Binance XRP scarcity indicator hits 0.59, highest since 2024 as price hovers near $1.35
XRP is trading around $1.35, while Binance-related on-chain data show fewer tokens available for immediate sale. According to an Arab Chain report, the Binance XRP scarcity indicator rose to 0.59, its highest reading since 2024, suggesting exchange supply is shrinking as coins move into private wallets. Separately, XRPUSDT has posted a 1.75% daily gain to $1.3510, but the broader downtrend described in the report remains intact.