• Hex Belief launches wXRP (wrapped XRP) on Ethereum, Solana, and different chains with over $100 million in preliminary liquidity
• CBOE approves itemizing of 21Shares Spot XRP ETF (TOXR), seeded with large $226 million capital injection by Ripple Markets
• These twin bulletins come as XRP ETF complete inflows strategy $1 billion and XRP technical indicators counsel volatility strain is constructing round $2.02.

Hex Belief, a regulated institutional custodian, mentioned it’s going to situation and handle Wrapped XRP (wXRP), a 1:1 backed type of XRP constructed for DeFi and cross-chain use.

wXRP permits Ripple’s XRP to maneuver between main chains with out counting on dangerous third-party bridges. Every wXRP is barely created when native XRP is deposited below the management of the Hex Belief, and every token is burned upon redemption, making certain an ideal provide match.

The platform says the brand new property will launch with a locked worth of over $100 million, making certain ample liquidity from day one.

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A regulated bridge to DeFi

The wrapped token can be accessible on Ethereum, Solana, Optimism, and Hyper-EVM at launch, enabling swaps, liquidity swimming pools, lending markets, and buying and selling pairs with Ripple’s RLUSD stablecoin.

Hex Belief mentioned customers and establishments will be capable of mint and redeem wXRP by a compliant automated system with full insurance coverage protection and custodial account auditing.

ETFs and staking push

Cboe approves 21Shares’ spot XRP ETF, labeled TOXR, making it the fifth XRP ETF within the US. The fund tracks the CME CF XRP greenback reference charge and makes use of Coinbase Custody, Anchorage Digital, and BitGo Belief as its multi-custodian mannequin.

Ripple Market additionally seeded the fund with 100 million XRP value about $226 million, giving it unusually robust liquidity. The TOXR ETF additionally has a 0.3% annual sponsor charge and helps each bodily XRP era and money settlement, in response to the submitting.

In the meantime, the XRP ETF has seen practically $1 billion in complete inflows since mid-November, and at present stands at $970 million, in response to SoSoValue.

XRP Value Evaluation: Careworn however Remaining Assist

XRP’s weekly chart exhibits the value caught round $2.02 whereas buying and selling beneath the downtrend line that has served as resistance since mid-2025. Bollinger Bands are displaying compression as worth is above a long-term inexperienced help block.

The primary resistance stays within the $2.09-$2.10 zone. Weekly closing costs cleanly above this vary goal $2.72, adopted by $2.94, after which the 1.618 Fibonacci degree close to $3.58.

Above that, broader extension ranges level to long-term bullish targets at $4.62, $5.65, and $6.29.

Alternatively, the help worth is between $1.80 and $1.87. A breakdown beneath this degree reveals a deeper inexperienced help space round $1.52 to $1.28.

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