Solana retraces back to pre-Xmas prices as BNB retakes 4th spot

Solana has lost its place as the fourth-largest cryptocurrency by market cap after being overtaken by BNB.

The price of Solana’s (SOL) token cooled in the days after Christmas despite 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, down roughly 14% from its yearly high of $123, which it notched on Dec. 26, according to TradingView data.

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Source: https://cointelegraph.com/news/solana-price-falls-christmas-levels-binance-bnb-climbs