XRP Supply on Exchanges Hits 7-Year Low: What It Means

XRP supply on exchanges has hit a significant milestone, plummeting to a historic low of just 1.6 billion tokens, down from a staggering 3.76 billion, as noted by Cointelegraph.This substantial drop reflects shifting dynamics within the cryptocurrency market, indicating that traders are increasingly opting to hold onto their XRP rather than trading them actively.