$XRP , the sixth-largest digital asset by market cap, has surged 76.29% over the past week, closing in on overtaking Binance’s $BNB token, which currently sits in fifth place. While XRP’s rally has been impressive, BNB has gained just 3.02% over the same period, the worst performer during the market’s upward move.
CoinMarketCap data shows XRP has gained 13.61% over the past 24 hours, trading at $1.56 at the time of writing. While the token remains 59.14% below its all-time high of $3.84 set in January 2018, XRP hit its highest price since April 2021 at $1.62 earlier this week. If the current momentum continues, XRP could soon break the $2 level.
BNB, meanwhile, is trading at $641.62, up 0.84% in the last 24 hours and 8.75% in the last month. However, it remains 10.95% below its all-time high of $720.67 in June. BNB recently lost its fourth place by market cap to the native token of the Solana blockchain at $$SOL .
XRP has a market cap of $89 billion, which is on track to overtake BNB at $92.45 billion.