The Evolution of Leading Cryptocurrency Market Caps in the Past Five Months

The last five months have seen significant changes in the market capitalization of leading cryptocurrencies, according to data from CryptoQuant. Binance Coin (BNB) and XRP have shown notable growth, with BNB reclaiming its position in the top five by overtaking Solana (SOL).

Meanwhile, SOL saw a significant increase in its market cap in late 2024 due to the growth of its meme coin ecosystem. XRP has been on a rise since November 2024 after the US presidential election win by Donald Trump, showing a potential correlation between political events and crypto performance. Ethereum (ETH) has been underperforming, with its market cap falling by 50%.

Bitcoin (BTC), on the other hand, has been thriving, despite recent macroeconomic uncertainties. In terms of circulating supply, SOL, XRP, and BNB have seen significant changes.222:16