XRP’s Odd Couple: Exchange Exodus and EU License Meet Price Indifference at $1.12
Veröffentlicht: 07.07.2026 um 17:31 Uhr, Redaktion boerse-global.de
A growing disconnect is playing out in XRP markets. On the one hand, the token is becoming harder to source on the world’s largest exchange, and Ripple just secured a landmark regulatory license in Europe. On the other hand, the price barely flinched, clinging to $1.12 as traders struggle to reconcile bullish supply-side signals with tepid spot demand.
The scarcity index for XRP, a measure that pits available tokens against market demand, has jumped to 0.77 — the highest reading since mid-2024. The raw numbers tell a stark story: Binance’s XRP reserves have shrunk from 3.27 billion tokens in November 2024 to just 2.6 billion today, with the pace of withdrawals accelerating notably since May. Investors are moving coins into private wallets faster than fresh deposits can replenish them, creating a genuine supply squeeze. Yet the expected price surge remains conspicuously absent.
Adding to the puzzle, Ripple secured full registration as a crypto service provider from Luxembourg’s CSSF on July 6, granting the company MiCA compliance across the European Economic Area. Combined with an existing e-money license, the move lets European banks and fintechs tap into Ripple’s full suite of crypto and stablecoin infrastructure through a single integration. The market’s response was decidedly underwhelming: XRP dropped 3.22% on the day of the announcement. Analysts point out that the license is structured around Ripple’s payment network and RLUSD stablecoin, not the XRP token itself, so a direct demand boost was never guaranteed.
Should investors sell immediately? Or is it worth buying XRP?
The recent price action suggests that the recovery from June lows was largely mechanical. Short sellers covered their positions aggressively, lifting the token out of its trough, but genuine spot buying in Western markets remained thin. Asia provided a counterpoint — on South Korea’s Upbit exchange, XRP trading volume briefly overtook Bitcoin’s. Still, that regional enthusiasm has yet to translate into a sustained global bid. This is not the first time a supply shock has failed to ignite a rally: a similar drawdown in March 2024 fizzled quickly, giving way to a wave of long liquidations that drove the token deep into the red.
Technically, XRP continues to trade within a descending wedge that has been compressing for months. The immediate support at $1.10 is holding for now, and clearing the resistance cluster around $1.17 to $1.20 on rising volume would signal a return of buyer conviction. A failure at $1.10 risks a retest of recent lows. Over the longer timeframe the picture is sobering: the token has lost roughly 40% over the past twelve months and sits more than 50% below its July 2025 cycle high of $3.65.
For now, the market appears to be pricing catalysts on a delay. The most watched pending trigger is the progress of the CLARITY Act in the U.S. Senate, a bill that could reshape the regulatory landscape for digital assets. Until that or another concrete demand driver materializes, XRP remains caught between a tightening supply side and a price that refuses to acknowledge it.
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