XRP Price Jumps 10% as XRP Flips BNB to Become the 4th Largest Cryptocurrency

The post XRP Price Jumps 10% as XRP Flips BNB to Become the 4th Largest Cryptocurrency appeared first on Coinpedia Fintech News

Ripple’s native token XRP has just flipped BNB to become the fourth-largest cryptocurrency, with a market cap close to $124 billion. Over the past 24 hours, XRP climbed nearly 9%, pushing its price to around $2.05. 

This sudden rise has caught the attention of traders, especially since XRP had been trading quietly for weeks.

XRP ETF Inflows Fuel the Rally

One major reason behind XRP’s rise is steady inflows into spot XRP ETFs. Even during recent market weakness, these ETFs continued to attract fresh money. 

On June 2, 2026, XRP ETFs recorded $13.59 million in new inflows, extending a strong streak that has lasted for months.

Since their launch in November 2025, spot XRP ETFs have attracted around $1.18 billion in net inflows. This has pushed total assets under management close to $1.37 billion, showing growing confidence from long-term investors.

Trading Volume Jumps Sharply

Another key factor supporting XRP’s price is the surge in trading activity. XRP’s 24-hour trading volume jumped nearly 180%, reaching close to $4 billion. Such a sharp rise usually shows strong conviction, as both retail traders and large players enter the market together.

Even with this strong bounce, XRP is still well below its July 2025 high of $3.68. This suggests the current move is part of a recovery phase, not a market top. Many traders believe there is still room for upside if buying pressure continues.

Overall Crypto Market Turns Bullish

XRP’s rally is also being supported by a broader bullish move across the crypto market. Bitcoin climbed back above $90,000, lifting overall sentiment. 

Major cryptocurrencies like Ethereum moved above $3,110, Solana rose near $133, and BNB gained around 2%. 

Other altcoins like Cardano, Dogecoin, and Sui posted gains between 10% and 15%, showing strong risk appetite across the market.

XRP Supply Drops on Exchanges

XRP exchange supply has now fallen to an 8-year low. Since October, more than 50% of the XRP supply has moved off exchanges into cold storage. This is not selling, it signals long-term holding.

With thinner order books, price becomes more sensitive to demand. This is why $2 is a critical level. Since November, XRP has failed multiple times to break above the $2.00–$2.17 zone.

If XRP manages a clean breakout above $2.17, it could move toward $2.20–$2.80. 

Beyond that, the next major psychological target remains $3.00, where traders may look to take profits again.

Source: https://coinpedia.org/news/xrp-price-jumps-10-as-xrp-flips-bnb-to-become-the-4th-largest-cryptocurrency/