Hex Trust will offer wrapped XRP (wXRP) to expand XRP’s DeFi use. The asset will trade on Ethereum and other chains. wXRP launches with over $100 million in value locked, allowing for easy liquidity. RippleX supports the initiative, despite the market not immediately responding positively.

XRP remains in a consolidation phase, with resistance near $2.05. Buyers defend the $2.00 zone, but selling pressure persists above $2.05. Short-term outlook is neutral-to-bearish unless price surpasses $2.06–$2.08. A close above this level could signal a shift in momentum.

XRP rose 0.56% to $2.0341 but lagged behind other cryptos. Trading volume increased, with a low near $1.985 before bouncing back to $2.00. Price stabilized between $2.02 and $2.04, showing repositioning rather than strong conviction. Increased volume suggests institutional involvement in the market.

Read more at Yahoo Finance: XRP Lands on Solana, Ethereum and Others, in Boost for Ripple Ecosystem