XRP Turnover and Liquidity Fall to Fresh Multi-Month Lows on Binance

Ripple news stayed in focus on April 3 as new market data showed XRP liquidity and trading turnover on Binance falling to fresh multi-month lows. The slowdown comes while XRP remains under pressure after failing to hold above $1.35 following a recent gain. At the same time, Ripple drew additional attention after a report outlined the economic impact of its earlier RLUSD donation to the small-business lender Accion Opportunity Fund.

XRP liquidity and turnover sink on Binance

CryptoQuant data cited in the report showed XRP’s 30-day liquidity index on Binance falling to about 0.062. The 30-day turnover index also dropped to roughly $4.46 billion, signaling weaker trading activity on the exchange.

Lower liquidity typically means fewer buy and sell orders across price levels. With thinner order books, even a single large trade can move price more quickly, particularly during short-term volatility.

The same dataset indicated reduced participation from both large and smaller traders. Market depth weakened as XRP pulled back from the April 1 high near $1.36, reinforcing signs of softer demand.

Longer decline in market activity

The report also pointed to a prolonged period of declining activity. Earlier March readings placed XRP turnover near 7.02 billion XRP and the liquidity index around 0.097, described as weak compared with earlier cycles.

Looking further back, Binance data from 2022 through 2024 showed a markedly different environment. During that period, XRP’s liquidity index moved above 3 at times, while turnover ranged between 180 billion and 240 billion XRP—levels associated with deeper order books and stronger trading flow.

According to the report, the downturn appears to have started in July 2025, when turnover began sliding and the liquidity index fell below 1 before continuing lower in subsequent months.

Exchange flow data adds context

In addition to market indices, exchange transaction data was used to frame the slowdown. Over the last 30 days, Binance recorded about 310,500 XRP deposit transactions and roughly 329,400 withdrawals, resulting in an estimated net difference of about -18,900.

XRP price structure remains below resistance

XRP’s price action aligned with the softer market readings. After reaching $1.60 on March 17 amid market tension tied to the Iran conflict, XRP traded within a descending channel characterized by lower highs and lower lows.

By March 27, the token had dropped below $1.35, which later turned into resistance. A move back to $1.36 on April 1 failed to hold, and XRP fell again on April 2, extending the short-term downtrend.

At press time, XRP traded at $1.31, slightly up over the past 24 hours, with a market cap of $80.59 billion. The report noted that recent price bars have become lighter, which may suggest easing selling pressure, but XRP still needs a clear move above $1.35 to break the current channel and improve the short-term structure.

Ripple donation report highlights broader economic effects

Separate from the XRP market data, Ripple and Accion Opportunity Fund (AOF) released additional details on the results of Ripple’s earlier $15 million RLUSD donation. The funds helped AOF unlock and deploy more capital to underserved small business owners in the United States.

The program funded 905 loans for 895 unique business owners. It also supported the creation of 1,003 jobs and the retention of 1,631 existing roles, while generating more than $100 million in broader economic activity.

The update also described how Ripple continues to use RLUSD beyond trading and settlement. AOF used part of the funding to expand advisory and educational support for borrowers through longer-term business programs.