Binance XRP Scarcity Gauge Nears Four-Year High
A tightening of XRP’s tradable supply on Binance coincided with a broader downturn in crypto prices.
A tightening of XRP’s tradable supply on Binance coincided with a broader downturn in crypto prices. XRP (XRP) is trading at ₹114 ($1.21), down 0.8% since this brief published. This is an original Token Times brief based on reporting by Bitcoin.com, with live market data added, as of Fri, 06 Nov 2026 04:00:02 UTC.
The divergence between available supply and broader exchange reserves matters because it signals constrained trading liquidity without indicating that Binance is reducing its total XRP holdings.
- Binance’s XRP scarcity gauge reached about 2.1, its highest since 2022.
- Separate reserve data showed rising exchange holdings despite tighter tradable supply.
- XRP traded at $1.22, down 6.89% over 24 hours.
- The total crypto market stood at $2.62 trillion amid broad losses.
- Large XRP Holders Dominate Binance Outflows at a 13-Month High
- Binance XRP Scarcity Gauge Nears Four-Year High — this brief
Bitcoin.com reported that an analysis found 
XRP’s tradable supply on Binance tightening as the XRP Binance Scarcity Index climbed to approximately 2.1. The reading was described as the gauge’s highest level since 2022, indicating less immediately available supply relative to the measure’s historical pattern.
The analysis also drew a distinction between scarcity on the trading venue and total exchange reserves. Separate reserve data showed XRP holdings across exchanges rising, meaning that the higher scarcity gauge did not correspond to an outright reduction in balances held by the exchange.
XRP’s broader market position remained substantial despite short-term weakness. The token was priced at $1.22 with a market capitalization of $77.24 billion, while its 24-hour decline was 6.89%. Its seven-day change was comparatively modest at negative 0.56%, suggesting that the larger recent move occurred within the latest day.
The wider crypto market was broadly lower, with total capitalization at $2.62 trillion. Bitcoin fell 5.47% over 24 hours, while the Fear & Greed Index stood at 28, within the Fear zone. Under those conditions, the stronger XRP scarcity reading did not prevent a sharp daily price decline.
The key distinction is between the supply readily available for trading on Binance and the broader pool of XRP retained in exchange reserves. Continued movements in those two measures, alongside whether scarcity and reserve trends remain divergent, would clarify how the liquidity picture is developing as XRP trades in a risk-off market.
Since this brief published about 2 hours ago, XRP (XRP) has moved from ₹115.34$1.22 to ₹114.39$1.21 — -0.82%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₹124.7 (about $1.21), down 8.0% over 24 hours. The rupee itself trades about 9.0% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Binance XRP Scarcity Gauge Nears Four-Year High — questions & answers
How high did Binance’s XRP scarcity gauge climb?
The XRP Binance Scarcity Index reached approximately 2.1, its highest reading since 2022, according to Bitcoin.com.
Does the gauge indicate Binance is selling XRP?
No. The report said the gauge concerns tradable supply on Binance, while separate reserve data showed exchange holdings rising.
How was XRP performing in the wider market?
XRP was $1.22, down 6.89% over 24 hours and 0.56% over seven days, with a $77.24 billion market capitalization.
How much is 1 XRP worth in rupee today?
About ₹124.7 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.21. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Has XRP's price moved since this brief was published?
XRP is down 0.82% since this brief first published — trading at ₹114 ($1.21) now versus ₹115 ($1.22) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Bitcoin.com. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.