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XRP briefly overtakes BNB as 4th largest crypto amid volume surge, but BNB regains lead with stronger on-chain use.

Market News
23 Mar 2026
Crypto news
View Source
Bullish
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On March 17, 2026, XRP's price surged above $1.50, driven by a 125% jump in trading volume to $3.22 billion, briefly pushing its market cap to $93.4 billion and overtaking BNB as the fourth-largest cryptocurrency. However, BNB quickly reclaimed fourth place with an $85.9 billion market cap, supported by a robust ecosystem processing over 12 million daily transactions and record highs near 31–35 million. Analysts suggest this flip reflects short-term market sentiment driven by regulatory news and trading volume spikes rather than sustained on-chain utility. The episode highlights a broader market trend favoring platforms with deeper real-world use and steady demand, even as XRP benefits from regulatory clarity and renewed institutional interest.

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