XRP Exchange Supply is at 8-Year Lows: Bullish Trigger for 2026 Rally?

The supply of XRP on exchanges has plummeted to an 8-year low, dropping by 2.16 billion tokens since October 8th, indicating that holders are moving assets off exchanges, which signals reduced selling pressure and increased upside potential.

This sharp decline coincided with record exchange outflows, suggesting strong accumulation by large holders, possibly driven by institutional interest like ETFs, which could shift XRP into a more structural phase and tighten liquidity.

For a sustained recovery in 2026, XRP must maintain support above the key demand zone between $1.60 and $1.84, with $1.78 being the most significant support level identified by on-chain data; failure to hold this level would negate recovery hopes.

(Source：Cointelegraph)