BNB Overtakes XRP as Third Largest Cryptocurrency

BNB surpassed XRP to become the third-largest cryptocurrency by market cap on October 8, 2025, reaching a value of approximately $182.6 billion.

This shift highlights BNBโ€™s expanding utility and investor interest, potentially altering altcoin market dynamics and increasing attention from traders.

BNBโ€™s market capital increase highlights its potential as a formidable player in the cryptocurrency ecosystem.

The rapid growth of BNB challenges established cryptocurrencies like XRP and points towards increasing investor interest and market repositioning.

BNB Market Cap Reaches $182.6 Billion

The cryptocurrency BNB has surpassed XRP in market capitalization, reaching approximately $182.6 billion. This shift positions BNB as the third-largest cryptocurrency, following Bitcoin and Ethereum.

The change stems from BNBโ€™s growing popularity and utility on the Binance platform, reinforced by its reported $4.5 billion in total value locked on the BNB Chain. Changpeng Zhao (CZ), Founder & CEO, Binance, stated, โ€œBNB [has now] surpassed XRP as the third-largest cryptocurrency by market capitalization.โ€

BNBโ€™s Rise Spurs Investor Interest

The overtaking of XRP by BNB prompts a potential shift in investor attention within the cryptocurrency ecosystem. It highlights BNBโ€™s increased adoption and institutional interest.

Industry experts suggest that this shift could bolster liquidity and developer interest in BNB-related projects, despite no official responses from XRP leadership.

BNBโ€™s Strengthened Fundamentals Explained

Historically, the crypto market has witnessed similar changes, such as Solana and Cardanoโ€™s earlier rank movements. These events often lead to increased media attention.

Experts from Kanalcoin note that BNBโ€™s strengthened fundamentals, including its dual burn mechanism, may sustain its new position in the cryptocurrency rankings. YZi Labs, Venture Capital Firm, noted, โ€œBNBโ€™s essentials remain built for mass adoption, with expanding on-chain momentum, broad staking utility, deflationary tokenomics, and low transaction costs.โ€

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