Trading

Ripple's XRP is trading around $2.05 after major investors reportedly sold 280 million tokens in the past week, pushing the price down from above $3. Analysts are watching whether the $2.00–$2.10 zone holds, while a proposed 21Shares spot XRP ETF moves toward approval and wrapped XRP prepares to expand the token's presence in DeFi.

DAS Research outlines Ripple's strategy to make XRP core payments infrastructure, highlighting Q2 2025 ODL volumes of $1.3 billion and growing institutional adoption. The report notes regulatory milestones in 2025 and surging on-chain activity since Q3 2024, as Ripple integrates RLUSD and expands settlement corridors.

PI fell 1% in the last 24 hours, trading below $0.21 as selling pressure picked up. According to the article, a 2 million PI outflow from the core team's liquidity reserve wallet, alongside earlier transfers toward OKX, has intensified downside risk, putting $0.1919 support and the October 10 low at $0.1533 in focus.

Hex Trust has announced plans to issue and custody a 1:1-backed wrapped XRP product with over $100 million in initial liquidity for use across DeFi and smart contract platforms. XRP is currently trading in a narrow range near the $2.00–$2.02 support area, with fading bearish momentum and strong order book bids providing a defensive base, while layered resistance still caps any meaningful upside.

On December 12, Hex Trust announced it will introduce wrapped XRP (wXRP) on Solana and other networks, including Ethereum, as a fully collateralized 1:1 representation of XRP. The rollout is planned to start with more than $100 million in locked value, while XRP's price trades around $2.03 after a modest daily gain of 0.84% and a 1.26% decline over the past week.

On December 11, 2025, the US Commodity Futures Trading Commission issued staff no-action letters to Polymarket US, LedgerX, PredictIt, and Gemini Titan. The relief is conditional, requiring full collateralization of all contracts and publication of time-and-sales data to limit enforcement risk.

Ripple shifted 600M XRP across multiple wallets as the 21Shares XRP ETF (TOXR) began trading on Cboe BZX. On-chain data shows seven transfers of exactly 100M XRP completed within minutes, with four sending wallets tied to Ripple and three destinations unrecognized. XRP traded near $2.03 after a 15.7% decline over the past 30 days.

Coinbase plans to unveil a prediction market and an in-house tokenized equities product at a Dec. 17 showcase. The sector has seen rapid growth, with Kalshi and Polymarket's combined monthly volume hitting $7.7 billion in November, and Gemini and Crypto.com outlining new initiatives. Coinbase shares closed down 2.2% at $269.02 on Thursday.

Arthur Hayes Sees Ethereum Price at $20,000 by Next US Election: Stablecoins, Layer-2, Whales, and Treasuries in Focus.

On Friday, Dec. 12, around 39,000 BTC options worth about $3.6 billion expire, alongside 247,000 ETH contracts totaling $768 million, for roughly $4.3 billion in notional. BTC's put/call stands near 1.1 with max pain around $90,000, while ETH's is 1.24 with max pain at $3,100; spot prices remain range-bound.