XRP Reserves on Binance Reach Six-Month Low Amid Price Shift
Binance's XRP reserves have fallen to their lowest level since February, coinciding with a slightly bullish price prediction for the cryptocurrency.
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Binance's XRP reserves have fallen to their lowest level since February, coinciding with a slightly bullish price prediction for the cryptocurrency.
Binance is prioritizing payments and financial services over trading, as it seeks to evolve into a comprehensive crypto super app amid stablecoin growth.
Binance's latest proof of reserves shows Bitcoin customer balances at 640,000, while USDT reserves decline for the second month in a row.
In June 2026, Binance Futures experienced an 80% increase in trading volume, while centralized exchange spot markets reached their lowest levels in two years.
In June, Binance futures volume rose 80% to $1.61 trillion, significantly outperforming competitors amid a general decline in crypto spot trading activity.