Key Highlights
- XRP is trading between $1.36 and $1.41, with strong resistance around $1.55, making the price move sideways with no clear direction.
- Network activity is rising fast, with 4,300 new wallets created in 24 hours and more daily users, showing increased interest in XRP.
- XRP investment funds are seeing steady inflows of about $1.4 billion total, even while the price remains weak.
XRP is trading in a tight range in late May 2026, with traders closely watching as the price keeps bouncing between $1.36 and $1.41.
The token is stuck in what many call a “sideways market,” with no clear direction up or down. Buyers and sellers are both active, but neither side is strong enough to take control, which is why the price remains within a narrow band.
At the time of writing, XRP is trading around $1.35, down 1.65% within the last 24 hours. This adds up to about a 5.91% drop this week from a high of $1.44. In addition, its trading activity has dropped by 2% over the same daily time to about $1.73 billion, as its market cap holds steady at $83.7 billion.
XRP records 4,300 new wallets in 24 hours
Despite the price decline, XRP continues to show increased network activity. According to blockchain analytics firm Santiment, about 4,300 new XRP wallets were created within 24 hours, marking the fourth-largest daily jump in wallet creation this year.
This was a big jump compared to about 2,500 the day before. At the same time, daily active addresses went from 32,000 to 43,520. In short, more people are actively interacting with the XRP network.
However, overall network growth has remained weaker since late 2025, suggesting the recent spike may reflect short-term activity rather than a sustained increase in adoption.
XRP ETFs see $8.8M in inflows
The XRP investment product also saw some action from investors this week. According to data from Sosovalue, XRP ETFs recorded about $8.8 million in net inflows on May 21, adding to a six-day positive run.
Asset manager Canary brought in the largest fund of about $6.58 million, while Bitwise followed with $2.31 million in inflow.
This brings the total inflow in May to about $107.3 million, while total assets stood at around $1.15 billion. Overall cumulative inflows have reached about $1.4 billion.
XRP price stuck in a sideways trend
Despite the increase in network activity and ETF inflows, XRP price action is still weak. Looking at the daily chat, the token is struggling below a strong resistance zone at $1.55.
This area is important because it includes major price levels where many investors bought XRP earlier. Some of these holders may sell when the price returns to their entry level, which can slow down upward movement.
XRP previously surged about 21% from a low near $1.27 in April, but it stopped at $1.55 and failed to continue higher. If XRP can move above this level, it could provide momentum to start a long-term rally.
Moreover, the chart is currently displaying a falling wedge pattern, which is a bullish pattern, if the price breaks out, it could open a path toward higher levels, like $2.
Still, there is also risk in the market. There’s a possibility that XRP could first drop again in a “shakeout,” which means a quick fall that removes weak traders before any real upward move starts. This is why the market is still uncertain. In short, XRP, as of now, is in a tight and tense phase.
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