XRP Surges Past BNB: Major Regulatory Win Designates It as a Digital Commodity!

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<a href="https://cnyeur.com/xrp-usd/">XRP</a> Flips <a href="https://cnyeur.com/bnb-usd/">BNB</a>, Scores Regulatory Win as SEC Labels It a Digital Commodity

Key Takeaways

  • XRP climbed over 10% on the week, flipping BNB to claim the #4 spot on CoinMarketCap
  • SEC and CFTC signed a joint MOU, ending years of jurisdictional conflict over crypto
  • XRP officially classified as a digital commodity – not a security – in a landmark regulatory release
  • Bitwise XRP ETF pulled in $3.01M in inflows on March 17, snapping a two-week outflow streak

This decision wasn’t just based on excitement; it happened while a major change was taking place in the rules governing the asset.

This week, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) signed an agreement clarifying which agency oversees digital assets. SEC Chair Paul Atkins said this agreement resolves decades of disagreements between the two agencies, which had previously created confusion for cryptocurrency businesses operating in the U.S.

The two regulatory agencies also published a classification system that specifically identifies XRP as a digital commodity. This system defines digital commodities as assets whose value comes from a working blockchain network and the principles of supply and demand. Bitcoin, Ethereum, XRP, and Dogecoin were all given as examples within this new category.

Why This Matters for XRP

The years-long legal issues surrounding XRP weren’t about the technology itself, but whether it should be classified as an unregistered security. This question led to a lengthy court battle between Ripple and the Securities and Exchange Commission (SEC), caused uncertainty for investors, and prevented some U.S. exchanges from offering XRP for trading.

There’s now official clarity on the legal status of XRP. Regulators have categorized it as a digital commodity, similar to Bitcoin and Ethereum. This removes the legal uncertainty that previously discouraged many large financial institutions from working with XRP. As a result, exchanges can operate with more confidence, new financial products built on XRP are easier to develop, and companies holding or processing XRP face less legal risk.

This ruling confirms Ripple’s long-held position that XRP operates as a currency within a decentralized system, not as a typical investment. Beyond just benefiting XRP, this decision suggests a wider change in how regulators view established cryptocurrencies – moving them towards being classified as commodities instead of securities, which the crypto industry has been advocating for.

As a researcher tracking these developments, I’m starting to see a clear institutional response. Data from Coinglass on March 17th showed that Bitwise’s XRP ETF took in $3.01 million – which accounted for all of the XRP ETF inflows that day. This is notable because it ended a nearly two-week period of consistent outflows. While the amount itself isn’t huge, the change in direction is significant. We’d been seeing capital leaving the space, and now it appears to be flowing back in.

Technical Picture

Looking at XRP’s price chart on Binance, it’s currently trading around $1.52, a rise from its low of $1.20 in early February. The price has recently moved above the 50-day average ($1.45) and is trying to stay there. The next significant price hurdle is the 100-day average, which sits at $1.71.

The daily Relative Strength Index (RSI) is currently at 60.66, having recovered from oversold levels earlier in February. This indicates positive momentum without suggesting prices are overbought, meaning there’s potential for further gains. Additionally, the Moving Average Convergence Divergence (MACD) recently signaled a bullish crossover, and its histogram is now positive, reinforcing the recent change in trend.

A well-known cryptocurrency analyst believes XRP is currently testing a key support level around $1.65. If the price drops, initial support is expected around $1.40, with a further safety net at $1.22 if $1.40 doesn’t hold.

The 3⃣ Triple Bottom Is Almost Complete ( Update):

Today, I want To Zoom In and Not Zoom Out:

It seems we are just testing the break Down Structure which is around $1.65.

❌Invalidation is breaking back inside the white Range and breaking outside the descending channel…

— EGRAG CRYPTO (@egragcrypto)

According to our analysis, the argument for a price decrease would likely be incorrect if the price were to both return to its previous trading range and break above the downward trend line it’s currently following. Recent price movements suggest this might happen.

Recent positive developments – including regulatory progress, increased investment through ETFs, and improving market indicators – have created a more favorable outlook for XRP than we’ve seen in months. The next few days will be crucial to see if XRP can stay above $1.65 and potentially reach its 100-day moving average.

What About BNB?

This week, BNB fell to fifth place as XRP’s value increased, but this doesn’t indicate any problems for BNB. Currently priced around $675, BNB remains above its 50-day moving average of $658, which is a good indicator.

The Relative Strength Index (RSI) is currently at 57 and increasing, and the Moving Average Convergence Divergence (MACD) is also signaling a positive trend, much like XRP. However, the long-term moving averages remain above the current price of $771, suggesting there’s resistance that needs to be overcome before a lasting price increase can occur.

Currently, BNB stands out due to its activity on the blockchain. Data from CryptoRank shows that as of March 17th, BNB Chain is home to 39,072 ERC-8004 AI agents – almost 40% of all such agents deployed across all networks they track.

BNB Chain is currently the leader in AI agent activity with 27,697 active agents, followed by Base with 19,273 and Ethereum with 14,467. This strong position gives BNB Chain a practical value beyond just price increases. The key question now is whether the market will recognize and reflect this value.

What’s Next

After years of unclear rules, the legal situation around XRP is now settled. The big question is whether the recent price increase will continue, or if it was just a temporary jump based on the positive news. While the technical indicators are looking better and some institutions are starting to invest again, these signs alone don’t guarantee a long-term upward trend.

While XRP surpassing BNB in market cap looks concerning, the actual usage of the BNB chain remains strong. The key now is whether this consistent activity will eventually lead to a price increase, which hasn’t occurred so far.

Ultimately, the bigger economic picture still holds the most sway for both Bitcoin and the broader market. Even strong technical indicators aren’t reliable if Bitcoin’s price unexpectedly falls. While conditions seem right for continued gains, the crypto market often defies expectations and turns predictable strategies into losing ones.

This article is for informational purposes only and shouldn’t be taken as financial, investment, or trading advice. Coindoo.com doesn’t recommend any particular investment or cryptocurrency. Before making any investment decisions, be sure to do your own research and talk to a qualified financial advisor.

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2026-03-18 13:27