Spot XRP ETFs saw over $20.1 million in net inflows on Friday, extending a 19-day run of positive flows. Bullish social sentiment around XRP strengthened this week, while the token traded near $2.03 on Saturday. Cumulative ETF inflows approached $974.5 million, with assets under management around $1.18 billion.

Between 12 and 13 December, RAVE, the native token of RaveDAO, went live on nine centralized and decentralized exchanges, with its debut supported by around $3 million in reported real-world event revenue. The token traded near $0.58 after lifting off post-TGE lows, while its low circulating supply, staking-based utility, and lack of VC or private presales left traders weighing strong fundamentals against heightened volatility risk.

Pendle’s price recently slid to a $2.02 low and was trading around $2.17, extending a multi‑month downtrend with notable daily and monthly losses. On-chain data indicated that Polychain Capital sold about 4.114 million PENDLE at roughly $2.19 after accumulating near $3.16, realizing an estimated $3.99 million loss amid persistent sell pressure. Technical indicators showed weak momentum and a near-oversold setup, with $2 acting as a key support level and $2.25–$2.50 emerging as potential recovery targets.

Hex Trust is introducing wrapped XRP (wXRP) on Solana to extend XRP's DeFi reach. According to DeFiLlama, Solana's 24‑hour DEX volume stands at $3.9 billion versus XRPL's $6.78 million, highlighting deeper on‑chain liquidity. The move shifts XRP activity from its native L1 toward Solana's ecosystem.

Ethereum is holding above a key support near $3,091 while price compresses below the $3,200 area. Traders are watching whether this base resolves in an upside break or a retest, with momentum divergence and institutional interest cited as catalysts for the next directional move.

XRP recently failed to hold above $2.15 and is now trading slightly above $2, while sitting about 44% below its July all‑time high of $3.65. According to analyst ChartNerd, the current structure resembles XRP’s late‑2016 rejection and ABC correction that produced a 69% drop before a rally of more than 110,000%. If a similar 69% decline from the all‑time high unfolds into the first quarter of 2026, price projections suggest a move below $1 toward around $0.8.

U.S.-listed XRP spot ETFs have recorded 19 consecutive days of net inflows totaling $974.50 million, including $20.17 million on December 12. Yet XRP hovered near $2.03 after a 18.66% monthly decline, while Franklin’s XRPZ, Bitwise, and Canary captured the day’s biggest allocations among issuers.

Ripple's Luke Judges outlined XRP's multichain strategy at the Solana Breakpoint event. According to a Dec. 13, 2025 post by Solana, Hex Trust and LayerZero will bridge wXRP—a 1:1-backed XRP representation—to enable use across Solana DeFi, with Phantom's 20 million users cited and perps integrations noted. wXRP will also be tradable with RLUSD on Ethereum and other RLUSD-supported chains.