The XRP Ledger experienced a notable surge in activity after XRP briefly surpassed $1.54 for the first time in two months, according to data from Santiment shared on May 16.
Summary
- Activity on the XRP network climbed to a two-month peak as the price momentarily returned to levels unseen since March.
- Spot XRP ETFs recorded $60.50 million in weekly inflows, marking the highest weekly total since late December 2025.
- Despite the strong demand, the ETF momentum couldn’t sustain the breakout as XRP fell back below key resistance levels.
The analytics firm reported that the number of active addresses rose to 48,453, the highest since March 30.
Santiment also noted the creation of 3,317 new network addresses, the largest volume since March 19. The firm linked part of this growth to “general price FOMO,” but highlighted that a surge in transactions could foster mid- and long-term growth as it reflects true adoption.
In addition, spot XRP ETFs experienced a significant week of inflows. SOSoValue data indicated $60.50 million in net inflows for the week, the strongest since the week ending December 26. By May, total inflows nearly reached $95 million, surpassing April’s totals.
Crypto.news previously underscored the resurgence in demand for XRP ETFs prior to the latest weekly figures. On May 11, U.S. spot XRP ETFs recorded $25.8 million in daily net inflows, marking the highest single-day figure since January 5.
XRP breakout weakens near resistance
XRP sought to extend its upward trajectory following improved ETF inflows and progress related to the CLARITY Act in Washington. As previously reported by crypto.news, Standard Chartered projected an influx of between $4 billion to $8 billion in additional XRP ETF inflows if the CLARITY Act advanced through the Senate Banking Committee before May 21.
However, this momentum proved short-lived. XRP entered a well-known resistance zone before retreating. Data from Crypto.news indicated that Ripple’s native token (XRP) was trading around $1.42, with a market cap nearing $87 billion, positioning it just behind BNB among major cryptocurrencies.
Moreover, the recent ETF activity follows a robust April, during which XRP ETF products attracted $81.63 million, making it their most successful inflow month of 2026. This figure represented a sharp rebound from March’s $31.16 million monthly outflow.
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