XRP Inflows to Binance Hit 2026 Low as Selling Pressure Eases
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In May 2026 Binance recorded only about 215 million XRP of inflows, the lowest monthly deposit level of 2026, suggesting fewer holders are sending tokens to the CEX and keeping XRP in private wallets which reduces sell supply. XRP’s NVT ratio fell 24%, indicating stronger on-chain activity relative to market valuation and pointing to easing selling pressure with potential positive implications for price and broader crypto adoption.
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- XRP inflows to Binance fell to 215 million in May, the lowest deposit level of 2026.
- Declining exchange inflows suggest holders are keeping XRP in private wallets, reducing sell supply.
- NVT ratio dropped 24%, indicating strong network activity relative to XRP’s current market valuation.
A notable change is emerging in XRP’s on-chain activity. Binance, the token’s largest trading venue, recorded its lowest monthly XRP inflows of 2026 in May. Only around 215 million XRP flowed into the exchange during the month, significantly below the levels seen earlier this year.
Because exchange deposits are often associated with investors preparing to sell, the decline hints that fewer holders are moving XRP onto trading platforms. Instead, many appear to be keeping their tokens in private wallets, reducing the amount of XRP readily available for sale.
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