Xrp Supply On Exchanges Hits 8-year Lows: Will It Spark A 2026...
XRP exchange supply hits 8-year lows, tightening the available supply for sale and setting the stage for a potential 2026 supply-shock rally.
XRP (XRP) held above a key demand zone that has provided support for its price throughout 2025. Will holding this level and a reducing balance on exchanges trigger the start of a sustained recovery in 2026?
XRP supply on exchanges has dropped to an 8-year low, signalling reduced selling pressure.
XRP price bulls look to establish strong support at $1.78 for the next leg up.
As Cointelegraph reported, there has been a sharp decrease in the XRP supply on exchanges over the last 60 days, according to data from Glassnode.
Related: XRP price below $2: Negative sentiment signals ‘strong rebound’ ahead
The XRP balance on exchanges dropped by 2.16 billion tokens to 1.6 billion on Tuesday, from 3.76 billion on Oct. 8, levels last seen in August 2018.
A reducing balance on exchanges suggests a lack of intention to sell by holders, reinforcing the upside potential for XRP.
“$XRP supply tightens with about 1.5 Billion left on exchanges,” said trader and analyst LeviRietveld in a Monday post on X, adding:
The sharp decline coincided precisely with record exchange outflows, as the XRP net position change among exchanges fell by 1.4 billion XRP on Oct. 19, marking the largest spike in history.
Source: CoinTelegraph
