XRP Surges 10% in Power Move, Overtakes BNB to Claim 4th Largest Crypto Spot
XRP just pulled a classic market coup—jumping 10% and flipping BNB to become the fourth-largest cryptocurrency by market cap. The move reshuffles the top-tier deck and sends a clear signal: the old guard isn't going anywhere quietly.
The Anatomy of a Flip
Market cap rankings are the crypto industry's brutal, real-time scoreboard. XRP's double-digit surge provided the thrust needed to vault over Binance Coin, a token backed by the world's largest exchange. It's a reminder that in this arena, sentiment and momentum can rewrite the hierarchy overnight—no board approval needed.
What's Fueling the Rally?
While specific catalysts shift like sand, surges of this magnitude rarely come from thin air. They're typically tied to a cocktail of technical breakouts, accumulating institutional interest, or regulatory clarity finally cutting through the fog. For a project with XRP's history, every major green candle is a argument against its detractors.
The New Number Four
Securing the fourth position isn't just a vanity metric. It translates directly into heightened visibility, increased liquidity, and a stronger gravitational pull for capital. It places XRP squarely in the 'blue-chip' conversation, a tier that traditionally attracts a different, more steadfast class of investor—the kind that might actually read a whitepaper.
A Jab at the Old World
Let's be real: watching a decentralized asset leapfrog a centralized exchange's token probably causes more delight in crypto circles than any traditional stock split ever could. It's a small, satisfying dose of poetic justice in a market often accused of having none.
The climb to fourth is impressive, but it's just another checkpoint. The real question isn't about holding position—it's about what, or who, is next on the list. In crypto, today's triumph is merely tomorrow's motivation.
Ripple’s native token XRP has just flipped BNB to become the fourth-largest cryptocurrency, with a market cap close to $124 billion. Over the past 24 hours, XRP climbed nearly 9%, pushing its price to around $2.05.
This sudden rise has caught the attention of traders, especially since XRP had been trading quietly for weeks.
XRP ETF Inflows Fuel the Rally
One major reason behind XRP’s rise is steady inflows into spot XRP ETFs. Even during recent market weakness, these ETFs continued to attract fresh money.
On June 2, 2026, XRP ETFs recorded $13.59 million in new inflows, extending a strong streak that has lasted for months.
Since their launch in November 2025, spot XRP ETFs have attracted around $1.18 billion in net inflows. This has pushed total assets under management close to $1.37 billion, showing growing confidence from long-term investors.
Trading Volume Jumps Sharply
Another key factor supporting XRP’s price is the surge in trading activity. XRP’s 24-hour trading volume jumped nearly 180%, reaching close to $4 billion. Such a sharp rise usually shows strong conviction, as both retail traders and large players enter the market together.
Even with this strong bounce, XRP is still well below its July 2025 high of $3.68. This suggests the current MOVE is part of a recovery phase, not a market top. Many traders believe there is still room for upside if buying pressure continues.
Overall Crypto Market Turns Bullish
XRP’s rally is also being supported by a broader bullish move across the crypto market. Bitcoin climbed back above $90,000, lifting overall sentiment.
Major cryptocurrencies like ethereum moved above $3,110, Solana rose near $133, and BNB gained around 2%.
Other altcoins like Cardano, Dogecoin, and sui posted gains between 10% and 15%, showing strong risk appetite across the market.
XRP Supply Drops on Exchanges
XRP exchange supply has now fallen to an 8-year low. Since October, more than 50% of the XRP supply has moved off exchanges into cold storage. This is not selling, it signals long-term holding.
With thinner order books, price becomes more sensitive to demand. This is why $2 is a critical level. Since November, XRP has failed multiple times to break above the $2.00–$2.17 zone.
If XRP manages a clean breakout above $2.17, it could move toward $2.20–$2.80.
Beyond that, the next major psychological target remains $3.00, where traders may look to take profits again.
