XRP breaks $2.12 as shrinking exchange supply lead to price squeeze higher

XRP, the digital currency associated with Ripple, has recently surpassed the $2.12 mark as a result of a significant reduction in the supply of coins available on exchanges. This decline in available supply has created a price squeeze, pushing the value of XRP higher as demand continues to outpace the dwindling supply in the market. As traders and investors react to these market conditions, the momentum has led to increased buying interest, further driving up the price of XRP beyond the crucial $2.12 threshold. source: https://www.coindesk.com/markets/2026/01/05/xrp-breaks-usd2-12-as-shrinking-exchange-supply-lead-to-price-squeeze-higher