XRP reserves on Binance have reached an all-time high, highlighting the growing interest of investors in Ripple's assets. This news has drawn the attention of market players.
Record XRP Reserves on Binance
According to Cryptoquant data, XRP reserves on Binance amounted to 3,591,448,683 tokens as of September 9, 2025, marking a historical high. This uptick of about 670 million tokens in just a week indicates significant inflows into Ripple.
Institutional Interest and Its Impact
The current rise in institutional interest in XRP is linked to its applications in cross-border payments supported by Ripple's technologies. Requests for XRP exchange-traded funds (ETFs) from companies like Bitwise, Grayscale, and 21Shares indicate heightened interest. Trends in the broader cryptocurrency market are also fueling XRP's appeal.
Growth Prospects for XRP
Analysts predict that sustained institutional accumulation could lead to a supply crunch in the market, potentially pushing prices toward the $4–$5 range. Currently, XRP is trading at $3.05, reflecting a 1.26% increase over the past day.
Thus, the record XRP reserves on Binance, combined with rising institutional interest, create positive expectations for Ripple and may determine the direction of its price movement in the coming months.
