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Stock impact report

Better Crypto to Buy and Hold: Solana vs. BNB [Yahoo! Finance]

Nano Labs Ltd - Class A Ordinary Shares (NA) 
Company Research Source: Yahoo! Finance
Solana is faster, but its ecosystem is smaller and its supply is rising. BNB is reducing its supply, and it's supported by a bigger ecosystem. 10 stocks we like better than Solana › Solana (CRYPTO: SOL) and Binance Coin (CRYPTO: BNB) are both volatile cryptocurrencies, but they generated big gains for their patient investors. Over the past five years, Solana's price has surged more than 8,600% as BNB's price soared over 3,600%. During that same period, Bitcoin 's (CRYPTO: BTC) price only rose by about 860%. Let's see why these two smaller tokens outperformed the world's top cryptocurrency -- and which one is a better buy right now. The differences between Solana and BNB Unlike Bitcoin, which is still mined using the energy-intensive proof-of-work ( PoW ) mechanism, Solana and BNB were built on more energy-efficient proof-of-stake ( PoS ) blockchains. PoS tokens can't be mined, but they can be staked (locked up) for interest-like rewards. PoS blockchains also support smart c Show less Read more
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