The BNB crypto price has officially blasted past the $1,000 mark, flipping Solana and sparking excitement memecoin scene on BSC. This milestone is backed by hard data. As of today, the BNB crypto price sits near $1,015, while Bitcoin holds firm at $116K following the Fed’s 25bps rate cut. Combined with a 148% daily surge in BSC-based crypto memecoin volumes, this feels like the early stirrings of a serious market rotation.
Make no mistake, BNB crypto price rally is a signal. BNB’s current $138B market cap has now edged out Solana’s $134B, according to CoinGecko, reclaiming its #5 spot.
(source – CoinGecko)
While both chains face critiques around decentralization, BSC’s 21 validators vs. Solana’s frequent outages, the reality is, BSC is simply working better right now. DeFiLlama shows BSC’s TVL at $7.9B, up 2.69% daily, while Solana gains just 0.99%. That’s a clear sign of strength.
(source – BSC TVL, DefiLlama)
The BNB crypto price move also mirrors its 2021 cycle, when it tripled post-ATH thanks to token burns and Binance’s aggressive expansion. Now, with Binance potentially wrapping up its DOJ oversight, there’s real momentum.
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BNB Crypto Price Hits $1K While BSC Outpaces Solana in Real Usage as Memecoin Hype Returns
The supply squeeze is not a joke, with 139 million cpp_widget coin=”bnb” cta_text=”Buy with Best Wallet” cta_link=”https://99bitcoins.com/goto/bestwallet”] currently in circulation, every quarter, more supply disappears. It’s a formula that Solana’s ecosystem hasn’t replicated. And, institutions favor predictability, something that BSC offers.
We’re seeing a wave of crypto memecoin action on BSC. Coins like Broccoli and Four have run overnight, riding a fresh memecoin narrative powered by low fees and BNB’s all-time high.
(source – Broccoli, CoinGecko)
Daily volume on BSC has crossed $2.5B, a clear sign of real capital movement. Per CoinGlass, more than $11M in BNB short positions were rekt overnight, and Fear & Greed is now hovering at neutral, a perfect setup for the next leg.
(source – Coinglass)
The bottom line? September looks bullish. The Fed cut opens the liquidity floodgates, and with BNB crypto leading in price, the BSC crypto memecoin cycle could come back this year.
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Will MYX Finance or Toshi Crypto Land in New Coinbase Listings?
Every trader loves the thrill of new Coinbase listings, and this week’s chatter has two names on everyone’s radar: MYX Finance and Toshi Crypto. Both projects have been gaining traction on decentralized exchanges, sparking FOMO as traders speculate which one might score a coveted spot on Coinbase’s next crypto announcement list.
Historically, Coinbase listings have triggered massive pumps, with tokens often spiking 50-100% within hours as retail traders rush in. Could MYX Finance or Toshi Crypto be the next breakout tokens to ride this wave?
Read the full story here.
The post Latest Crypto Market News Today, September 18: BNB Overtakes Solana as It Blasts Four-Digits 1K USD Price All-Time High, BSC Crypto Memecoin Season Coming? appeared first on 99Bitcoins.
