XRP Reclaims Its Spot in the Crypto Food Chain as it Overtakes BNB
XRP (XRP-USD) is reclaiming its spot in the crypto food chain. On Tuesday, the token surged to $1.53, allowing it to flip BNB (BNB-USD) and become the fourth-largest cryptocurrency in the world by market cap. This move pushed XRP’s total value to $93.4 billion, breaking past a major resistance zone that has frustrated buyers for weeks.
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While the price jump is impressive, the real story is happening behind the scenes in the derivatives market, where professional traders are placing massive new bets on the rally’s future.
XRP’s Derivatives Market Signals Strong Support
Open interest for XRP on Binance has reached approximately 353 million tokens. This is a significant jump from the 222 million seen back in October 2025. What makes this interesting is that the current price is about 37% lower than it was during that October peak, yet the number of open bets is nearly the same.
This suggests that traders are actually opening new, aggressive positions. This creates a more structural support for the price, though it also increases the risk of a sharp drop if the market suddenly turns.
Altcoin Rotation Drains Liquidity from BNB
The flipping of BNB is a major psychological milestone for the market. While BNB has seen a slight drop in activity, capital is rotating heavily into XRP and Ethereum. Analysts note that investors are looking for assets that have a clear use case, such as XRP’s role in global payments. As Bitcoin stabilizes near $74,000, the smart money is moving into tokens that offer higher potential returns. This rotation has allowed XRP to outperform the broader market, with its market cap now sitting roughly $1.4 billion above BNB.
XRP’s Trading Volume Explosion Confirms the Move
A price jump only matters if people are actually trading, and XRP’s volume is currently through the roof. Daily trading activity hit $3.22 billion on Tuesday, which is a 125% increase from earlier in the week. This kind of volume spike usually happens when both big institutions and regular retail traders are buying at the same time. The fact that the price held steady above $1.50 despite this high volume suggests that there is enough demand to soak up any selling pressure from people taking quick profits.
Even with the current success, XRP still has work to do. The token is trading about 58% below its 2025 record high of $3.68. Traders are now closely watching the $1.60 to $1.65 range to see if it can turn that area into a new floor. If the breakout fails, the price could quickly slide back toward $1.40. However, with the leverage in the market building back toward pre-crash levels, the current situation looks like it could power a much larger move as long as the broad crypto market stays bullish.
At the time of writing, XRP is sitting at $1.5171.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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