$BNB Overtakes $XRP

In a surprising turn of events, BNB has surpassed XRP to become the third largest crypto worldwide. BNB’s 5% increase to a new all-time high above $1,280 was fuelled by the BNB Chain’s booming activity and indications of increased institutional demand.  Overtaking Solana, the BNB Chain announced a record 58 million monthly active addresses. The decentralised exchange Aster was the main driver of the increase, seeing its total value locked leap more than 500% to $2.4 billion. The price change builds on general optimism across cryptocurrency markets, with BNB beating the market, and co-occurs with a collaboration between BNB Chain and Chainlink to put official US economic data on-chain.