XRP vs BNB: key numbers
XRP as a percentage of BNB. 100% means XRP has caught up. Data as of .
| Metric | Now | 1 year ago | Peak | Data since |
|---|---|---|---|---|
| Market cap | 75.1% | 111.1% | 661.1% Nov 28, 2020 | Jun 2019 |
XRP vs BNB
XRP is the native token of the XRP Ledger and is closely tied to Ripple. BNB began as the Binance exchange's token and now pays fees on BNB Chain. Both have spent years near the top of the market-cap rankings.
From a 6-to-1 XRP lead to a 4-to-1 BNB lead
When this data begins on June 22, 2019, XRP was worth 3.8 times as much as BNB, and its lead peaked at 661% on November 28, 2020. The SEC sued Ripple on December 22, 2020, and BNB passed XRP on February 18, 2021. BNB then led for almost four years, and by June 8, 2024, it was worth nearly four times as much as XRP.
XRP's one break in that run came in July 2023, after a federal judge found on July 13 that Ripple's sales of XRP on exchanges were not securities transactions. XRP closed above BNB that day and led for two weeks from July 16. XRP retook the lead on November 29, 2024, and held it for 312 days, reaching 197.1% of BNB on July 17, 2025. BNB passed it again on October 7, 2025, the day BNB set a record above $1,300.
Eleven lead changes in seven months
From October 7, 2025, to May 15, 2026, the two traded the lead 11 times, with the ratio between 83.8% and 113.8%. The last of them, on May 15, 2026, put BNB ahead. XRP's one-day close above BNB on August 23, 2026, was too short to count as a flip.
In a race this tight, CoinGecko or CoinMarketCap may show a different leader on some days. Solana has raced both coins, on Solana vs XRP and Solana vs BNB.
How XRP's supply is counted. Coin Metrics' estimated market cap uses a circulating supply sourced through CoinGecko, which leaves out the XRP Ripple holds in escrow. Ripple locked 55 billion of the 100 billion XRP in escrow in December 2017 and unlocks up to 1 billion a month. Counting the escrow would put XRP ahead of BNB on many days this chart shows BNB in front.
XRP vs BNB flip history
Every stretch where XRP closed above BNB, newest first. A lead change counts once the new leader holds 3 daily closes in a row; the lead has changed hands 15 times since Jun 2019.
| XRP ahead from | Until | Days | Peak |
|---|---|---|---|
| Apr 7, 2026 | May 14, 2026 | 38 | 104.9% Apr 17, 2026 |
| Mar 16, 2026 | Mar 23, 2026 | 8 | 102.1% Mar 16, 2026 |
| Feb 9, 2026 | Feb 28, 2026 | 20 | 107.1% Feb 15, 2026 |
| Jan 2, 2026 | Jan 13, 2026 | 12 | 113.8% Jan 5, 2026 |
| Nov 2, 2025 | Dec 11, 2025 | 40 | 112.8% Nov 24, 2025 |
| Nov 29, 2024 | Oct 6, 2025 | 312 | 197.1% Jul 17, 2025 |
| Jul 16, 2023 | Jul 29, 2023 | 14 | 114.7% Jul 19, 2023 |
| Jun 22, 2019 | Feb 17, 2021 | 607 | 661.1% Nov 28, 2020 |
Frequently asked questions
Has XRP flipped BNB?
Not right now. As of November 10, 2026, XRP's market cap is 75.1% of BNB's, so XRP would need to grow 1.3× relative to BNB to flip it. XRP last led from Apr 7, 2026 to May 14, 2026.
What is the XRP/BNB market cap ratio today?
XRP's market cap is 75.1% of BNB's as of November 10, 2026. A year earlier, on November 10, 2025, it was 111.1%. Over the past 12 months it ranged from 75.1% to 113.8%.
How close has XRP come to flipping BNB?
The highest reading in this data is 661.1%, on November 28, 2020. XRP has led BNB 8 times since Jun 2019. Most recently: from Feb 9, 2026 to Feb 28, 2026 (20 days, peak 107.1%); from Mar 16, 2026 to Mar 23, 2026 (8 days, peak 102.1%); from Apr 7, 2026 to May 14, 2026 (38 days, peak 104.9%).
How much would XRP need to rise to flip BNB?
If BNB's market cap stayed where it is, XRP's market cap would need to grow 1.3× (about +33%) to reach parity. What matters is XRP outgrowing BNB by that much, not its dollar price on its own. At today's BNB market cap, that is roughly $1.40 per XRP (it closed at $1.05 on Nov 10, 2026), assuming XRP's supply stays the same.
Where does this data come from?
Market caps are Coin Metrics' estimated market capitalization (CapMrktEstUSD): the daily closing price (00:00 UTC) times a circulating supply sourced from CoinGecko, so figures can differ slightly from CoinGecko's or CoinMarketCap's own. For XRP that supply leaves out the XRP Ripple holds in escrow. Each chart plots XRP as a percentage of BNB, so 100% is parity. The data refreshes daily shortly after 00:00 UTC; the raw series is xrp-bnb.json.