XRP Scarcity Index Hits 20-Month Low as Tradable Supply Rises
The XRP scarcity index on Binance has reached a 20-month low, falling to -0.94 according to CryptoQuant data. This is the lowest level since January 2025.
This decrease in scarcity could add to future selling pressure as more XRP becomes available for trading on the exchange.
However, some analysts suggest that this shift may also reflect routine liquidity provision by market makers, rather than a change in actual holdings.