Ripple's XRP Surges Past BNB to $100B Market Cap, Claims Fifth Spot

Nov 29, 2024, 04:41 PM

XRP has surged past Binance Coin (BNB) to become the fifth-largest cryptocurrency by market capitalization, reaching a valuation of over $100 billion. This marks a significant milestone for Ripple's XRP, which has not seen such heights since early 2018. The cryptocurrency's price has spiked to $1.74, reflecting a 13% increase in a single day, with BNB's market cap at $95 billion. XRP's 16.76% daily gain and 20.55% weekly gain have positioned it as one of the top beneficiaries of recent positive developments in the crypto space, including the impact of Donald Trump's election victory.