Wrapped XRP Launches on Multiple Blockchains
Update: 2025-12-12
Description
Hex Trust unveils wrapped XRP (wXRP) for DeFi and cross-chain use, launching on platforms like Ethereum, Solana, Optimism, and HyperEVM. With over $100 million initially locked, wXRP offers immediate liquidity and regulated, automated creation and redemption. RippleX supports this initiative, aiming to boost XRPs long-term utility. Despite positive structural implications, XRPs price remains range-bound, influenced by current market conditions and technical trading patterns.
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