BNB exceeds XRP among the largest crypts after breaking new maximum of USD $ 1,300

By Hannah Pérez

BNB extended the profits to ensure a new historical maximum over USD $ 1,300 and thus leave XRP behind in the classification of the largest cryptocurrencies for market capitalization.

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BNB extends the profits and ensures a new price maximum over USD $ 1,300
Ripple’s Token XRP was left behind, now BNB occupies third place in the ranking.
BNB does not stop going up since it broke the USD $ 1,000 in September!
The growing activity in BNB Chain contributes with the price increase.

BNB cryptocurrency, native to the network BNB Chainhas marked a new milestone by exceeding USD $ 1,300 for the first time.

In the midst of a widespread bunder impulse in the cryptocurrency market, BNB secured a new price maximum of USD $ 1,313 this Tuesday morning (ET)which has now allowed him Coingcko.

With a market capitalization that reached an unprecedented top of USD $ 183 billion, BNB is consolidated as one of the main forces in the cryptocurrency ecosystem, only behind Bitcoin (BTC) and Ethereum (ETH).

BNB has been registering new spikes in the graphics in the middle of a argued promotion during the last weeks, after overcoming the USD $ 1,000 barrier on September 20. This rally has seen BNB experience an impressive 30% increase in the last week, far exceeding other Altcoins outstanding.

BNB leaves XRP behind the crypto ranking

The recent BNB performance is part of a context of generalized optimism in the cryptocurrency market. Bitcointhe leading cryptocurrency broke its own record when reaching USD $ 126,080 on Monday, with a 10% increase in the last seven days.

Others Altcoins important, like Ethereum (Eth), Solarium (Sun) and Dogecoin (Doge), have also registered significant profits, with increases of up to 13% in the same period. However, BNB performance has been remarkably superior, driven by specific factors of its ecosystem.

For its part, XRP, associated with Rippleit has been lagging behind with a modest increase of 4.5% in the last week. At the close of this edition, the price of XRP was at USD $ 2.97, with a 1% drop in the last 24 hours and a market capitalization of USD $ 177 billion, according to Coingcko. This performance has allowed BNB to consolidate its position in third place in the ranking.

Activity in BNB Chain as a growth engine

The increase in the price of BNB has been accompanied by a significant increase in the activity of the BNB Chainthe network Blockchain which supports this cryptocurrency. According to a report from COINDESKthe network has experienced a boom in chain transactions, which has contributed to strengthening investor confidence.

This increase in activity is attributed to the growth of decentralized applications (DAPPS), decentralized finance projects (DEFI) and other initiatives that operate in the BNB Chainknown for its high speed and low transaction costs.

“BNB has proven to be a resilient and dynamic active in the crypto market, benefiting from the robustness of its ecosystem and the massive adoption of the BNB Chain”said an analyst of COINDESK. The network, which was initially developed as an extension of Binancehas evolved to become one of the most used platforms for project development Blockchain.

Future perspectives

The rise of BNB to a new historical maximum reflects the growing interest in alternative cryptocurrencies and the central role that block chains such as BNB Chain They play in the ecosystem. While the crypto market continues to show signs of strength, investors will be attentive to whether BNB can maintain their impulse and consolidate their position against competitors such as XRP.

At the close of this edition, the price of BNB is maintained in USD $ 1,313, with eyes on possible new records in the coming weeks, or even as soon as in the next few days.

Article written with the help of AI, edited by Diariobitcoin

Image generated with AI tool, under free use license

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