XRP Supply Tightens as U.S. Spot ETFs Draw Institutions and Price Holds in a Narrow Range

Overview

• Brave New Coin reports roughly 300 million XRP have left Binance since October 6, leaving about 2.7 billion on the exchange, with additional data showing more than 430 million XRP moving off centralized venues in recent days.
• U.S. spot XRP products rolled out in November from Canary, Franklin Templeton, Bitwise and Grayscale, and nearly 20 XRP-related ETF filings are now tracked at the SEC.
• XRP trades around $2.19–$2.25 and is consolidating between key levels, with near-term resistance clustered around $2.30–$2.40 and long-term support highlighted near $1.80.
• Network engagement has weakened, with Santiment showing daily active addresses sliding from above 581,000 in mid-June to about 19,200 this week.
• Coverage also flags investor rotation to payments-focused newcomers, with Remittix stating it has CertiK verification, an iOS wallet live on the App Store, more than $28 million raised in presale, and upcoming BitMart and LBank listings.