Binance Reveals 16 Million XRP Increase in User Balances by May 2026

Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Analysis of Binance's latest April Proof of Reserves reports revealed growth in XRP holdings, as net user balances in XRP increased by 16.09 million tokens, while the stablecoin segment showed a clear preference for regulated American assets. Advertisement According to the platform's official on-chain data, Net Account Balances in XRP increased during April from 2.587 billion to 2.603 billion tokens. The total On-chain Wallet Balance on Binance wallets reached 2,630,051,340 XRP as of May 1. The reserve ratio stood at 101.01%, confirming full coverage of customer liabilities. This increase coincided with XRP price holding the strong $1.41-$1.50 technical corridor and with record capital inflows into U.S. spot XRP ETFs totaling $81.59 million during the month. The trend also found its direct continuation this month as during just the first 10 days of May, net inflows into spot XRP funds increased by another $34.21 million. HOT Stories Veteran Trader Peter Brandt Calls 'Major Bottom' for SUI 3 Reasons Why Hyperliquid (HYPE) $50 Rally Failed, Bitcoin (BTC) Has No Fuel Left, Toncoin (TON) Critical Market Correction Begins: Crypto Market Review Binance's latest Proof of Reserves report, Source: Binance Against the backdrop of such persistent dynamics from regulated funds, there are strong reasons to expect that Binance's May Proof of Reserves report will record further confident growth in user balances and the continuation of the XRP accumulation phase on the largest crypto exchange. Advertisement Hidden capital rotation inside Binance's reserves The main trigger behind the market changes in April was not only direct fiat inflows, but an internal redistribution of stable assets. A comparison of stablecoin balances, mainly USDT and USDC, on Binance during the reporting month exposed a shift in trader priorities ahead of the May hearings in the U.S. Senate regarding CLARITY Act . Customer positions in the leading stablecoin declined by $385.84 million (-1.10%), while balances in Circle's stablecoin surged by $547.55 million (+6.29%). USDC's coverage ratio on Binance increased to an excessive 106.66%, forming a powerful liquidity cushion. You Might Also Like Mon, 05/11/2026 - 09:35 XRP Records 1,220% Jump in 7-Day ETF Inflows Worldwide, US and Germany Keep Leading By Gamza Khanzadaev Advertisement Interestingly, all of the liquidity released from USDT, and even more than that, moved into the regulated USDC. However, there was still free capital left in the market, which was redistributed across major altcoins, ultimately driving the net inflow of 16 million XRP to exchange addresses. #XRP #Binance #XRP News #Ripple News