XRP reserves on Binance have fallen to a new multi-year low, according to on-chain data from CryptoQuant retrieved on November 9, 2026. The XRP reserves on Binance – Simple Moving Average (SMA) stood at 2,602,538,678.3 tokens on Sunday.
Sharp Decline in Exchange Balance
Over the past 30 days, XRP reserves on Binance declined sharply, with the exchange balance falling by nearly 42 million tokens. The altcoin has been hovering above a crucial support level at $1, and Binance’s XRP reserves capitulated by more than $42 million over the four weeks.
Historically, a reduced XRP balance on Binance has been associated with bullish sentiment. The shrinking reserves reduce the available tokens for trading, which may also suppress selling pressure.
Price and Trading Volume
Despite the on-chain data showing rising demand, XRP’s price has been trapped in a choppy consolidation. Over the past 24 hours, the altcoin fell by more than 5% to $1.09, according to CoinMarketCap. However, the token’s 24-hour trading volume soared by nearly 300% to $3.5 billion at the time of publication.
Outlook Tied to Institutional Adoption and Tokenization
The term outlook for the altcoin is well positioned to be influenced by mainstream institutional adoption. Additionally, the token has significantly benefited from the XRP Ledger tokenization growth.
At the time of reporting, the Distributed Asset Value (DAV) – real world assets (RWA) tokens using blockchain as a distribution layer – on the XRPL network had rallied by nearly 30% over the past 30 days to $643 million, according to RWA.xyz.
