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!

You may also like

Ethereum News Today: Ethereum’s Expansion and Investor Commitment Drive Altcoin Rarity, Indicating a Mature Market

- Altcoins like Pepe (PEPE) and Chainlink (LINK) show record-low exchange-held supplies, signaling strong institutional/retail accumulation. - Ethereum's institutional adoption (e.g., Tom Lee's $320M ETH purchase) and expanding staking infrastructure reinforce crypto market maturity. - PEPE's 20% exchange supply drop and LINK's 98.9% holder accumulation ratio highlight scarcity-driven bullish sentiment ahead of potential price breakouts. - Regulatory uncertainty (e.g., Trump crypto trading ban) risks short

Bitget-RWA2025/10/31 11:10
Ethereum News Today: Ethereum’s Expansion and Investor Commitment Drive Altcoin Rarity, Indicating a Mature Market

Billie Eilish's Daring Wealth Stunt Faces Off Against Zuckerberg's Changing Riches

- Billie Eilish urged billionaires to redistribute wealth at the WSJ event, pledging $11.5M from her tour to climate and food insecurity causes. - Mark Zuckerberg, a Giving Pledge signatory, faces financial challenges as Meta's stock drops, reducing his net worth by $29.2B. - Eilish's advocacy highlights growing public discourse on wealth inequality, contrasting with gradual philanthropy approaches. - Her modest lifestyle and climate activism contrast with Zuckerberg's fluctuating fortune, underscoring ten

Bitget-RWA2025/10/31 11:10
Billie Eilish's Daring Wealth Stunt Faces Off Against Zuckerberg's Changing Riches

Aon's Key Strategies Propel 12% EPS Increase, 2026 Expansion Secured

- Aon reported Q3 2025 results exceeding forecasts, with 7% organic revenue growth and 12% higher adjusted EPS driven by its Aon United strategy and 3×3 Plan. - Risk Capital and Human Capital segments fueled performance, generating $2.5B and $1.5B in revenue respectively, supported by North American/EMEA operations and regulatory advisory work. - Operating income surged 31% to $816M with 20.4% margin, while $250M share repurchases and 13% free cash flow growth reinforced capital allocation discipline. - CE

Bitget-RWA2025/10/31 11:10
Aon's Key Strategies Propel 12% EPS Increase, 2026 Expansion Secured

Deutsche Telekom's Theta Initiative Marks Telecom and Blockchain Integration in the Age of AI

- Deutsche Telekom joins Theta Network as a strategic validator, expanding blockchain's institutional presence. - As the first telco, it validates transactions on Theta's AI-focused blockchain, partnering with tech giants. - The move highlights Theta's role in decentralized cloud services, leveraging distributed GPU resources. - Deutsche Telekom's blockchain expertise strengthens Theta's credibility in edge computing and AI markets. - The collaboration reflects telecoms and tech firms adopting decentralize

Bitget-RWA2025/10/31 10:52
Deutsche Telekom's Theta Initiative Marks Telecom and Blockchain Integration in the Age of AI