Binance XRP Reserves Soar to Three-Month High as Price Surpasses $1.50
XRP reserves on Binance have reached their highest level in three months, exceeding 2.6 billion tokens.
This surge comes as XRP trades above $1.50, part of a broader crypto market rally.
Exchange flow analysis suggests the increase is due to trading turnover rather than holders selling, which could alleviate immediate sell-pressure concerns and support token performance and adoption.