XRP Price Jump Leads On‑Chain Activity to Erupt to Levels Not Seen Since March

XRP broke above 1.54 on May 15, the first time in two months. The move was fueled by Clarity Act optimism and general crypto market strength. But the pump was short-lived. The entire market entered a “sell the news” event after the Senate Banking Committee vote, and XRP pulled back 41.42. Bitcoin also lost the $80,000 level. However, behind the price action, XRP’s on-chain activity exploded to levels not seen since March. Let’s dig into the data and the short-term outlook.

Santiment: XRP On-Chain Activity Hits Month-High Levels

Santiment reported a clear spike in XRP Ledger activity. The price surge above 1.54 – the first time in two months – triggered the network’s highest on-chain activity since March.

Two metrics stood out. Active addresses reached 48,453 in a single 24-hour period. That is the highest count since March 30. New wallet creations hit 3,317, the highest since March 19. The chart shows both metrics spiking sharply around May 15–16, coinciding with XRP’s breakout above 1.54. The green line (active addresses) and orange line (network growth) both jumped vertically. The price candles show XRP climbing from 1.44 to $1.54 in the same window.

Santiment notes that much of this spike can be attributed to general price FOMO. Traders jumped in as XRP broke resistance. However, more transacting on a network is a key ingredient for mid- and long-term price growth. Higher adoption helps justify higher prices. The data suggests that while the immediate move was hype-driven, the underlying network usage did increase meaningfully.

XRP Price Outlook: The “Sell the News” Pullback

The pump above 1.54 was short-lived. The whole market entered a “sell the news” event around the Clarity Act committee vote. XRP has since dipped 41.42. Bitcoin also lost the 80,000 level, falling to around 79,500. The regulatory milestone was largely priced in, and traders took profits.

Short-term support for XRP sits at 1.38, a level that held during the previous consolidation. Below that, 1.30 is the next strong zone. Resistance remains at 1.48, then the recent high of 1.54. A clean break back above 1.48 would signal that the pullback is over. Until then, XRP is likely to range between 1.38 and $1.48.

The on-chain activity spike is a positive long-term sign, but short-term price action is driven by macro sentiment and profit-taking. If Bitcoin stabilizes above 79K, XRP could recover to 1.45–1.48 within days. If BTC drops further to 78K, XRP may test 1.38 or even 1.30.

XRP jumped above 1.54, pushing active addresses to 48,453 and new wallets to 3,317 – both month-highs. The move was partly FOMO, but higher on-chain activity supports long-term value. Then the market turned. Clarity Act “sell the news” pulled XRP down 41.42. Bitcoin lost 80K. Short-term support sits at 1.38. Watch for a recovery above $1.48 to signal the next leg up.

Read more XRP news: Can XRP Save Evernorth?

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