XRP (XRP) trading volume on Binance has fallen to one of its lowest levels since 2025, according to on-chain data, as the token struggles to attract buyers amid weeks of sluggish price action.
Binance XRP Volume Decline
On-chain analyst Arab Chain flagged the drop in a Quicktake post on the CryptoQuant platform. The key metric — XRP Volume Z-Score (30d) — measures how far current trading volume deviates from its 30-day average.
That score recently slipped below -1, one of the weakest readings recorded this year. A negative Z-Score means activity sits below the historical average, pointing to thinner liquidity and fewer participants.
The decline has tracked alongside a sustained drop in XRP's price, suggesting weak participation is dragging on price action. Fewer buyers are stepping in to provide support.
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Arab Chain's Consolidation Outlook
Arab Chain noted that falling volume often coincides with periods of market anticipation, when investors wait for clearer signals before opening new positions. Short-term holders, who tend to chase momentum, appear to be pulling back.
The analyst described such phases as typical consolidation, where prices drift sideways as both buyers and sellers remain cautious. "This pattern is common after periods of high activity, as the market tends to enter a rebalancing phase," Arab Chain wrote.
Whether this resolves to the upside depends on whether volume recovers — a pickup would signal renewed confidence, while continued weakness risks prolonging the stagnation.
XRP Price Swings in Recent Weeks
XRP traded at roughly $1.33 at the time of reporting, up a modest 0.7% on the day. The token had briefly rallied on Apr. 7 after tensions between the United States and Iran showed signs of easing, but that move failed to reverse a broader multi-week downtrend marked by low volatility and thin participation.
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