Only a day after flipping XRP, SOL has beat BNB in market cap following an 18% surge over the past 24 hours.
A strong 18% surge in the price of Solana (SOL) over the past 24 hours has boosted the cryptocurrency to the fourth spot in market capitalization — the first time it’s done so in over two years.
The latest surge catapulted Solana’s market cap to $41.9 billion, overtaking Binance Chain’s BNB (BNB) market cap of $41.8 billion. SOL is currently priced at $98.40, up 18% on the day.
Only a day earlier, on Dec. 21, Solana had surpassed XRP (XRP) in market capitalization.