XRP Scarcity on Binance Reaches Highest Level Since 2022 – Here is What It Means

The post XRP Scarcity on Binance Reaches Highest Level Since 2022 – Here is What It Means appeared first on Coinpedia Fintech News

Even though XRP has extended its October selloff into November 2026, on-chain data analysis reveals a strong demand from investors. The XRX Binance Scarcity Index, a tool that measures liquid supply constraints on the largest cryptocurrency exchange by daily traded volume, has surged to 2.1, its highest level since 2022. XRP Binance Scarcity Index. Source: …