The XRP Ledger witnessed a notable uptick in activity after the token temporarily surpassed the $1.54 mark for the first time in two months, based on data from Santiment released on May 16. The analytics platform recorded 48,453 active addresses, marking the highest point since March 30. Additionally, the creation of 3,317 new network addresses was observed, the most since March 19. Santiment attributed part of this surge to price-driven FOMO but emphasized that genuine adoption could sustain long-term growth.
Meanwhile, spot XRP exchange-traded funds (ETFs) enjoyed a robust inflow week. SOSoValue data revealed net inflows of $60.50 million for the week, the strongest performance since the week concluding Dec. 26. Inflows for May have already reached nearly $95 million, surpassing April’s total. This recovery follows a trend noted earlier, with U.S. spot XRP ETFs recording $25.8 million in daily net inflows on May 11, their best single-day figure since Jan. 5.
XRP attempted to extend its rally amid improved ETF demand and progress on the CLARITY Act in Washington. Standard Chartered had projected an additional $4 billion to $8 billion in XRP ETF inflows if the act advanced through the Senate Banking Committee by May 21. However, the breakout failed to hold as the token slipped back from a familiar resistance zone. As per crypto.news data, XRP traded near $1.42 with a market cap around $87 billion, trailing BNB among major cryptocurrencies.
This latest ETF inflow streak follows a strong April, where XRP ETFs attracted $81.63 million, marking their best inflow month of 2026 and reversing March’s outflow of $31.16 million.