XRP Burn Rate Jumps 36% as Breakout Above $1.50 Ignites Demand

• XRP burn rate surged 36% as network activity accelerated during breakout.
• XRP outperformed Bitcoin and Ethereum after breaking major resistance above $1.50.
• XRP posted strongest monthly gains this year as bullish momentum continued.

CryptoQuant data showed XRP network activity accelerating as traders pushed the token above $1.50. Rising transaction activity coincided with a strong market rally that placed XRP among the best-performing major cryptocurrencies during Thursday trading.

According to the latest data from CryptoQuant, XRP’s burn metric climbed from around 415 on May 13 to nearly 565 by May 14. The increase represented a 36.14% surge within24h hours as more users interacted with the network. Since XRP transaction fees are permanently destroyed, growing burn activity often reflects heavier blockchain usage.

At the same time, XRP recorded an explosive price movement that helped the asset outperform Bitcoin (BTC) and Ethereum (ETH) over the same trading session. Market data showed XRP rallying more than 11% within one day while breaking through an important resistance zone near $1.50.

The rally pushed XRP from an intraday low around $1.4213 to nearly $1.5474 within several hours. Consequently, traders increased focus on the token as momentum continued strengthening across the broader market.

Also Read: Alert: Important XRP Metric Hits Two-Month Peak on Binance Amid Price Recovery – What You Should Know

XRP Trading Activity Expands as Momentum Strengthens

Growing demand across exchanges contributed to XRP’s recent breakout, while rising burn rates and accelerating trading volumes reflected stronger investor interest in short term momentum assets.  According to the report, many market participants linked the move to increasing retail and institutional interest. Although no single catalyst fully explained the rally, XRP benefited from improving sentiment throughout the cryptocurrency market.

Additionally, XRP has already recorded its strongest monthly performance so far this year, with market data showing the token gaining approximately 7.77% during May and surpassing previous monthly returns recorded in 2026.

Meanwhile, analysts continued monitoring whether XRP could maintain support above the reclaimed resistance zone. Sustained trading above $1.50 could encourage additional bullish momentum in the coming days. In conclusion, XRP entered a stronger technical position this week as price momentum and network activity accelerated simultaneously. Investors now remain focused on whether the token can extend gains throughout the remainder of May.

Also Read: Can XRP Break the $1.5 Resistance Now That the Clarity Act Is Cleared for Senate Floor?

The post XRP Burn Rate Jumps 36% as Breakout Above $1.50 Ignites Demand appeared first on 36Crypto.