XRP, BNB eye $200b: Crypto giants set sights on next milestone
Two major cryptocurrencies, XRP and Binance Coin, have been identified as potential candidates to reach $200 billion in market capitalization by 2026, according to analysis platform Finbold.
- XRP is seeing strong accumulation from long-term holders, declining exchange reserves, and growing institutional adoption, with an XRP-focused ETF expected before year-end.
- Binance Coin’s recent price surge is supported by new partnerships, institutional initiatives, and a pending spot ETF filing, bolstering its bid toward a $200 billion market cap.
- Potential catalysts include regulatory developments for Ripple and broader adoption trends for Binance Coin.
The crypto market has begun recovering following a period of weakness in recent months, with several major tokens showing growth potential, the platform reported.
XRP
XRP, currently the fourth-largest cryptocurrency by market capitalization, would require substantial gains to reach the $200 billion threshold by next year. The digital asset has experienced a sustained weekly rally driven by technical indicators and declining reserves on cryptocurrency exchanges, which have reached multi-month lows, according to market data.
Long-term holders have increased accumulation of XRP, while institutional adoption has continued to expand. An exchange-traded fund focused on XRP is scheduled to launch before year-end, according to regulatory filings.
Market analysts have suggested that Ripple, the company closely associated with XRP, may obtain a full banking license in 2026, though no official confirmation has been provided. Such regulatory approval could serve as a catalyst for price appreciation, according to market observers.
Binance Coin
Binance Coin, the fifth-largest cryptocurrency by market capitalization, would similarly require significant price increases over the next year to reach the $200 billion milestone.
During Binance Blockchain Week, company representatives announced ecosystem upgrades, new partnerships with traditional finance companies including Mastercard, and expanded institutional adoption initiatives.
The recent price increase for BNB has coincided with a new filing for a BNB spot exchange-traded fund, which has received support from former Binance CEO Changpeng Zhao, according to regulatory documents.
Both cryptocurrencies’ ability to reach the $200 billion market cap threshold remains contingent on broader cryptocurrency market conditions, which remain volatile and subject to fluctuation.
