BNB gains $6B separation, flipping XRP for third spot in market cap rankings

BNB, Binance’s native token, has flipped XRP, becoming the 3rd largest crypto coin in the world by market ￰0￱ token has amassed over $184 billion, a $6 billion separation from the now fourth-largest ￰1￱ has been gaining momentum against XRP in recent months, with the Binance-native token benefiting from increased activity in decentralized exchange operations and broader ecosystem ￰2￱ price has surged over 50% on a monthly ￰3￱ token reached a new all-time high of $1,300 on a price 45% surge in 2025, outpacing XRP’s 27% ￰4￱ shift places BNB behind only Bitcoin and Ethereum in terms of total market value among crypto ￰5￱ Chain surpasses Solana and ￰6￱ performance has been driven by the optimism surrounding BNB ￰7￱ to TokenTerminal and DeFiLlama, BNB Chain has regained its position as the most-used blockchain by active addresses, surpassing Solana and ￰8￱ growth coincides with a massive spike in decentralized trading and lending, particularly on the Aster Protocol , where TVL skyrocketed 570% to $2.34 billion.

Binance’s ongoing attempts to integrate Web3 have also brought users back to the BNB ￰9￱ include its Alpha Points programs, wallet events, and Launchpool ￰10￱ recent drop in the network’s gas fee to 0.05 Gwei has made it easier for developers to join and strengthened user retention. Meanwhile, a deflationary supply model and increasing faith in BNB’s long-term utility have institutional investors continuing to pile it ￰11￱ regional investment funds have also included BNB in their digital asset ￰12￱ funds are based in Kazakhstan and Southeast Asia, among other regions. Meanwhile, the total crypto market cap has now reached $4.23 trillion, with Bitcoin’s dominance at 58.3% and BNB strengthening as a key altcoin ￰13￱ coin is trading at $1,322, up 7% in the last 24 ￰14￱ that end, Changpeng Zhao, also known as CZ, is taking home quite a ￰15￱ to Forbes, he is now the 21st-richest person on the planet with a net worth of almost $90 ￰16￱ drops 2% amid whale selling As the broader crypto market sees small gains, XRP is heading in the opposite ￰17￱ was largely triggered by a Ripple treasury transfer of 200 million XRP, worth approximately $610 million, on October 6. #Ripple keeps making BIG moves💥 200,000,000 $XRP ($610M) transferred from @Ripple to unknown wallet 📲 ￰18￱ — XRP Update (@XrpUdate) October 6, 2025 Such movements are often presented as liquidity management, but the market typically interprets them as OTC dump signals, especially with XRP already facing resistance at $3.10.

Whale behavior confirmed this view, with over $300M in XRP disposals recorded during the ￰19￱ there is a short-term weakness, all moving averages remain ￰20￱ shows that XRP is still in an accumulation phase, which means that buyers are still supporting the asset above important levels, especially between $2.94 and $2.99. The 20-day EMA has also started to move up, which supports the rising trend. However, the lack of volume at breakout zones shows that traders are hesitant. $2.99 remains the key short-term support, validated by repeated defenses and whale absorption patterns. A break above $3.05 could trigger a bullish continuation, targeting $3.10, followed by $3.40 and $3.66 if the descending triangle pattern is invalidated.

However, failure to hold above $2.94 could lead to further consolidation or downside ￰21￱ are looking out for October 19, which is the SEC ETF deadline, with over 70 crypto ETFs pending, including seven XRP-specific ￰22￱ FOMC meeting is also scheduled for October ￰23￱ have priced a 96% chance of a rate cut, potentially injecting liquidity into risk assets like XRP. Meanwhile, the coin is trading at $2.94, a 1.59% decline in the last 24 ￰24￱ Bybit now and claim a $50 bonus in minutes