XRP Supply Tightens On Binance As Scarcity Index Signals Limited Liquidity

XRP has reclaimed the $1.40 level as the broader cryptocurrency market begins to show renewed bullish behavior after a period of volatility and consolidation. The recent move higher suggests that buyers are gradually regaining momentum, with traders closely monitoring whether the asset can sustain strength above this key psychological level. Related Reading: $61.9M Ethereum Buy Sparks Speculation – Mystery Whale Turns $1M Profit Overnight While price action indicates improving sentiment, new on-chain data suggests that underlying supply dynamics may also be shifting. According to a recent CryptoQuant analysis by Arab Chain, metrics tracking XRP liquidity on Binance point to notable changes in the balance between supply and demand. The report highlights data from the XRP Binance Scarcity Index, an indicator designed to measure the relative availability of XRP on the exchange compared to historical levels. This metric helps analysts determine whether the market is experiencing abundant s