XRP Reclaim Fourth Largest Cryptocurrency Position
In early 2026, the cryptocurrency market underwent a new round of reshuffling. Ripple’s native token XRP, which has long been in the spotlight, surged approximately 8% in 24 hours, with its market cap breaking through $123 billion, overtaking BNB (market cap approximately $120.7 billion) and reclaiming the fourth largest cryptocurrency position (excluding stablecoins). This change not only reflects XRP’s own strong momentum but also reveals subtle shifts in capital flows within the crypto market. This article will combine Gate’s real-time market data to analyze the driving factors behind this market cap ranking shift and provide a neutral outlook on the subsequent performance of XRP and BNB.
Market Dynamics: Market Cap Showdown Between XRP and BNB
According to CoinMarketCap data, as of January 8, 2026, XRP’s market cap is approximately $123 billion, while BNB’s market cap is approximately $120.7 billion, with XRP completing the “flip” with a slight advantage. Over the past 24 hours, XRP’s price reached a high of $2.33, then retreated slightly; BNB oscillated in the $903-910 range.
On the Gate platform, XRP/USDT spot real-time price is $2.17, with a 24-hour change of -4.19%; BNB/USDT spot real-time price is approximately $903.54, oscillating above the Bollinger Band middle band. Notably, XRP’s trading volume surged significantly during the rebound, with 24-hour global trading volume jumping 175% to $3.8 billion, indicating a sharp increase in market participation.
Driving Factors: ETF Capital Inflow and Supply Tightening
Behind XRP’s current rally are two key drivers:
Continued capital inflow into the US spot XRP ETF. Since its launch in late 2025, the XRP ETF has accumulated net inflows exceeding $1.18 billion, with total assets under management (AUM) around $1.37 billion. The continued injection of these institutional funds has provided steady buying support for XRP.
Exchange reserves have fallen to multi-year lows. According to Glassnode data, XRP reserves on centralized exchanges have dropped to approximately 1.6 billion XRP, hitting lows unseen since 2018, down about 57% from end-2025 highs. Supply tightening and ETF demand create resonance, exacerbating supply-demand imbalance in the market.
In contrast, BNB has lacked similar institutional capital inflow catalysts recently, with its price movement more constrained by overall market sentiment and technical adjustments.
Technical Analysis: Short-term Trends of XRP and BNB
XRP
Gate’s market data shows XRP’s current price near $2.17, in a short-term correction phase. RSI has not yet entered the overbought zone, MACD shows a bullish crossover, indicating upward momentum is still extending.
Key resistance levels are in the $2.20-2.30 range; if this zone can be held, further tests of $2.50 are possible; downside support is at $2.00-2.10.
BNB
BNB’s 1-hour K-line on Gate shows prices oscillating in the $895-910 range, with Bollinger Bands contracting, indicating the market is entering a consolidation phase.
The KDJ indicator has pulled back from the overbought zone, MACD red column has slightly expanded, with short-term upside momentum somewhat diminishing but not fully reversing to bearish. If it breaks below $895, it may test the $880-885 support level downward.
Market Context: Anomalies in Overall Crypto Market Decline
On January 8, 2026, the overall crypto market showed a widespread decline. Bitcoin (BTC) fell 1.08% in 24 hours, breaking below $92,000; Ethereum (ETH) fell 2.05%, retreating to around $3,187. Against this backdrop, XRP’s ability to rally counter to the market trend and complete the market cap overtake highlights its relative strength.
Gate Platform Data: Real-time Market and Global Layout
As a leading global cryptocurrency exchange, Gate provides users with real-time market data, depth charts, and technical indicators for XRP and BNB. Additionally, Gate has recently officially launched Gate Dubai, further deepening its compliant presence in the Middle East and globally, providing users with safer and more convenient trading services.
