Tuesday, 02 January 2024 12:17 GMT

XRP Surge Flips BNB For Number 4 Spot


(MENAFN- eTrendy Stock) XRP delivered strong gains on March 17, 2026, rising nearly 3 percent to trade around $1.52 while some exchanges recorded intraday highs above $1.60 during the session.

These advances drove the token's market capitalization past $92 billion and enabled it to flip BNB, securing the fourth position among all cryptocurrencies.

Price Action and Breakout Momentum

The token broke through key resistance levels near $1.39 to $1.45 earlier in the month and sustained upward pressure as trading volume spiked sharply, with increases reported above 100 percent in several intervals.

Live data places XRP between $1.50 and $1.52 for much of the day, while records show the 24-hour high reached $1.6014. This movement formed part of a broader recovery in the cryptocurrency market, with weekly gains approaching 11 percent according to multiple trackers.

Market Cap Shift Confirmed

These price gains pushed XRP's market capitalization to approximately $92 billion to $93.4 billion based on a circulating supply of roughly 61.22 billion tokens.

The surge allowed the asset to overtake BNB and claim fourth place in overall rankings. Primary data from CoinMarketCap and CoinGecko both confirm XRP at No. 4 with a valuation near $92.25 billion and BNB now in fifth place slightly below that figure.

Key Drivers and Outlook

Heightened on-chain activity on the XRP Ledger, along with positive developments tied to Ripple such as progress on its RLUSD stablecoin, contributed to the optimistic sentiment. Rising open interest in derivatives markets added further support during the session.

XRP now ranks directly behind Bitcoin, Ethereum, and Tether by market capitalization. Although the flip over BNB marks a notable achievement, cryptocurrency prices remain highly volatile.

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