XRP's trading volume on Binance has fallen to its lowest point since 2025, according to on-chain analysis. The XRP Volume Z-Score (30d) metric has dropped below -1, signifying trading activity is significantly below its 30-day average. This decline in user activity suggests a cooling market momentum and reduced liquidity.

Analysts attribute this trend to market anticipation, with investors awaiting clearer signals before entering new positions. Low trading volume often precedes consolidation phases, characterized by sideways or slow price movements as both buyers and sellers remain cautious. This pattern can also follow periods of high activity, as the market enters a rebalancing phase.
The current low-activity phase raises questions about whether it will reawaken momentum or worsen downside risk. A recovery in trading volume could signal growing confidence, while continued weakness may prolong market uncertainty. As of this writing, XRP is valued at approximately $1.35, with a 0.7% jump on the daily timeframe.