Price Outlook
Based on current market data and technical structure, here is a neutral short-term outlook for XRP and BNB:
XRP: If it can hold the $2.00-2.10 support zone and is accompanied by continued ETF capital inflow, prices may challenge the $2.30-2.50 zone again. However, if overall market sentiment weakens, XRP may fall back to the $1.85-2.00 range for consolidation.
BNB: In the short term, it is likely to oscillate in the $895-910 range. If it breaks through the $910 resistance, it may test $915-920; if it breaks below $895, it may seek down to the $880-885 support zone.
XRP’s market cap overtaking BNB is an important milestone in the crypto market in early 2026. It not only reflects XRP’s recovery driven by both institutional capital and supply chain contraction, but also reminds investors that crypto market rankings are not immutable. For investors following XRP and BNB, closely tracking real-time market data, technical indicators, and market news on the Gate platform will be key to grasping subsequent trends.
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XRP 24 horas a subir 8% e volta ao quarto lugar! Valor de mercado a superar o BNB, mudança no panorama das criptomoedas
XRP Reclaim Fourth Largest Cryptocurrency Position
In early 2026, the cryptocurrency market underwent a new round of reshuffling. Ripple’s native token XRP, which has long been in the spotlight, surged approximately 8% in 24 hours, with its market cap breaking through $123 billion, overtaking BNB (market cap approximately $120.7 billion) and reclaiming the fourth largest cryptocurrency position (excluding stablecoins). This change not only reflects XRP’s own strong momentum but also reveals subtle shifts in capital flows within the crypto market. This article will combine Gate’s real-time market data to analyze the driving factors behind this market cap ranking shift and provide a neutral outlook on the subsequent performance of XRP and BNB.
Market Dynamics: Market Cap Showdown Between XRP and BNB
According to CoinMarketCap data, as of January 8, 2026, XRP’s market cap is approximately $123 billion, while BNB’s market cap is approximately $120.7 billion, with XRP completing the “flip” with a slight advantage. Over the past 24 hours, XRP’s price reached a high of $2.33, then retreated slightly; BNB oscillated in the $903-910 range.
On the Gate platform, XRP/USDT spot real-time price is $2.17, with a 24-hour change of -4.19%; BNB/USDT spot real-time price is approximately $903.54, oscillating above the Bollinger Band middle band. Notably, XRP’s trading volume surged significantly during the rebound, with 24-hour global trading volume jumping 175% to $3.8 billion, indicating a sharp increase in market participation.
Driving Factors: ETF Capital Inflow and Supply Tightening
Behind XRP’s current rally are two key drivers:
In contrast, BNB has lacked similar institutional capital inflow catalysts recently, with its price movement more constrained by overall market sentiment and technical adjustments.
Technical Analysis: Short-term Trends of XRP and BNB
XRP
BNB
Market Context: Anomalies in Overall Crypto Market Decline
On January 8, 2026, the overall crypto market showed a widespread decline. Bitcoin (BTC) fell 1.08% in 24 hours, breaking below $92,000; Ethereum (ETH) fell 2.05%, retreating to around $3,187. Against this backdrop, XRP’s ability to rally counter to the market trend and complete the market cap overtake highlights its relative strength.
Gate Platform Data: Real-time Market and Global Layout
As a leading global cryptocurrency exchange, Gate provides users with real-time market data, depth charts, and technical indicators for XRP and BNB. Additionally, Gate has recently officially launched Gate Dubai, further deepening its compliant presence in the Middle East and globally, providing users with safer and more convenient trading services.
Price Outlook
Based on current market data and technical structure, here is a neutral short-term outlook for XRP and BNB:
XRP’s market cap overtaking BNB is an important milestone in the crypto market in early 2026. It not only reflects XRP’s recovery driven by both institutional capital and supply chain contraction, but also reminds investors that crypto market rankings are not immutable. For investors following XRP and BNB, closely tracking real-time market data, technical indicators, and market news on the Gate platform will be key to grasping subsequent trends.