Solana has sacrificed its place as the fourth-largest cryptocurrency by market cap, after being overtaken by BNB.
The price of Solana (SOL) cooled in the days following Christmas after an impressive 120% monthly rally in December that saw its market cap grow larger than that of Binance’s BNB (BNB).
The retrace saw Solana’s price fall below $100 before spending several hours at pre-holiday prices just above $101.
At the time of publication, Solana is changing hands for $105, still down roughly 14% from its yearly high of $123, which it notched on Dec. 26, per TradingView data.
