Looking at SOLBNB, I think Solana has a chance of exceeding BNB marketcap as many folks onboard to Binance, buying BNB for lower trading fees as they chase Solana. A simplistic area for the peak of that overtake in this bull run is the 1.618 fibonacci.
The $SOL valuation then, will be based on how far we think $BNB can run.
The $SOL valuation then, will be based on how far we think $BNB can run.