XRP surpasses BNB in market capitalization, joining the 100 billion club

XRP has recently surpassed BNB in market capitalization and has joined the 100 billion USD club for the first time. At the time of the update, XRP's market capitalization reached approximately 100 billion USD, while BNB's market cap stood at about 91.76 billion USD, with XRP leading by a considerable margin.

This growth can be attributed to several factors, including the optimistic sentiment of investors, XRP establishing a trading price above the 1.5 USD threshold, along with a series of positive moves from major players in the market. Notably, the resignation of SEC Chairman Gary Gensler has led to speculation that XRP may face less legal pressure.

Additionally, institutional interest in XRP is also on the rise, with numerous applications for XRP ETFs having been submitted. This strong increase has solidified XRP's position as one of the leading cryptocurrencies, indicating sustainable growth potential in the near future.