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BNB Surges Past XRP: What Drives Its Rapid Rise?
2025-10-08 12:29:13
Finance
Economy

BNB Surges Past XRP: What Drives Its Rapid Rise?

BNB has recently overtaken XRP to claim the position of the third-largest cryptocurrency by market capitalization, reflecting a notable surge of 28% in value within a week. Currently priced at $1,326, BNB's market cap stands at $182 billion, raising eyebrows among investors regarding the sustainability of this rapid growth.

Despite some concerns about potential price manipulation, the enthusiasm for BNB is palpable, bolstered by consistent upward trends. Meanwhile, XRP experienced a significant spike, reaching over $3 due to a pivotal treasury announcement from VivoPower International.

This development has reinforced XRP's standing in institutional circles, enhancing its adoption. However, both cryptocurrencies face technical indicators suggesting they may be overbought, hinting at the possibility of price corrections in the near future.

The press radar on this topic:

The Street
8. Oktober 2025 um 11:10

XRP breaks above $3 on unexpected treasury announcement

XRP's price surged to over $3 on October 2, with a 24-hour trading volume of over $6.1 billion and market cap of $181.8 billion. The increase is attributed to VivoPower International's treasury announcement, which will use XRP as its core digital asset for scaling operations and paying debt. This move has been seen as lending credibility to XRP with institutions, potentially strengthening adoption. However, momentum indicators show overbought signals, indicating a possible retest of lower supp..
The Street
10. Oktober 2025 um 13:43

BNB flips XRP to become third-largest cryptocurrency

BNB surpassed XRP to become the third-largest cryptocurrency, with a market capitalization of $6.9 billion, while XRP's market capitalization is $6.4 billion. BNB's price has surged over 25% in the past week, hitting a new all-time high of $1,307.30. The crypto market is experiencing a surge, with Bitcoin and Ethereum remaining at the top, despite Binance CEO Changpeng Zhao's recent money-laundering charge.
Cointelegraph.com News
7. Oktober 2025 um 14:06

BNB flips XRP as the third-largest crypto asset by market cap

BNB has surpassed XRP to become the third-largest cryptocurrency by market capitalization, with a 28% increase in market value over the past seven days. Binance's native token traded at $1,326 and had a market cap of $182 billion, according to CoinGecko data. The rapid growth has sparked concerns about potential price manipulation, with some market observers questioning the legitimacy of BNB's gains compared to other cryptocurrencies.
Crypto.news
8. Oktober 2025 um 07:06

BNB price drops under $1,300 amid meme season buzz

The price of Binance Coin (BNB) has dropped below $1,300 after reaching a peak of $1,336 in October. Despite the pullback, BNB remains in bullish territory with a 27% gain over the past week. The token's momentum is being driven by consistent higher highs and higher lows, but technical indicators point to overbought conditions. Meanwhile, meme coins on the BNB Chain are experiencing triple-digit gains, attracting thousands of new traders and fueling enthusiasm for the ecosystem.
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