In the cryptocurrency market, certain milestones hold significant importance, and market capitalization is one of them. Different cryptocurrencies have different market cap targets, ranging from $1 billion to $100 billion. For high-volume altcoins, the $100 billion mark is a notable milestone. Considering the all-time highs achieved by cryptocurrencies, the importance of these levels is evident. The top 5 altcoins are under scrutiny, and two of them, BNB and Solana, are closer to achieving this milestone than their competitors.

BNB, the native token of Binance, the world's largest exchange by volume, is rapidly approaching the $100 billion market cap level. This progress is parallel to the growth of the Binance exchange. Currently, BNB has a market value of $86 billion and is trading at $586. The recent update on the BNB Chain, BEP 336, has reduced transaction fees by 90%, indicating the potential for further growth. Despite a recent decline, the BNB price has remained above $560 and could rise to $617 and even $722 if the bulls push the price up.

Solana, which has experienced significant volatility, has a market cap of $61.8 billion and is trading at $131.16. Despite its volatile nature, Solana has substantial investor support and has recently seen the emergence of meme coins on its ecosystem. The first official Solana ETF application in Canada has also brought Solana to the forefront. If Solana rises again, it could reach the $176 level, indicating a solid price recovery. With increased confidence and potential institutional investor support, Solana could reach the $100 billion market cap milestone.

The progress of BNB and Solana towards the $100 billion market cap level is noteworthy, and their potential growth could have a significant impact on the cryptocurrency market. As the market continues to evolve, it is essential to monitor the progress of these altcoins and their potential to achieve this milestone.

In conclusion, BNB and Solana are approaching significant market cap milestones, and their progress is worth monitoring. The growth of these altcoins could have a substantial impact on the cryptocurrency market, and their potential to achieve the $100 billion market cap level is a notable development in the market.