The native token of the smart contract platform Solana, SOL, has been performing strongly in the market, with its price surging 6% over the past week. It is close to overtaking Binance's BNB to become the fourth-largest digital currency by market capitalization. Solana also has a higher total value locked on decentralized finance protocols and a larger number of active addresses compared to BNB. Solana's performance this year has been remarkable, with SOL up over 445% in the last twelve months. It's worth noting that both tokens have different supply mechanics, with BNB having a real-time burning mechanism and Solana having an inflation mechanism.



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