XRP Closes Gap on BNB as Network Activity Shifts
BNB (BNB)
Editor:
Eugene Serbin
u.today reports that XRP is now within $10 billion of Binance Coin (BNB) in market capitalization rankings. XRP holds a capitalization of roughly $85 billion, while BNB sits at approximately $95 billion. The gap has narrowed from $10.9 billion on September 6 to the current difference.
Network data shows payment volume rose 26% to 462.9 million XRP, with payments increasing 33.8% to 827,800. New accounts grew by 8.8% and active accounts by 1.3%. However, successful transactions fell 37.5%, active users dropped 22.4%, and total transactions decreased 29.1% to 1.8 million.
XRP trades near $1.36, holding above the $1.355 moving average and $1.336 support. A $0.15 to $0.17 price increase would eliminate the $10 billion deficit if BNB’s cap remains constant. Prices reaching $1.45 to $1.55 could make the contest extremely close.
How the market reacted
Whalio's own Binance spot order flow for BNB, measured when this story was written up on 11 September 2026. Not the outlet's figures.
BNB trades at $708.72 with a 1-hour buy ratio of 43.4% and a 4-hour buy ratio of 47.9%. These short-term figures are lower than the 24-hour buy ratio of 42.3%, indicating that immediate buying pressure is fading relative to the daily average. The 1-hour volume delta is -$183,728 and the 4-hour delta is -$635,835, showing net selling in the short term. Over 24 hours, the volume delta is -$19,326,040, confirming sustained net outflows. The cumulative volume delta (CVD) at the 24-hour close is -$477,942. Net buying occurred in only 10 of the last 24 hours, suggesting sellers are currently dominating the spot market.
The latest daily buy ratio of 46.4% sits at the 18th percentile of the last 322 days, against a median of 49.2% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for BNB, averaged over the days leading up to the story.
The 7-day average buy ratio is 49.8%, making the current 24-hour ratio of 42.3% a drop of 7.5 points. This indicates that today is an unusual day for BNB, with significantly weaker buying interest than the weekly norm. Volume is at 0.91x the average, showing reduced trading activity compared to the preceding week. The 8-day price change is -2.3%, with a total volume delta of -$12,641,635. Net buying happened on only 3 of the last 7 days, confirming a broader trend of selling pressure over the week.