BNB hits new highs, overtaking XRP and USDT | Credit: Derek Fenech
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Key Takeaways
BNB surpasses XRP and USDT, becoming the third-largest cryptocurrency.
The price hit a new all-time high of $1,319 amid ecosystem growth.
Indicators reveal that BNB’s price might inch closer to $2,000.
For the first time in many months, BNB has overtaken both XRP and Tether (USDT) to become the third-largest cryptocurrency by market capitalization, trailing only behind Bitcoin (BTC) and Ethereum (ETH).
This milestone comes as BNB’s price skyrocketed to a new all-time high of $1,319. Following this move, there have been calls for a market top.
However, analysis of the coin shows that it can still go higher before the market falls into a bear phase.
BNB Surges Past XRP, USDT
At the time of writing, BNB’s market capitalization stands at $183.98 billion, edging out XRP’s $177.95 billion and USDT’s $177.53 billion.
For context, market capitalization is calculated by multiplying a cryptocurrency’s current price by its circulating supply. Hence, this ranking means that BNB’s price has outperformed XRP despite having a lower circulating supply than USDT.
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Furthermore, BNB’s rise can also be attributed to a mix of fundamental strength and ecosystem expansion. The coin continues to benefit from sustained activity across the BNB Chain, record-high DEX volumes, and rising attention on Binance-backed projects such as Aster (ASTER).
BNB vs. XRP vs. USDT Market Cap | Credit: Santiment
Breakout Remains Strong
From a technical standpoint, BNB’s chart paints a distinctly bullish picture.
The altcoin has now printed three consecutive green histogram bars.
A deeper look reveals that BNB’s latest all-time high breakout happened after the token pierced through the upper trendline of a symmetrical triangle.
This breakout confirms strong trend strength and the possibility of extended upswing movement if buying pressure persists.
In addition, the short-term Exponential Moving Average (EMA) has crossed above the long-term one. Specifically, the 50 EMA (blue) has surged past the 200 EMA (yellow), indicating that the value may continue to rise.
Furthermore, BNB’s price currently trades above both EMAs, reinforcing that the broader trend remains bullish.
This position indicates strong support below the current price, suggesting that short-term pullbacks could be opportunities for another leg higher.
BNB Price Prediction: Stunning Run Not Over
On the daily chart, BNB continues to display impressive strength.
The altcoin has been consistently printing higher lows. At the same time, the Chaikin Money Flow (CMF) remains above the zero signal line, indicating that buying pressure is dominant.
In addition, the dots of the Parabolic Stop and Reverse (SAR) indicator are positioned below the price. When the SAR dots appear below the candles, it signals that momentum favors the bulls and that the ongoing rally could extend further.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.
With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.
He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.
In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.
At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.
He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.
