XRP price surges above $1.50 and flips BNB in market cap rankings

XRP climbed 10% to $1.53 on Tuesday, March 17, overtaking BNB to become the fourth-largest cryptocurrency by market value at about $93.4 billion. The token broke above $1.40 and traded in the $1.50 to $1.60 range. Spot trading volume rose 125% to roughly $3.22 billion.

In derivatives, open interest in XRP futures on Binance reached about 353.49 million XRP as of March 17, up 59% from 222.79 million on Oct. 24, 2025. That increase came while the token trades around 37% below the Oct. 24 price of $2.39 and about 58% under the September 2025 high near $3.65.

Open interest remains below the level above 400 million XRP recorded in September 2025. It dropped during the October crypto crash that took XRP from about $3.65 to under $2, then rebuilt over the following months.

Market participants are tracking whether the $1.50 to $1.60 area holds and whether volume persists. Recent positioning reflects added leverage during the rally, a change from the deleveraging seen in January and February.

The gains came amid strength across large cryptocurrencies. Over the past week, Ether advanced about 13%, and Solana added roughly 9.7%. Bitcoin briefly topped $75,000 before slipping below a technical area near $74,400. Spot Bitcoin exchange-traded funds recorded approximately $767 million in weekly inflows.

Investors are also watching a Federal Reserve policy meeting this week for signals on interest rates, a factor for risk assets, including cryptocurrencies.

Since the October 2025 drawdown, XRP has seen several failed breakouts, with spot rallies often fading as leverage was reduced. The current level of open interest is within reach of readings seen before last fall’s decline. Traders are watching whether XRP can hold above $1.50 with continued volume and whether open interest grows without the concentration that preceded last year’s selloff.