BNB, the native coin of crypto exchange Binance, has climbed to become the world’s fourth-largest cryptocurrency, trailing only Bitcoin, Ether, and stablecoin USDT. The token’s market capitalization rose to around $175 billion after a 26 percent surge since the start of October, displacing XRP, before dropping back to around $165 billion.
The ascent reflects renewed confidence in Binance’s ecosystem despite the legal fallout from its founder’s conviction and highlights how deeply the exchange’s influence remains embedded in the wider crypto market.
