Key Highlights
- Anatoly Yakovenko, co-founder of Solana, announced XRP trading capabilities through WhatsApp using wXRP on the Solana network
- A trader demonstrated exchanging 0.1 SOL for 5.99 wXRP through a basic text command
- XRP reached $1.50 before retracing to $1.43; 24-hour trading volume increased by 28%
- Technical analyst Ali Martinez projects a potential 35% rally based on symmetrical triangle formation on the 12-hour timeframe
- Large holders added 360 million XRP tokens during the previous seven days, according to Ali Charts data on X
XRP has experienced significant developments recently. The digital asset touched $1.50 amid multiple catalysts before settling around the $1.42–$1.43 range. Trading volume has surged, large holder activity continues expanding, and a novel WhatsApp-based trading mechanism has captured crypto market attention.
The Solana network now hosts wXRP through a collaboration between Hex Trust and LayerZero. This development allows traders to purchase and exchange XRP directly within WhatsApp conversations using an AI-driven trading bot. A cryptocurrency researcher showcased this functionality by entering the command “buy 0.1 SOL worth of wXRP” and promptly receiving 5.99 wXRP tokens.
Anatoly Yakovenko from Solana shared the transaction details on X, generating substantial community interest. Brad Garlinghouse, CEO of Ripple, remarked that XRP demand continues expanding as additional access points, ecosystems, and practical applications emerge.
Major cryptocurrency platforms OKX and BitMEX have both published “XRP” posts on X, suggesting potential product announcements or ecosystem collaborations. Official confirmations remain pending.
Technical Analyst Ali Martinez Identifies Symmetrical Triangle Formation
Technical analyst Ali Martinez shared a 12-hour XRP price chart displaying token consolidation within a symmetrical triangle structure. His analysis suggests a potential 35% price movement based on this pattern. Ali Charts separately reported on X that large holders purchased 360 million XRP tokens during the past seven days.
XRP futures open interest reached $2.61 billion, advancing 0.80% over the previous four hours. CME open interest expanded by over 1%, while Binance recorded a 0.5% gain. Short position liquidations intensified between April 15 and 16 as XRP climbed above the $1.40 threshold.
Critical Price Zones Under Observation
XRP achieved the $1.50 target initially identified on April 14, a price point that generated a 3.5x return for traders who established long positions at that moment. Selling pressure at $1.50 has driven the price back toward $1.43.
Primary support exists at $1.37–$1.38. Holding this zone could enable another attempt at $1.50, with $1.65 representing the subsequent target should resistance yield.
The recent price strength connects partly to Ripple’s collaboration with Kyobo Life Insurance for launching tokenized government bonds in South Korea. The Crypto Fear and Greed Index has climbed from a February low of 5 to a recent measurement of 62, marking the first “Greed” reading since October 2025.
Weekly trading volumes currently measure $21 billion, based on Artemis platform data.
