In a significant market development, Binance Coin (BNB) has surged past the $1,300 milestone, achieving a remarkable 7.5% rally to reach record highs. This impressive performance has propelled BNB to become the third-largest cryptocurrency by market capitalization, surpassing both XRP and the stablecoin USDT. With a current valuation of $177.97 billion, BNB's ascent signals a notable shift in the crypto hierarchy and demonstrates growing confidence from both institutional and retail investors. The rally is supported by strong fundamental factors, including Binance's report of $14.8 billion in net inflows during the last quarter and significant improvements to the BNB Chain network, particularly reduced gas fees that enhance transaction efficiency. This development marks a pivotal moment in the cryptocurrency landscape, where established players like USDT are being challenged by utility tokens with strong ecosystem backing. The market capitalization reshuffle underscores the dynamic nature of digital assets and highlights how platform tokens with real-world utility and robust infrastructure can outperform even major stablecoins in market ranking. As of October 8, 2025, this market movement reflects the evolving preferences of crypto investors who are increasingly valuing tokens with practical applications and strong ecosystem fundamentals over traditional positioning.
BNB Surges Past $1,300 to Become Third-Largest Cryptocurrency
Binance Coin (BNB) has breached the $1,300 mark, rallying 7.5% to achieve a record high and overtaking XRP and USDT in market capitalization. With a valuation of $177.97 billion, BNB now ranks as the third-largest crypto asset, signaling growing institutional and retail confidence.
The rally is underpinned by robust fundamentals: Binance reported $14.8 billion in net inflows last quarter, while BNB Chain's reduced gas fees (0.05 Gwei) have amplified network activity. Technical momentum—higher highs and higher lows—suggests sustained bullish sentiment.
Ethereum and Remittix Gain Momentum as Crypto Market Heats Up
Ethereum's price resurgence has reignited bullish sentiment across crypto markets, with ETH reclaiming critical support levels and sparking speculation of a potential rally toward $5,000. Technical indicators suggest growing strength—the MACD shows a bullish crossover, while the RSI trends upward NEAR 60, signaling healthy momentum. Analysts at Standard Chartered now project a $7,500 target, citing enterprise blockchain adoption and staking demand.
Meanwhile, Remittix (RTX), a new Ethereum-based token, has raised over $27.1 million and captured attention with its 15% USDT rewards program. Positioned as a potential 'XRP 2.0,' RTX emphasizes payment utility and speed, drawing early adopters seeking alternatives in the crypto payments niche. Market participants are weighing its long-term viability against Ethereum's established network effects.
WOAMining Launches High-Yield XRP Cloud Mining Contracts
WOAMining has introduced a new cloud mining rewards contract specifically designed for XRP holders, offering daily passive income opportunities without the need for additional equipment. The platform allows users to activate cloud computing power by holding XRP, with profits automatically settled on a daily basis.
XRP's market activity has surged recently, with institutional funds flowing back and daily trading volumes exceeding hundreds of millions of dollars. While traditionally valued for its fast transfer speeds and low fees as a payment cryptocurrency, XRP is now gaining attention as a vehicle for sustainable returns amidst market fluctuations.
The WOAMining platform supports multiple cryptocurrencies including XRP, BTC, DOGE, USDT, USDC, LTC, and BNB for deposits and withdrawals. This multi-currency compatibility positions the service as a versatile option for cryptocurrency investors seeking yield-generating opportunities.
BNB Beaches New All-Time High Above $1,350, Claims Third-Largest Cryptocurrency Spot
BNB surged past $1,350 to set a fresh record, marking a 7% daily gain and 31% weekly rally. The Binance-linked token now commands a $180 billion market capitalization, eclipsing XRP and USDT to secure the third position in crypto rankings.
Binance Smart Chain reinforces its dominance with over $9.1 billion in total value locked, maintaining its top-three DeFi status. The network's recent transition to 0.05 Gwei minimum fees has slashed average transaction costs to $0.005, fueling adoption.
Binance Coin Overtakes XRP and USDT to Rank 3rd Largest Digital Asset
Binance Coin (BNB) surged past XRP and Tether (USDT) to claim the third-largest cryptocurrency by market capitalization, reaching a record high above $1,330 before settling near $1,280. The rally reflects a 10% single-day gain and a fully diluted valuation of $178.8 billion.
Liquidity inflows exceeding $512 million from chains like ethereum fueled the uptrend, alongside a 63% quarterly increase in BNB Chain's total value locked (TVL) to $9.1 billion. The ecosystem's growth accelerated with initiatives like the Aster DEX launch, backed by Binance co-founder Changpeng Zhao.
Trading volume spiked 87% to $10 billion as BNB displaced USDT ($177.4B market cap) and XRP ($172B). The token's parabolic rise underscores intensifying capital rotation into the Binance ecosystem amid broader altcoin momentum.
Rezolve AI Acquires Stablecoin Payments Firm SmartPay to Integrate Digital Assets into Mainstream Retail
Rezolve AI has acquired SmartPay, a stablecoin payment company processing over $1 billion in annual transaction volume. The deal, announced on October 7, positions Rezolve to merge AI-driven commerce with blockchain-based payments, leveraging SmartPay's infrastructure that has already facilitated $19 million in commercial transactions.
The acquisition supports Rezolve's collaboration with Tether (USDT) to create a fee-free blockchain payment network. By integrating SmartPay's payment rails with Rezolve's proprietary 'Brain Checkout' technology, the company aims to eliminate traditional merchant fees and streamline digital asset adoption for retail.
Daniel M. Wagner, CEO of Rezolve AI, emphasized the strategic value: 'SmartPay gives us a transaction-tested foundation to scale globally. This bridges the gap between blockchain and everyday commerce.' The new system will enable instant consumer payments using stablecoins.
