XRP Just Settled $291 Million On-Chain, Almost Nothing Hit Binance: Find Out What’s Happening

Then there is the Binance inflow figure, which is the most striking data point in the entire report. While 291 million XRP settled on the blockchain — institutional remittances, OTC transactions, custody movements — only 1.36 million XRP entered Binance. In markets where exchange inflow typically tracks or exceeds on-chain activity, this ratio now almost inverts. The overwhelming majority of XRP moving through the network is going nowhere near the sell side.

That is the supply shock the analysis has been building toward. When coins are being used for legitimate settlement and custody rather than deposited on exchanges to be sold, the available liquid supply tightens with every transaction. Selling pressure cannot come from coins that never arrive at exchanges.

The report’s conclusion is direct: at $1.41, the price has not yet caught up to what the on-chain data is describing. The adjustment, it argues, is still in its early stages — and the network is already doing the work that makes it inevitable.

XRP Stabilizes Below Key Resistance

XRP’s higher-timeframe structure shows a market still in a corrective phase, but beginning to stabilize after an extended decline. Following the mid-2025 peak above $3.50, the price entered a sustained downtrend defined by consistent lower highs and a breakdown below the 100-day and 200-day moving averages. That trend accelerated into early 2026, culminating in a sharp selloff that briefly pushed XRP toward the $1.20 region, accompanied by a spike in volume that suggests capitulation.

XRP consolidates in a range | Source: XRPUSDT chart on TradingView

Since then, the price has shifted into a consolidation range between roughly $1.30 and $1.50. This range is forming just below the 200-day moving average, which continues to slope downward and acts as a key macro resistance level. The 50-day moving average has flattened and is beginning to curl upward, reflecting improving short-term momentum, but without yet confirming a structural reversal.

Volume has declined steadily following the capitulation event, indicating reduced participation and a market in wait-and-see mode. The repeated defense of the $1.30 area points to emerging demand, while the inability to break above $1.50 highlights persistent overhead supply.

This compression typically precedes expansion. A confirmed break above $1.50–$1.60 would signal a shift toward recovery, while a loss of $1.30 would likely resume the broader downtrend.

Featured image from ChatGPT, chart from TradingView.com