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XRP Scarcity Index Hits Lowest Level Since January 2025 on Binance

Guavy AI Editorial Team
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BNB XRP
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The XRP scarcity index on Binance has dropped to -0.94, its lowest level since January 2025.

This indicates that more XRP tokens are becoming available for trading on the platform, potentially increasing selling pressure.

Binance's reserves remain low at around 2.6 billion XRP, down from nearly 3.27 billion in November 2024.

Despite this, deposits have sharply increased without causing a lasting accumulation of tokens on Binance, suggesting that incoming tokens may be quickly leaving the exchange or changing hands.

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