BNB Surpasses XRP as Third-Largest Cryptocurrency
- BNB surpasses XRP, gaining the third spot in market cap.
- Ripple experiences a notable position change.
- Institutional activity underscored BNB’s rapid appreciation.
Binance Coin surged past XRP to become the third-largest cryptocurrency by market capitalization in early October 2025.
The shift signals increased institutional interest and positions BNB as a pivotal asset amidst strengthening ties between traditional finance and the cryptocurrency sector.
Binance Coin (BNB) has overtaken XRP to secure the third-largest position in cryptocurrency market capitalizations. This milestone followed a significant price surge in early October 2025, reflecting heightened investor interest and market activity.
Binance Leadership, including Founder Changpeng Zhao and current CEO Richard Teng, is central to this development. Ripple’s key leaders, notably CEO Brad Garlinghouse, have yet to comment on XRP’s displacement by BNB.
The cryptocurrency market saw immediate effects with BNB achieving an all-time high of $1,300. This 45% price increase in 2025 highlights investors’ shifting priorities and growing enthusiasm for Binance’s ecosystem.
As BNB ascends, CeFi financing reached $23.58 billion, indicating stronger ties between traditional finance and cryptocurrency sectors. BNB’s market cap growth also corresponds to a competitive landscape among major altcoins like ETH and BTC.
Market Dynamics and Future Outlook
Institutional interest and market dynamics continue to shape the cryptocurrency hierarchy. As BNB solidifies its new position, regulatory scenarios around digital assets might shift. Investors remain attentive to Binance’s strategic moves and its ecosystem’s capabilities.
Analyses suggest BNB’s price surge could reflect broader market trends and technological advancements. Historical precedents indicate similar effects, where governance tokens like CAKE benefit from increased network attention and liquidity inflows.
“BNB Surpasses XRP to Become the Third-Largest Cryptocurrency by Market Cap.”
