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Binance’s XRP Scarcity Index Signals a Major Shift in Token Supply
Published Source: BeInCryptoRead original
Crypto Insight Summary: 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 Crypto Insight Analysis: Direction: Bearish XRP Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Increased XRP liquidity on Binance may pressure prices in the short term.