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XRP network activity spikes as price briefly tops $1.54, ETFs see $60.5M inflows but price slips back.

Market News
17 May 2026
Crypto news
View Source
Bullish
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XRP network activity surged to two-month highs after its price briefly rose above $1.54, driven partly by investor FOMO and increased transactions. Spot XRP ETFs recorded $60.5 million in weekly inflows, the strongest since December 2025, but the price failed to hold above key resistance and slipped back below $1.54. Despite the retreat, growing network activity and ETF demand suggest potential for mid- to long-term growth. The market awaits further developments, including the impact of the CLARITY Act in Washington, which could boost ETF inflows significantly if passed.

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