BNB, Solana Surge Toward $100 Billion Market Cap Amid Fed Policy Shift

In a significant development for the cryptocurrency market, two prominent digital assets, Binance Coin (BNB) and Solana (SOL), are poised to reach a market capitalization of $100 billion by April. This surge comes on the heels of a strong recovery in the cryptocurrency market, with Bitcoin (BTC) rebounding to $88,229 after weeks of uncertainty. The rally is attributed to the Federal Reserve’s decision to keep interest rates steady, coupled with signals of potential rate cuts later this year, which has injected fresh optimism across risk assets.

The dovish policy tilt, combined with a series of positive catalysts ranging from corporate Bitcoin acquisitions to key legal victories, has helped reignite bullish sentiment across the market. As investors assess whether the latest upswing marks the start of a sustained trend or a temporary bounce, several altcoins are gaining momentum. Among the standout performers, BNB and SOL are steadily advancing toward the pivotal $100 billion market cap milestone.

BNB Chain, currently trading at $636.45 with a market cap of $90.68 billion, needs an additional $9.32 billion to reach the significant $100 billion milestone, which translates to approximately a 10.28% increase from its current market cap. The network activity on BNB Chain has shown impressive momentum in recent weeks. On March 23, 2025, daily fees on BNB Chain hit $1.16 million, more than triple Ethereum’s $334,110 in fees, indicating surging on-chain engagement. BNB Chain’s weekly decentralized exchange (DEX) volume has soared to $14.3 billion, outpacing Ethereum’s $9.6 billion, as per DeFiLlama. Meanwhile, the network’s total value locked (TVL) remains solid at $5.58 billion, reflecting growing user activity and liquidity.

Several key catalysts are driving BNB Chain’s growth. The upcoming Lorentz upgrade in April and Maxwell upgrade in June are set to drastically reduce block times to 1.5 seconds and 0.75 seconds, positioning BNB Chain among the fastest blockchain networks. Moreover, BNB Chain’s ecosystem has received a major boost from the launch of USD1, a new stablecoin tested by World Liberty Financial (WLFI) a DeFi project backed by President Trump and his sons on BNB Chain. Complementing these developments, Binance’s 2025 roadmap is accelerating the ecosystem’s expansion, with initiatives focused on memecoin support, AI-powered wallet integrations, and broader DeFi growth. Notably, the integration of AI-powered agents into Binance’s wallets is enhancing user accessibility and experience, driving further adoption and solidifying BNB Chain’s upward trajectory.

Solana, currently trading at $142.45 with a market cap of $72.84 billion, needs to gain approximately $27.16 billion to hit the crucial $100 billion market cap milestone, representing a 37.3% increase from current levels. Several bullish catalysts suggest that this target is well within reach. One of the biggest drivers fueling Solana’s momentum is the rising anticipation of a Solana spot ETF approval. According to Polymarket, users predict a 77% chance that a SOL ETF will be approved this year. Adding to the optimism, CME Group launched Solana futures on March 17, signaling growing institutional interest, while Franklin Templeton has filed to launch a spot Solana ETF, further strengthening Solana’s standing among institutional players.

Moreover, Solana’s derivatives and on-chain metrics paint a bullish picture. In the past 24 hours, SOL’s trading volume surged by 125.21% to $10.66 billion, with open interest up 15.73% at $5.24 billion, showing rising market engagement. The options volume spiked by 251.91%, while long/short ratios across platforms like Binance and OKX heavily favor longs, indicating traders are positioning for further upside. Notably, short liquidations over the past 24 hours totaled $12.34 million, as bearish bets were wiped out. With strong fundamentals, institutional backing, and favorable trader positioning, Solana appears well on track to climb past the $100 billion market cap milestone in the near term.

With ETF anticipation building, institutional interest rising, and increasing on-chain activity, BNB and Solana are on course to surpass the $100 billion market cap milestone by April. This projection isn’t far-fetched, especially considering both assets crossed the $100 billion valuation mark just months ago. A potential breakout of Bitcoin above $100,000 could reignite interest in altcoins, accelerating their growth and pushing them past this critical threshold.