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XRP supply on Binance tightens as ETF inflows boost spot demand, aiding price recovery stability.

Market News
24 May 2026
AMBCrypto
View Source
Bullish
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Ripple's XRP exchange reserves on Binance have declined to about 2.70 billion XRP, reflecting reduced sell-side liquidity as investors move holdings off exchanges. This tightening supply coincides with strong institutional demand, with XRP ETFs accumulating roughly $1.41 billion recently, supporting spot market participation. Despite this, XRP faces resistance near $1.50-$1.52, indicating that stronger breakout volume is needed for sustained price gains. The balance of lower supply and steady demand currently supports a stable recovery but leaves momentum fragile without decisive buyer absorption of resistance levels.

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