Binance Coin Soars: Surpasses XRP, Entering Top 3

Binance Coin (BNB) has made a significant jump in the cryptocurrency market, surpassing XRP and securing its place as the third largest digital asset by market capitalization. This rapid ascent is fueled by factors including surging adoption, particularly in Kazakhstan, and strong activity on the BNB Chain. While this surge excites many, it has also sparked debate about potential manipulation. The question arises: Is this a sustainable rise, or simply hype fueled by Binance’s ecosystem? 7-day price movements show a remarkable increase of over 30%, reaching $1,326 for a market capitalization of $182 billion. This puts BNB ahead of the likes of Bitcoin and Ethereum, which only saw modest gains during this period.