SOL token surpasses Binance’s BNB token to claim the position of the fourth-largest cryptocurrency by total capitalization. SOL witnessed a remarkable price surge of 22% within 7 hours, reaching $116. Solana TVL reached $1.92B on Wednesday, over 500% in appreciation since Oct. 2023. This development comes despite the network experiencing an outage on Feb. 6, which was attributed to a bug that caused transactions to enter an infinite loop.
Source: Jose Oramas, 2024-02-15; https://cryptopotato.com/solana-sol-price-skyrockets-22-weekly-achieving-a-massive-milestone/