Binance Coin (BNB) has overtaken XRP to become the third-largest cryptocurrency by market capitalization, driven by a strong rally that pushed its price to an all-time high near $1,293.
This surge marks a decisive shift in market momentum as BNB continues to extend its dominance while XRP remains in a sideways consolidation.
At the time of writing, BNB is trading at $1,291.95, up nearly 6% in the past 24 hours and more than 28% in the past week. Its market cap rose to about $179.8 billion, narrowly surpassing XRP’s $178.3 billion. This change highlights the growing confidence of investors in the Binance ecosystem and the token’s growing utility in decentralized finance and exchange operations.
On the technical side, BNB’s daily chart shows a strong uptrend with consistent new highs and lows since late August. The Relative Strength Index (RSI) has risen above 78, indicating overbought conditions, but sustained buying pressure suggests bulls are still firmly in control.
On the other hand, the momentum of XRP has cooled down. The token is trading at around $2.97, with occasional upswings, but day-to-day fluctuations are small and follow-through is limited. RSI levels near 52 indicate neutrality and reflect indecision among traders after a volatile summer rally.
The contrasting performance of the two coins highlights broader rotation within the crypto market as capital flows to assets that exhibit stronger technical setups and utility associated with exchanges. Binance Coin has now regained its long-held position above XRP, and all eyes are on whether this outperformance can continue, or whether profit-taking could slow BNB’s rise in the coming days.
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