启示之后。

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.

结果，Memecoin牵引力在Solana上显着下降。实际上，它的DEX量后来降低了60％，在Pump.Fun和Raydium生态系统中显着下降。

SOL vs BNB traction

SOL与BNB牵引力

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）交易量的变化也捕获了这一转变。在过去的三个月中，Solana的DEX量从创纪录的300亿美元下降到14亿美元，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%.

根据Artemis数据，与BNB链的轻微泵为4％相比，这是3个月调整后的DEX量下降约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.

简而言之，现在，BNB链中比Solana更具投机性的兴趣。有趣的是，这也允许BNB链在同一时期收取比Solana更多的费用。

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.

根据Artemis的说法，BNB连锁店的费用在过去三个月中平均为117万美元，增长了171％。相反，对于Solana而言，费用下跌了63％，平均为116万美元。换句话说，BNB连锁店在2025年代后期享有更多的牵引力。

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，与BNB连锁店的1.6 M相比，Solana仍然具有较高的每日活动地址数量（约400万）。因此，如果更广泛的市场情绪改善，Solana可以将其作为“ Memecoins的故乡”。

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.

从投资者的回报角度来看，BNB持有人现在比Sol同行更好。在2025年，图表上的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.

该比率跟踪SOL与BNB的相对价格性能。下降将意味着SOL表现不佳的BNB，而集会则表明相反。

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

50％的下降意味着与BNB持有人相比，Sol持有人几乎损失了其资本价值的一半。

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比率目前处于多个月通道的范围。因此，尚无法否决反对BNB的反弹和SOL潜在地夺回基地。