XRP Surges Past $1.50 as Momentum Rises on Binance with 663% Inflow Spike
XRP's price has surged past $1.50 as momentum continues to rise on Binance, propelling it toward further upsurge.
The recent data from crypto analytics platform CryptoQuant shows that Binance recorded a sharp increase in XRP inflows, with an average daily deposit of 21.7 million tokens during the week ending September 20.
This represents a 663% increase above Binance's quarterly baseline, yet the number of XRP tokens available on exchanges has not changed significantly.
XRP reserves on Binance have remained steady at around 2.63 billion tokens, only about 0.22% above the quarterly baseline.