BNB flips XRP market cap: What this means for third largest cryptocurrency

The $BNB market cap broke $180 billion, surpassing both Tether and $XRP, but can its dominance continue?

In a move that shook up crypto rankings, $BNB has overtaken $XRP in market cap. On Tuesday, Oct. 7, $BNB reached an all-time high of $1,336.57, positioning itself as the third-largest crypto asset, overtaking both $XRP and Tether’s $USDT.

As $BNB started flipping $XRP, market momentum took over for both coins. While $BNB registered a 5.35% daily gain, $XRP fell by 4.59%. At its height, $BNB’s market cap reached $185 billion before stabilizing at $180 billion. This level puts it above $XRP’s market cap of $173 billion.

Now, traders are asking whether this positioning will continue, or whether the recent $BNB rally is a fakeout fueled by speculation.

Will $BNB market cap surpass $XRP in the long run?

For one, $BNB’s recent rally has strong support behind it, both in terms of on-chain metrics and price charts. In the past few days, the token held steady above the $1,200 support, as well as key moving averages. This indicates that buyers are still in the driver’s seat.

At the same time, $XRP stayed below the crucial $3 resistance level. Moreover, given $BNB’s rally, $XRP will need its most bullish case to flip $BNB again. Still, some experts believe that $XRP has a springboard ahead if it manages to reverse the recent decline.

“$XRP is also interesting to watch right now, as it keeps testing the structural $3.00 ceiling, and breaking the $3.10–$3.20 range with strong volume would clear immediate resistance and open a move toward $3.30–$3.50,” Arthur Azizov, Founder and Investor at B2 Ventures told crypto.news.

In any case, $BNB could also see a minor correction. While most signals lean bullish, the Relative Strength Index at 77.38 indicates slightly overbought conditions.