The Solana ecosystem has officially integrated Wrapped XRP (wXRP), allowing holders of the XRP Ledger's native asset to access decentralized finance (DeFi) opportunities without selling their tokens. Solana confirmed the news on Friday, detailing that this implementation is possible thanks to the collaboration with Hex Trust and the LayerZero interoperability protocol.
U.S. spot XRP ETFs attracted $41.64 million in just four days, marking their strongest weekly inflow since mid-January and pointing to renewed institutional demand. Total assets reached around $1.08 billion, led by Bitwise and Franklin products.
The crypto market is buzzing after new speculation about a potential collaboration between Solana (SOL) and XRP spread across social media. This comes alongside claims of a wrapped XRP (wXRP) expansion into Solana-based decentralized finance.
XRP is shifting from a simple bridge asset into productive collateral within decentralized finance (DeFi), according to Evernorth's CEO.
More than $1.2 million worth of wrapped XRP tokens (wXRP) have been minted on Solana as the Ripple-linked asset gains greater DeFi utility.
XRP's move above $1.40 marks a clear structural shift, with $1.70 now emerging as the next key level to watch.
Stuart Alderoty, Ripple's chief legal officer, has lambasted a newly released documentary directed by Hollywood actor Ben McKenzie.
XRP price has risen 4.51% to $1.48 as volume hit $4.52B, while traders watched $1.50 resistance and negative Binance funding rates.
XRPL RWA activity has risen about 875%, lifting total tokenized value to roughly $2.3 billion to $2.5 billion and pushing the network deeper into institutional finance. The ledger now supports more than 100 tokenized assets, while stablecoin liquidity and institutional demand are improving utility and transaction flow.
The announcement came just as both underlying assets experienced substantial price rebounds over the past 24 hours.
XRP price shows short squeeze potential as Binance funding rates stay negative and weekly gains reach 7.89%.
Bitcoin climbed to $77,000 on Friday, coinciding with nearly $1 billion in liquidations of mostly shorts. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $77,245.02 Ethereum (CRYPTO: ETH) $2,422.90 Solana (CRYPTO: SOL) $89.21 XRP (CRYPTO: XRP) $1.47 Dogecoin (CRYPTO: DOGE) $0.1003 Shiba Inu (CRYPTO: SHIB) $0.056379 Notable Statistics: Coinglass data shows 182,798 traders were liquidated in the past 24 hours for $818.97 million.