Crypto Briefing has announced that BNB has surpassed XRP to become the third-largest cryptocurrency by market capitalization. The announcement was made in a report.
According to Crypto Briefing, BNB’s advancement over XRP reflects shifting capital within large-cap tokens as on-chain activity and exchange-linked utility draw flows toward Binance’s ecosystem. This development occurs during a broader crypto upswing characterized by renewed institutional participation and policy tailwinds, particularly in the United States, where a more favorable stance toward digital assets has bolstered risk appetite. These rank changes are significant for market structure: index trackers and mandates tied to top-3 or top-5 crypto baskets may rebalance, reinforcing momentum and liquidity in the newly ascendant asset.
BNB-specific metrics underscore this movement. On October 7, 2025, BNB reached a new all-time high above $1,300 alongside a report indicating that BNB Chain had approximately 58 million monthly active addresses, surpassing rivals as decentralized exchange usage accelerated. Such growth in activity, coupled with price strength, typically expands fully diluted and circulating market values, improving rank stability compared to peers. These quantitative signals align with the observed “flippening” against XRP in spot market capitalization tables.
Macro flows into crypto funds provide external confirmation of risk-on conditions. In the week ending October 4, 2025, global crypto Exchange-Traded Funds (ETFs) recorded a record $5.95 billion of net inflows, with the U.S. contributing roughly $5 billion; bitcoin products led these inflows, but broad-based allocations tend to lift major altcoins through correlation and basket exposure effects. Such fund behavior often precedes or accompanies rank shifts within the top assets as liquidity concentrates in large caps that can absorb new capital efficiently.
