XRP exchange reserves hit 8-year low, fueling bullish outlook for 2026

XRP reserves on exchanges have fallen to their lowest level in eight years, fueling expectations of a price increase from a potential supply shock, Cointelegraph reported. According to data from Glassnode, the balance of XRP on exchanges dropped sharply from 3.76 billion on Oct. 8 to 1.6 billion by the end of December, the lowest amount since 2018. Cointelegraph's analysis suggests this indicates a weakening willingness to sell among holders and that large-scale accumulation is underway. The report added that with a key support level around $1.78, the combination of potential ETF inflows and shrinking liquidity could position XRP for a structural bull market in 2026.