HomeCrypto NewsMarketXRP Surpasses $93B Market Cap, Overtakes BNB, Rises 9.85% in 7 Days

XRP Surpasses $93B Market Cap, Overtakes BNB, Rises 9.85% in 7 Days

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XRP has regained strong momentum, reclaiming a market capitalization above $90 billion and surpassing BNB to rank fourth globally.ย 

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Notably, this renewed strength has boosted investor sentiment, as XRP reclaimed the key $1.5 psychological level and recovered ground lost during the market downturn in February.

Key Points

  • XRP has surged over 9% in the past week, pushing its market cap back above $90 billion.
  • It has also surpassed BNB to become the fourth-largest cryptocurrency globally.
  • XRP now holds a market cap of $93.72 billion, ahead of BNB at $92 billion.
  • Factors such as declining exchange supply may have supported XRPโ€™s recent rebound.

XRP Reclaims $90B Market Cap

This week, XRP staged a strong comeback, benefiting from a broader crypto market recovery that has lifted major assets. Notably, the token has gained more than 9.2% on the weekly timeframe, reversing earlier losses that had pushed its market cap down to around $73 billion in February.

As momentum accelerated, XRP broke above the $90 billion threshold, a level it last held in mid-February. At press time, its market cap stands at approximately $92.7 billion, reinforcing its position as a leading digital asset.

XRP Overtakes BNB to Become Fourth-Largest Token

Moreover, the rally has pushed XRP ahead of BNB, which had maintained the fourth position since last month. This shift underscores XRPโ€™s competitive strength within the crypto market.

However, the margin remains tight. XRP currently holds a valuation of about $93.72 billion, while BNB closely follows at roughly $92 billion, now ranking fifth globally.

XRP Reclaims $90B Market Cap
XRP Reclaims $90B Market Cap

Overall, XRPโ€™s latest performance highlights its resilience and ability to capitalize on improving market conditions, positioning it for further upside if bullish momentum continues.

At the time of writing, XRP trades around $1.53, reflecting a 24-hour gain of 3%, while 9.85% in 7 days. It also stands out as the top gainer among the five largest crypto assets by market cap. In addition, trading activity has surged significantly, with volume jumping 91.33% to approximately $5.19 billion, signaling heightened market participation.

Potential Catalysts Behind XRP Rally

Several underlying factors have supported XRPโ€™s recent surge. Notably, the token’s supply on Binance declined sharply, a sign that often precedes price increases as demand rises.

Furthermore, institutional demand has strengthened through XRP ETFs. According to data from SoSoValue, inflows into XRP ETFs total $1.2 billion. Major financial players such as Goldman Sachs and Jane Street are among the largest participants.

At the same time, on-chain activity has accelerated. The XRP Ledger recently recorded approximately 2.7 million daily transactions, highlighting growing network usage and adoption.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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