$XRP Abundance on Binance Hits Lowest Level Since January 2025
The scarcity of XRP on Binance has dropped to its lowest level since January 2025, according to CryptoQuant data. The Scarcity Index, which tracks changes in XRP availability relative to historical supply conditions, has fallen from near-neutral levels in late August to approximately -0.94.
This shift indicates that Binance currently has more readily available XRP than during the supply-tightening phase earlier this year. In July, the index climbed to around 0.77, its highest level in roughly two years, as XRP supply on Binance tightened.
The change in availability can increase the amount of XRP that could potentially be sold if holders decide to exit positions, but it does not confirm selling activity. Confirming stronger sell pressure would require supporting data from Binance XRP reserves, exchange inflows, spot volume, and order-book activity.