Binance Square, highlights Solana ($SOL) as the currently trending coin due to a combination of factors:

Technical Momentum: $SOL has broken key resistance levels with a significant increase in trading volume on Binance, suggesting a strong bullish trend and causing FOMO among traders.

Ecosystem Activity: The network is seeing a boom in activity, driven by new meme coin launches, the expansion of DeFi and NFTs that leverage Solana's low fees and high throughput, and general mass adoption narratives.

Institutional Interest: Growing institutional confidence is evidenced by the strong performance and increasing assets in Solana ETPs/ETFs, positioning $SOL as a major competitor to Ethereum in institutional discussions.$SOL

SOL

89.95

-7.67%