Binance's XRP Scarcity Index Plummets to Lowest Level Since January 2025

The Binance Scarcity Index for XRP has dropped to -0.94, its lowest level since January 2025, indicating that more tokens are available on the exchange for trading.

This marks a sharp reversal from July, when the index reached a two-year high of 0.77.

A rising or positive index is typically bullish, as less XRP is readily available on Binance, reducing potential sell-side supply and allowing prices to move up more easily.

The drop in scarcity index has led some analysts to suggest that the increased availability of XRP on the exchange may raise selling pressure in the future.