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wXRP Brings XRP to Solana DeFi as Price Tests Key $2 “Flip Area”
Solana has revealed that XRP will be available on its blockchain via a new wrapped token called wXRP, issued by Hex Trust with LayerZero handling the bridge at a 1:1 redemption rate. The launch, presented at the fifth Solana Breakpoint event, aims to plug XRP into Solana's DeFi markets as analysts note the asset is trading around a major "flip area" near critical support and resistance levels.
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XRP
XRP+1.28%
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Zcash (ZEC) Rallies 13% to $460 as Dynamic Fee Plan, Whale Buying and $1.14B Volume Lift Price Toward $600 Resistance
Zcash's ZEC token has climbed about 13% to trade near $460, lifting its market capitalization above $7.5 billion as 24-hour turnover reaches $1.14 billion. The move is being supported by a proposed dynamic fee mechanism, increased institutional interest and notable whale accumulation, while traders watch the $460–$600 resistance region and key support around $370.
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Korean Authorities Say Binance Froze Only 17% of Funds From November Upbit Solana Hack
South Korean investigators report that Binance locked just 17% of Solana-based assets stolen in the November 27 Upbit hack after receiving an urgent freeze request from the exchange and police. Authorities say the attackers laundered funds through more than a thousand wallets and multiple chains before most of the assets reached Binance service wallets, while experts in Korea are now calling for faster, coordinated global freeze mechanisms and Upbit has raised its customer cold storage ratio to 99% following the roughly 44.5 billion won theft.
SOL
SOL+5.70%
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