Overview
- XRP went live on Solana as a wrapped token on Friday, issued 1:1 by Hex Trust with LayerZero, with about 834,000 XRP worth roughly $1.2 million minted on Solana and far larger issuance reported on Ethereum.
- The launch drew little betting interest, with prediction markets holding at 0%–0.3% odds that XRP would top $1.80 by April 19 and order books so thin that about $331 could move quoted odds by five points.
- ETF buyers added $13.74 million this week, lifting XRP exchange‑traded fund assets to about $1.11 billion and signaling ongoing institutional demand after earlier price declines.
- Coinbase Derivatives filed with the CFTC to include XRP in its market‑maker program for regulated futures from May 1 through November 30, a move aimed at supporting tighter quotes and deeper liquidity.
- On‑chain trackers recorded about 291 million XRP settling on the ledger while roughly 1.36 million entered Binance, as price faded from a brief touch of $1.50 to the mid‑$1.40s on thin participation.