Capital has shifted back to Solana from BNB Chain following significant losses in BNB memecoins, according to recent data. Initially, approximately $100 million moved from Solana to BNB Chain as traders pursued high-yield memecoins. However, with some BNB memecoins plummeting 60–95%, sentiment has reversed, renewing interest in Solana.
The SOL/BNB ratio, which had fallen to 0.17, is now being closely watched, with a potential rise to 0.20 indicating a sustained capital rotation back to Solana. On-chain metrics, such as Debridge flows and PancakeSwap volumes, underscore this shift, as traders seek Solana for a cleaner risk exposure compared to the volatile BNB memecoin market.
BNB Chain Memecoin Losses Drive Capital Back to Solana
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