BNB (CRYPTO: BNB) surged nearly 7% on Tuesday to trade above $1,300, overtaking XRP (CRYPTO: XRP) and USDT (CRYPTO: USDT) in global rankings to become the third-largest cryptocurrency by market capitalization.
BNB Flips XRP And USDT In Market Rankings
BNB’s valuation climbed to roughly $178 billion, with the shift marking a decisive rotation in market leadership as investors allocate capital toward networks generating consistent revenue and measurable user activity.
The breakout also represents one of BNB’s strongest daily performances of the quarter, supported by a mix of on-chain growth and institutional positioning.
Analysts note that this milestone reinforces BNB’s status as a utility-driven asset supported by real blockchain engagement.