XRP Tradable Supply on Binance Tightens as Scarcity Hits Four-Year High

Binance Scarcity Index for XRP Reaches a Peak Last Seen in 2022

A separate measure showed 418.5 million XRP leaving Binance on Nov. 4, but it tracks withdrawals rather than tokens available to trade.

XRP Tradable Supply on Binance Tightens as Scarcity Hits Four-Year High

XRP’s tradable supply on Binance tightened as a scarcity gauge reached its highest reading since 2022, according to a new analysis. Separate reserve data showed rising exchange holdings, highlighting the distinction between trading availability and total balances. XRP Scarcity Gauge Reaches Highest Reading Since 2022 The XRP Binance Scarcity Index reached approximately 2.1, its highest […]

XRP Scarcity on Binance Reaches Highest Level Since 2022 - Here is What It Means

The post XRP Scarcity on Binance Reaches Highest Level Since 2022 – Here is What It Means appeared first on Coinpedia Fintech News Even though XRP has extended its October selloff into November 2026, on-chain data analysis reveals a strong demand from investors. The XRX Binance Scarcity Index, a tool that measures liquid supply constraints on the largest cryptocurrency exchange by daily traded volume, has surged to 2.1, its highest level since 2…

Ripple XRP Scarcity on Binance Hits Highest Level Since 2022 as Reserves Jump by 280M: What Does the Weekly Chart Say?

Ripple XRP traders got two very different signals from Binance on Thursday, November 5: CryptoQuant put the exchange’s XRP Scarcity Index at its highest level since 2022, while its XRP reserves jumped by 280 million tokens in two days. One says XRP is getting harder to find on Binance. The other...