XRP and BNB Engage in a Tight Race for Third Place in Cryptocurrency Market Cap Rankings

BNB and XRP are in a tight race for third place on CoinMarketCap, with a market cap difference of $1.35 billion. BNB is valued at $117.71 billion, while XRP is at $116.36 billion. A 1% move in BNB's cap can swap the order and instantly rewrite the story around "who is winning". BNB has a higher valuation but XRP is being pushed harder by traders. The next catalyst will decide the headline, with BNB's bid driven by its ecosystem and XRP's by headlines on payments adoption, regulation wins, and institutional products.