$XRP
XRP Spot Trading Volume Is Losing Momentum
XRP is facing a notable slowdown in spot market activity on Binance.
According to CryptoQuant data, Binance’s 7-day average daily XRP spot volume dropped from $597 million on August 26 to just $168 million on October 11 — a decline of approximately 72%.
But does this mean traders are losing confidence in XRP?
Not necessarily. Lower spot volume can signal weaker buying interest, reduced participation, or traders waiting for a clearer market direction. Meanwhile, futures trading is taking a larger share of activity.
The key question now is whether spot demand returns to support XRP’s next move.
Are you bullish or bearish on XRP?
XRP Spot Trading Volume Is Losing Momentum
XRP is facing a notable slowdown in spot market activity on Binance.
According to CryptoQuant data, Binance’s 7-day average daily XRP spot volume dropped from $597 million on August 26 to just $168 million on October 11 — a decline of approximately 72%.
But does this mean traders are losing confidence in XRP?
Not necessarily. Lower spot volume can signal weaker buying interest, reduced participation, or traders waiting for a clearer market direction. Meanwhile, futures trading is taking a larger share of activity.
The key question now is whether spot demand returns to support XRP’s next move.
Are you bullish or bearish on XRP?