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XRP Falls to Sixth Largest Cryptocurrency as Binance's XRP Supply Reaches 2.61 Billion
FG
FOMOGRAM Editorial Desk
Aug 8, 2026
EXECUTIVE SUMMARY
XRP exchange supply on Binance surged to 2.61 billion tokens with increased deposit trends, coinciding with market selling pressure and declining prices. XRP slipped to the sixth largest cryptocurrency by market cap.
XRP exchange supply on Binance surged to 2.61 billion tokens with increased deposit trends, coinciding with market selling pressure and declining prices. XRP slipped to the sixth largest cryptocurrency by market cap.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
An increased supply on Binance signals selling pressure on XRP, likely to exert short-term downward pressure on price.
BNB OVERALL MARKET INDEX: 45 / 100 (NEUTRAL)
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