Can XRP Overtake Binance Chain (BNB)? 'Only' $10 Billion Is Needed

In the cryptocurrency market-cap rankings, $XRP is once again close to Binance Coin ($BNB), with about $10 billion separating the two assets. According to recent market data, $XRP's capitalization is roughly $85 billion, while $BNB's is about $95 billion, though the precise difference varies constantly with prices. As a result, $XRP is now between 10% and 12% behind its bigger competitor.

The gap is narrowing

The gap has already shown how rapidly it can shrink. On September 6, $XRP was valued at $89.3 billion, while $BNB was worth about $100.2 billion. When $XRP was relatively strong earlier in September, the difference had dropped to about $5 billion. The underlying network data of $XRP offers some support for a second attempt.

The volume of payments rose by 26% to 462.9 million $XRP, while payments increased by 33.8% to roughly 827,800. Additionally, there was an 8.8% increase in new accounts and a 1.3% increase in active accounts. There is a significant rebuttal. Successful transactions decreased 37.5%, active users decreased 22.4%, and total transactions decreased 29.1% to 1.8 million.

Activity of $XRP isn't stale

As a result, the network is handling significantly more payment activity without witnessing widespread growth in all activity metrics. Cost is still the deciding factor. After rising from an intraday low of about $1.315, $XRP is now trading close to $1.36.

The token is currently trading around a significant long-term moving average at $1.355, with further dynamic support at $1.336. Additionally, momentum is practically neutral when the RSI is close to 53. If supply stays mostly unchanged, every $0.10 increase in $XRP adds roughly $6.27 billion to its market capitalization, using the approximately 62.74 billion $XRP currently in circulation.

Accordingly, if $BNB's capitalization stayed constant, $XRP would require an additional $0.15–$0.17 per token to eliminate a $10 billion valuation deficit. The catch is in that assumption.

It is not enough for $XRP to just rise; it must surpass $BNB. While concurrent $BNB appreciation would raise the target, a recovery through $1.45 and toward the August $1.50–$1.55 region could make the market-cap contest extremely close.