XRP Surpasses BNB in Market Capitalization, Reaches $122.41 Billion
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Market Ranking Shift: XRP has surpassed BNB with a market capitalization of $122.41 billion, positioning itself as the fourth largest cryptocurrency, indicating a strong performance and increased investor confidence in XRP.
- Price Performance: Currently trading at $2.01, XRP has gained 6.65% over the past 24 hours and 9.01% over the past week, demonstrating robust short-term growth momentum that is likely to attract more investor interest.
- Trading Volume Analysis: XRP's 24-hour trading volume reached $4.26 billion, significantly higher than BNB's $2.40 billion, indicating greater market activity and liquidity for XRP, which further drives its market capitalization growth.
- Market Dynamics: While BNB's market cap stands at $120.50 billion with a slight 0.59% increase in the last 24 hours, the widening gap in performance between the two assets reflects a growing preference among investors for XRP over BNB.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
