Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
After Overtaking XRP, BNB’s Surge May Reflect Adoption and Raise Questions About Possible Price Manipulation

After Overtaking XRP, BNB’s Surge May Reflect Adoption and Raise Questions About Possible Price Manipulation

CoinotagCoinotag2025/10/07 19:03
By:Jocelyn Blake

  • BNB rose ~28% in seven days, adding roughly $40 billion to market cap

  • BNB overtook XRP to become the third-largest crypto by market capitalization.

  • Market observers cite on-chain adoption and regional fund launches; some social-media users allege possible price manipulation.

BNB market cap surge: BNB jumped 28% in seven days to $1,326, overtaking XRP to become the third-largest crypto asset—read analysis, data and concise takeaways.

Binance-backed BNB has outpaced the broader cryptocurrency rally, with a 28% increase in market capitalization over the past seven days, prompting fresh community scrutiny and debate.

What is driving BNB’s market cap surge?

BNB’s market cap surge is driven by a sharp price rally, increased chain activity and regional adoption initiatives. In seven days BNB rose roughly 28%, taking price to about $1,326 and lifting its market capitalization to near $182 billion, according to CoinGecko data.

How does BNB compare to Bitcoin and Ether during this rally?

BNB’s seven-day gain (~28%) far exceeded Bitcoin’s ~5% market-cap rise and Ether’s ~8.4% in the same window. The speed of BNB’s increase added roughly $40 billion in market value, while Bitcoin and Ether posted more modest, steady gains.

After Overtaking XRP, BNB’s Surge May Reflect Adoption and Raise Questions About Possible Price Manipulation image 0
BNB ranked as the third-largest crypto asset after Bitcoin and Ether, with XRP and USDT following in fourth and fifth place, respectively, as of Oct. 7, 2025. Source: CoinGecko

When did BNB overtake XRP and what does that mean?

BNB surpassed XRP after breaking above $1,100 and continuing the rally into early October. Overtaking XRP signals a notable reordering of market capitalization rankings and highlights BNB Chain’s rising on-chain activity and adoption metrics.

What community concerns have emerged about the rally?

Online discussions have raised concerns about concentrated holdings and unusual trading flows. Some social-media commentators referenced historic founder allocations and alleged exchange buying to pressure price. These claims remain at the level of community conjecture; no formal regulatory findings or exchange confirmations have been published.

After Overtaking XRP, BNB’s Surge May Reflect Adoption and Raise Questions About Possible Price Manipulation image 1
BNB market capitalization since 2020. Source: CoinGecko

How concentrated are BNB holdings and could that influence price?

Past reporting has suggested a large portion of circulating BNB could be held by founders and associated entities. If an individual or small group controls a substantial share, that concentration can amplify price moves when large transactions occur. Transparency and on-chain analysis remain key to assessing this risk.

After Overtaking XRP, BNB’s Surge May Reflect Adoption and Raise Questions About Possible Price Manipulation image 2
Source: Captain GM

Summary comparison table

Asset 7-day % change Approx. market cap (Oct. 7, 2025)
Bitcoin (BTC) ~5% — (largest)
Ether (ETH) ~8.4% ~$568B
BNB (BNB) ~28% ~$182B

Frequently Asked Questions

Did any official statements explain the BNB rally?

As of Oct. 7, 2025, Binance and its executives had not issued formal statements acknowledging manipulation claims. Binance founder Changpeng Zhao posted “Keep building on BNB Chain” on social media, and the official BNB Chain account shared community analysis.

What on-chain metrics support BNB’s rally?

BNB Chain reported rising monthly active addresses—community sources cite roughly 60 million monthly active addresses—alongside renewed developer and dApp activity, which supports demand-based price interpretations.

Are manipulation allegations proven?

Allegations remain unproven. Community posts and social commentary have suggested suspicious flows, but independent regulatory findings or exchange confirmations were not available at the time of reporting.

Key Takeaways

  • Rapid appreciation: BNB rose ~28% in seven days, adding roughly $40B to market cap.
  • Rank shift: BNB overtook XRP to become the third-largest crypto by market cap.
  • Mixed signals: Adoption metrics and regional initiatives support growth, while social-media allegations raise governance and concentration concerns.

Conclusion

BNB’s sharp seven-day rally pushed its market capitalization to about $182 billion and repositioned it as the third-largest crypto asset. The move reflects a mix of adoption-led demand and community scrutiny about concentration risk. Monitor on-chain metrics and official disclosures for clearer signals; COINOTAG will continue to track developments.

In Case You Missed It: BlackRock’s IBIT ETF Could Reach $100B Rapidly and Boost Bitcoin Spot Demand
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!