#xrp
XRP Tradable Supply on Binance Tightens as Scarcity Hits Four-Year High
The $XRP Binance Scarcity Index reached approximately 2.1, its highest level since 2022, Cryptoquant contributor Arab Chain shared in a Nov. 5 analysis. The gauge measures relative $XRP availability for trading on Binance, with higher readings indicating greater scarcity. Its latest level followed negative readings throughout September and October and marked its highest point since 2022.
Earlier fluctuations included sharp declines during 2023 and 2024, followed by improvements through parts of 2025 and 2026. The analyst stated:
“This development points to a decline in the amount of xrp available for trading on Binance, reflecting a relative reduction in circulating exchange supply and an increase in scarcity.”
Price implications depended on demand, buying activity, and liquidity movements, the analysis explained. A sustained reduction in available tokens could influence the exchange’s supply-and-demand balance if buying strengthened. The analyst added: “If this trend continues, it could limit the amount of xrp available to traders on the platform.”
Binance’s xrp Scarcity Index climbed to approximately 2.1, its highest reading since 2022, signaling tighter trading supply. Source: Arab Chain/Cryptoquant.
Binance Reserves Rose Alongside the Scarcity Signal
Cryptoquant contributor Amr Taha placed Binance’s xrp reserves at 2.63 billion on Nov. 5, up from 2.35 billion on Nov. 3. The 280 million xrp increase measured total exchange holdings, a separate metric from the scarcity index.
Trading conditions also depend on order-book depth and spreads. Depth measures the amount of buy and sell orders available at different prices, showing how much trading a market can absorb. A shallow order book can experience sharp price movements when a large order arrives.#Write2Earn $XRP
XRP Tradable Supply on Binance Tightens as Scarcity Hits Four-Year High
The $XRP Binance Scarcity Index reached approximately 2.1, its highest level since 2022, Cryptoquant contributor Arab Chain shared in a Nov. 5 analysis. The gauge measures relative $XRP availability for trading on Binance, with higher readings indicating greater scarcity. Its latest level followed negative readings throughout September and October and marked its highest point since 2022.
Earlier fluctuations included sharp declines during 2023 and 2024, followed by improvements through parts of 2025 and 2026. The analyst stated:
“This development points to a decline in the amount of xrp available for trading on Binance, reflecting a relative reduction in circulating exchange supply and an increase in scarcity.”
Price implications depended on demand, buying activity, and liquidity movements, the analysis explained. A sustained reduction in available tokens could influence the exchange’s supply-and-demand balance if buying strengthened. The analyst added: “If this trend continues, it could limit the amount of xrp available to traders on the platform.”
Binance’s xrp Scarcity Index climbed to approximately 2.1, its highest reading since 2022, signaling tighter trading supply. Source: Arab Chain/Cryptoquant.
Binance Reserves Rose Alongside the Scarcity Signal
Cryptoquant contributor Amr Taha placed Binance’s xrp reserves at 2.63 billion on Nov. 5, up from 2.35 billion on Nov. 3. The 280 million xrp increase measured total exchange holdings, a separate metric from the scarcity index.
Trading conditions also depend on order-book depth and spreads. Depth measures the amount of buy and sell orders available at different prices, showing how much trading a market can absorb. A shallow order book can experience sharp price movements when a large order arrives.#Write2Earn $XRP
