Ripple News: XRP Reclaims Fourth Spot From BNB as ETF Inflows Cross $1.2 Billion

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Coingapestaff

Coingapestaff

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xrp

Highlights

  • XRP flipped BNB to reclaim fourth place in global crypto rankings on March 18, trading at $1.52 with a market cap of $93.03 billion.
  • SEC and CFTC named XRP a digital commodity and non-security this week, removing a key regulatory overhang that has weighed on the token for years.
  • Cumulative inflows into spot XRP ETFs hit $1.24 billion since launch, outpacing Solana ETFs.

XRP has flipped BNB to reclaim fourth place in the global crypto rankings, according to CoinGecko data. As of March 18, XRP is trading at $1.52 with a market cap of $93.03 billion, ranking it fourth among all cryptocurrencies.

The move comes as institutional appetite for the Ripple token continues to build through the ETF market.

XRP flips BNB as Price Surges

XRP price surged nearly 11% over the past week, breaking through resistance around $1.40 and overtaking BNB to become the fourth-largest crypto by market cap. The breakout ended a prolonged period of sideways price action that had kept XRP rangebound since February.

XRP flips BNB in market cap. Source: Coingecko

The rally has not come out of nowhere. Recently, the XRP Ledger hit a new record with 7.7 million holders for the first time in its 13-year history, with on-chain activity also surging.  Active addresses hit a five-week high of 46,767 on Monday, signalling fresh retail and trader interest in the network.

Adding further fuel to XRP’s rally, the SEC and CFTC jointly released a landmark token taxonomy this week, explicitly naming XRP as a digital commodity and therefore a non-security. This is the regulatory clarity that investors have been waiting years for and one that removes a key overhang that has long weighed on the token’s price.

XRP ETF Inflows Hit $1.24 Billion, Outpacing Solana

Meanwhile, institutional flows have been building steadily since XRP ETFs launched in the United States late last year. As of early March, cumulative inflows into spot XRP ETFs stood at $1.24 billion since launch, per SoSoValue data. That figure places XRP ETFs among the fastest-growing crypto ETF products in the U.S. market.

XRP ETFs have far outpaced comparable Solana ETFs, which pulled in $989 million over the same period.

XRP ETF
XRP ETF flows. Source: SoSoValue

The broader Ripple story also adds context to XRP’s renewed momentum. Ripple valuation also surged with a recent $750 million share buyback programme, pushing it to $50 billion, a 25% increase since its $500 million fundraise in November. In addition, the company is also expanding into new markets, with reports of Ripple seeking a regulatory licence in Brazil.

For now, XRP’s reclaim of fourth place is as much a story about institutional adoption as price action.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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