BNB's market capitalization has surpassed XRP, becoming the fourth largest cryptocurrency globally, with a trading price of $900.40 and a market cap of $124.02 billion. This shift is attributed to the BNB Chain Foundation's $100 million liquidity plan, a $200,000 investment in memecoins, and market anticipation for the upcoming Fermi hard fork, which aims to improve network speed. The increase in on-chain transaction fees also indicates heightened activity on the BNB Chain.
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BNB's market capitalization has surpassed XRP, becoming the fourth largest cryptocurrency globally, with a trading price of $900.40 and a market cap of $124.02 billion. This shift is attributed to the BNB Chain Foundation's $100 million liquidity plan, a $200,000 investment in memecoins, and market anticipation for the upcoming Fermi hard fork, which aims to improve network speed. The increase in on-chain transaction fees also indicates heightened activity on the BNB Chain.