BNB Flips XRP and Tether to Become World’s 3 Cryptocurrency.

BNB Surpasses XRP and Tether Amid Surging Market Momentum

Binance (BNB) has overtaken XRP and USDT to become the world’s third-largest cryptocurrency by market capitalization. The token’s strong rally pushed prices to a record high near $1,295, marking a key moment for the Binance ecosystem. This milestone highlights the increase in investor confidence and growing functionality in Binance DeFi and exchange business.

BNB Price Surge and Expanding Market Leadership

The momentum of Binance is still growing. The token had almost increased by 6% in 24 hours or more than 30% in the last 7 days. It had a market capitalization of approximately $179.8 billion compared to XRP with a market capitalization of $178 billion and Tether with a market capitalization of $177.5 billion. 

The trading volume increased to 6.72 billion with a rise of 54.7,6, indicating increased participation in the markets and confidence by the investors.

Another motivation has been institutional interest. Recently, a Nasdaq-traded company, Black Titan Corp, announced it had a crypto treasury strategy focused on BNB, which is based on the increasing corporate interest. 

Analysts credit the rise of Binance to increased applications, such as staking, gas charges, and DeFi connections. The rally is also in line with a markets wide bullish trend in the crypto market, which has now reached a value of more than 4.23 trillion.

BNB Chain Activity and Network Expansion

In addition to gaining prices, the network bases of BNB are becoming stronger at a very high rate. Binance Chain is the most-used blockchain in terms of active addresses to date, passing Ethereum and Solana. 

The chain has more than 60 million monthly active users, which is 200% higher than the year-to-year. Its total value locked (TVL) has risen to $8.69 billion the highest it has been since May 2022.

One of the most popular decentralized applications on the network Aster Protocol has contributed significantly to this increase. The growth in its TVL by 570% to $2.34 billion was due to the explosion of non-centralized trading and lending. These numbers support the increasing position of Binance in facilitating blockchain use and liquidity.

The greater crypto markets is on the positive side. Bitcoin is trading at more than $124,000, and Ethereum is trading at around $4,600. XRP is at $2.97, and with average increases, it has retained a market cap of 178.3 billion. In the meantime, Tether maintains a price of $1.00.

The fact that BNB has been continuing its upward trend and growing ecosystem is an indicator of a dramatic change in the market dynamics, making the Coin a long-term dominant force within the digital asset sector.

How High Can Binance Coin Price Go?

The price of BNB was at 1291.57 with a very significant increase of 3.28% in the past 24 hours.

The Coin maintained its growth, and it stood steady in the $1,200 support area. There has been recent momentum that has moved the token in the direction of the $1,300 resistance zone, and this is an indication of the high levels of bullish traders.

Source: BNB/USD 4-hour chart: Tradingview

The technical indicators point to the possibility of the continuation of the bullish trend as long as the present momentum is maintained. 

The Moving Average Convergence Divergence (MACD) lines are not crossing the zero line, which indicates that there is still a show of buying pressure. The blue MACD line also remains above the signal line, further confirming the argument of further upward movement.

In the meantime, the Relative Strength Index (RSI) has reached the overbought area, as it is 82.93.