Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

XRP Trading Volume Plummets by 97% on Binance

Guavy AI Editorial Team
Instruments
BNB XRP
Share

XRP's trading volume on Binance has plummeted to approximately $32 million, down from its peak of over $1 billion. This represents a staggering 97% decline in daily trading activity.

The drop has been attributed to various factors, including the shrinking supply of XRP on the exchange and reduced selling pressure. According to reports, XRP reserves on Binance have fallen to around 2.5 billion tokens this year, indicating fewer large holders are moving tokens onto the exchange.

Ripple's continued expansion of its business operations has been cited as evidence of institutional conviction in the project's future, despite concerns over the declining volume.

More on Crypto

Crypto 1m ago

Bitcoin Crashes Below $63K Amid Widespread Crypto Selloff

Crypto 1m ago

Zcash Activates Ironwood Upgrade to Secure Private Transactions

Crypto 2m ago

MCP Unveils Stateless Architecture in Latest Spec Update

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy