XRP Tradable Supply on Binance Tightens as Scarcity Hits Four-Year High

XRP's tradable supply on Binance has tightened, with the exchange's scarcity index climbing to roughly 2.1—its highest reading since 2022—even as separate reserve data show rising overall exchange holdings. The divergence highlights the gap between coins available for active trading and total balances held on the platform. The tightening comes as XRP's market cap and liquidity remain sensitive to exchange-level supply dynamics. Traders are watching whether the scarcity signal translates into price support or is offset by the growing reserve stockpile.