Expert Forecasts $5 XRP Price As Exchange Balances Plummet By 57%

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NewsBTC • January 24, 2026 at 06:00 • Analysis
XRP has given back all of its early‑year gains, sliding toward the $1.90. Despite the pullback, several on‑chain and market indicators are pointing to a possible breakout from current levels, driven largely by a sharp decline in XRP held on exchanges.  XRP Exchange Balances Slide To 1.5B Market analyst Sam Daodu notes that over the past months, a substantial portion of XRP has steadily moved off centralized trading platforms and into long‑term storage and institutional custody.  On‑chain figures indicate that XRP exchange balances dropped from roughly 4 billion tokens in early 2025 to about 1.5 billion by late December. This 57% decline represents the steepest annual reduction in XRP exchange supply on record. Related Reading: Binance Forms New Company In Greece, Mov...

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