XRP Drops Down Market Cap Rankings
News By Alex Dovbnya Sun, 5/04/2026 - 7:54 Things are getting worse for the controversial Ripple-linked XRP cryptocurrency. Advertisement
Advertisement
XRP has slipped down CoinGecko's cryptocurrency market cap rankings.
The Ripple-linked cryptocurrency has lost its position to Binance Coin (BNB).
According to recent market data, BNB has reclaimed the number four spot with a market capitalization of $80.5 billion. XRP has now fallen to fifth place with a market cap of $79.8 billion.
HOT Stories 'Terrifying': Solana Founder Reacts to One of Biggest DeFi Hacks in History Shiba Inu (SHIB) Never Left Downtrend, Midnight (NIGHT)'s Fundamental Support Is In, What Are Three XRP Factors Needed for Bullish Reversal? Crypto Market ReviewNotably, XRP is the only major cryptocurrency in the red this Saturday. Other cryptocurrencies have managed to record some minor gains.
AdvertisementA seven-month slump
XRP is currently on track to record its seventh consecutive month in the red.
Since late last year, the asset has been trapped in a relentless downtrend.
Every attempt at a macro recovery has been met with heavy selling pressure. The cryptocurrency is struggling to regain a footing near the $1.30 level.
AdvertisementA seven-month losing streak is incredibly rare for a top-tier cryptocurrency, which shows just how devastating the current sell-off is.
A failed breakout
In mid-March, XRP bulls attempted a breakout. The sharp rally that peaked near the $1.60 level around March 16 and 17. This surge was completely unsustainable.
Immediately after hitting that local top, the asset experienced a steep and steady sell-off. Over the next three weeks, XRP charted a textbook series of lower highs and lower lows.
For now, sellers are firmly in control of the short-term price action despite some positive developments within the ecosystem.
Institutional pressure
Weekly ETF net flows show that capital is leaving XRP investment vehicles. XRP ETFs recorded a net outflow of $3.6 million. For comparison, Bitcoin managed to attract a positive $22 million in inflows. "Smart money" is currently reducing its exposure to the asset.
#XRP Price Prediction Advertisement
