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XRP price hovers near $1.36 amid strong ETF inflows and rising network activity.

Market News
23 May 2026
Blockonomi
View Source
Neutral
pluang ai news

XRP is trading around $1.36, struggling to break above key resistance levels despite strong institutional interest. Spot XRP ETFs have seen $12.57 million inflows this week, pushing total inflows to $1.39 billion and assets under management to $1.15 billion. Meanwhile, XRP reserves on Binance are declining, indicating accumulation, and the XRP Ledger saw a surge of 4,300 new wallets in one day, signaling growing network participation. However, XRP remains 62% below its July 2025 peak and faces significant resistance between $1.40 and $1.55, which it must overcome to trigger a bullish breakout.

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