According to CoinMarketCap, this milestone officially positions BNB behind only Bitcoin (BTC) at $121,942 and Ethereum (ETH) at $4,492 -- placing BNB as the third-largest crypto asset globally.

Technical analysis of BNB's latest chart (see attached) shows a parabolic uptrend starting in early September. After consolidating near the $900-$1,000 range, BNB broke through key resistance levels at $1,100 and $1,200. The latest push to $1,305 confirms a strong bullish breakout, supported by higher trading volumes and steady upward momentum.

If the rally continues, the next target lies near $1,400-$1,500, aligning with Fibonacci extensions from previous highs. On the downside, support rests around $1,200, which could act as a key retest zone in case of market corrections.

BNB's rise above Tether (USDT) and XRP marks a significant reshuffle in the top crypto rankings. While USDT remains a stablecoin pegged to the U.S. dollar, its valuation has stagnated due to supply stabilization. XRP, on the other hand, has faced mild selling pressure, dropping 4.52% over 24 hours, despite its 7-day performance staying slightly positive.

BNB's upward momentum suggests investors are increasingly favoring utility-driven assets backed by active ecosystems -- a narrative that continues to separate it from older tokens struggling to maintain growth amid market rotations.