Binances XRP Scarcity Index Signals a Major Shift in Token Supply
XRP Binance Scarcity Index has dropped to -0.94, its lowest reading since January 2025, signaling that more tokens are now available for trading on the exchange. The shift marks a sharp reversal from July, when the same index hit a two-year high. What Is the XRP Binance Scarcity Index? The Binance Scarcity Index for XRP is basically a measure of how scarce XRP is on Binance compared with its normal/historical levels.A rising or positive index is typically bullish:Less XRP is readily available on Binance. That means less potential sell-side supply. If demand increases, price can move up more easily.A falling or negative index is generally bearish:More XRP is available on Binance. That means more potential supply that could be sold, which can create selling pressure. According to CryptoQuant data, the index sat at 0.77 in July, its highest level in roughly two years. It has now fallen to -0.94, the lowest point since January 2025. That is a notable swing within just a few months. XRP Binance Scarcity Index. Source: CryptoQuant Binances overall XRP reserves have actually dropped about 20% since November 2024. Still, the remaining coins appear more actively available for trading rather than sitting idle in cold storage. Analysts describe this as a shift in









