XRP Falls to No. 5 as BNB Overtakes in Market Cap

XRP has slipped to fifth place by market capitalization, edging out by BNB after months of weakening price action and a failed spring bounce that did not mark a sustained turning point.

CoinGecko data cited over the weekend put BNB at roughly $80.5 billion in market value, just ahead of XRP at about $79.8 billion. The difference is narrow, but XRP’s broader trading profile has been weaker: it was also one of the few large-cap tokens trading lower on Saturday while most major cryptocurrencies posted modest gains.

Ranking change reflects a longer downtrend

A one-day flip in market cap standings can be noise, but XRP’s longer slide is harder to dismiss. The token is on track for its seventh consecutive monthly decline, a rare stretch for an asset still viewed as part of crypto’s top tier.

Since late 2025, rallies have repeatedly met heavy selling. Price has struggled to stabilize around the $1.30 area, and repeated failure at a widely watched level tends to attract more selling rather than encourage new buying.

March breakout attempt failed to hold

The clearest reversal attempt came in mid-March. XRP pushed toward $1.60 around March 16 and 17, briefly giving bulls a concrete reference point. The move, however, did not last.

After the local peak, XRP rolled over into a downtrend characterized by lower highs and lower lows over the following three weeks. This pattern typically indicates that sellers are stepping in earlier on each rebound, which can limit recovery attempts unless trading activity and broader market sentiment improve.

Why the $1.30 area is a key level

The region near $1.30 has become a “line of defense.” If buyers cannot establish a durable base there, traders may continue treating rallies as exits rather than new entries. That behavior can weigh on both price and market cap—particularly when competing large caps are at least holding steady.

Because market capitalization is calculated as circulating supply multiplied by price, XRP does not need a major crash to lose rank. Underperforming peers by a modest amount for long enough can be sufficient.

Institutional flows show limited support

Investor positioning through exchange-traded products also appears to be a headwind. Weekly ETF flow data showed roughly $3.6 million in net outflows from XRP-linked vehicles, while Bitcoin products recorded about $22 million in inflows over the same period.

While the XRP outflow figure is not described as catastrophic, it aligns with the broader picture of cooling conviction. Sustained trimming of exposure to XRP while capital is directed elsewhere makes it harder to argue the asset is in the early stages of a durable reversal.

BNB’s relative resilience

BNB’s move back up in the rankings suggests relative resilience. It has managed to hold enough value to overtake XRP while XRP weakens, without a dramatic narrative shift. In close ranking contests, resilience can matter more than momentum.

What to watch next for XRP

To reclaim fourth place, traders are advised to monitor three areas: whether XRP can recover and hold above $1.30, whether rebounds can break the sequence of lower highs formed since mid-March, and whether fund flow data stop indicating capital leakage from XRP products.

If these signals improve together, the BNB flip could be temporary. If not, fifth place may reflect a trend that has been visible for months, since sustained weakness typically does not correct itself quickly.