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XRP tokens on Binance surge past 2.6 billion as XRP drops to 6th largest crypto by market cap.

Market News
08 Aug 2026
UToday
View Source
Bearish
pluang ai news

The amount of XRP tokens available for sale on Binance has risen sharply to 2.61 billion amid increased sell pressure and market volatility. This surge reflects declining investor confidence as XRP's price fell, causing its market capitalization to drop to about $64 billion. Consequently, XRP lost its position as a top 4 cryptocurrency, falling to the 6th largest by market cap, overtaken by BNB and stablecoins USDT and USDC. Despite bearish sentiment, XRP showed some recovery, briefly rising to around $1.04.

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