BitMine Ethereum Holdings Top 6 Million ETH After $46 Million Purchase 
Pi Network Price Holds $0.087 as Protocol 28 Mainnet Upgrade Nears 
Solana Price Eyes $150 as ETF Inflows Extend 11-Week Streak 
Bitcoin Slides Toward $83K as Treasury Yields Hit 2007 High 
Bitcoin Eyes Another ‘Uptober’ Rally After Strong September Gains 
IRS Warns Crypto ETFs Over Tax Loophole Risks 
El Salvador Turns to Stablecoins as Bitcoin Payments Struggle 
Peter Brandt Flags Stellar (XLM) as Long-Shot Crypto Bet 
Ethereum Price Eyes $2,800 as Buterin Maps Quantum-Safe Future 
Global Derivatives Monitor: BTC & ETH Options & Futures Matrix 
Cardano Price Rebounds, but ADA Faces Tough October Record 
Bitcoin Futures Open Interest Plunges 49,000 BTC in Biggest Drop Since 2025 
Solana ETFs Draw Record $188M Weekly Inflows as Bitwise BSOL Leads 
Strategy Buys 1,665 Bitcoin as BTC Holdings Reach 847,666 
QNT Whales Move $10M to Exchanges After 400% Rally 
Bitwise Launches NEAR ETF as $562 Bull Case Fuels AI Crypto Buzz 
Add as a preferred source on Google
XRP’s Binance Scarcity Index has fallen to -0.94, its lowest level since January 2025, indicating that more XRP tokens are readily available for trading on the world’s largest crypto exchange.
The latest reading represents a significant reversal from July, when the XRP Binance Scarcity Index climbed to 0.77, its highest point in roughly two years. The sharp decline suggests that XRP’s available trading supply on Binance has increased considerably in recent months.
The scarcity index measures how scarce XRP is on Binance compared with historical levels. A positive or rising reading generally indicates fewer tokens are immediately available for trading, potentially reducing sell-side pressure. A negative reading signals greater availability, which could increase the amount of XRP that can potentially enter the market.
CryptoQuant data shows that Binance’s overall XRP reserves have declined by approximately 20% since November 2024. However, the XRP remaining on the exchange appears to be more actively available for trading rather than being held in inactive or cold-storage wallets.
Analysts caution that greater XRP availability does not necessarily mean investors are selling. Increased exchange liquidity can raise the risk of future selling pressure, but it may also result from routine market-making activity or changes in how existing XRP reserves are managed.
Despite the bearish shift in the scarcity indicator, XRP price has remained relatively resilient. The cryptocurrency is trading near $1.55, gaining about 3.4% over the past 24 hours. XRP has also risen roughly 10% over the past month and remains more than 46% higher over the past year.
Meanwhile, prediction-market traders have become less optimistic about XRP reaching a new all-time high before the end of 2026. Polymarket odds for XRP setting a record by December 31 have dropped to around 6%.
Traders are now likely to monitor Binance XRP reserves, exchange inflows and other on-chain indicators for evidence of actual distribution. While increased exchange supply can precede selling pressure, the scarcity index alone does not determine XRP’s future price direction.
