Ripple CEO Brad Garlinghouse said demand for XRP is increasing as the token gains access to additional blockchain ecosystems. His remarks came after wrapped XRP (wXRP) debuted on Solana via Hex Trust and LayerZero, enabling XRP holders to use a 1:1 backed, tokenized version of XRP in Solana-based DeFi without selling the underlying asset. wXRP is now live across selected Solana applications, RippleX confirmed, after Solana announced the rollout. Hex Trust handles custody of the underlying XRP, while LayerZero powers the cross-chain infrastructure that brings the wrapped asset into Solana's network. Holders can redeem wXRP for native XRP at any time, a mechanism designed to support price parity between the two. The launch extends XRP's utility beyond its long-established payments role, creating new options for trading, liquidity provision, and yield strategies on platforms that do not run on the XRP Ledger. Following the announcement, XRP rose more than 7.5% over the past week to about $1.45. Solana gained 3.6% over the same period to roughly $87.61, with both tokens posting weekly advances as markets digested the Solana-linked expansion. Garlinghouse called the Solana rollout further evidence of expanding demand, tying it to broader access and additional use cases across multiple ecosystems. "Demand for XRP keeps growing. More access, more ecosystems, more utility," he said. RippleX has also argued that cross-chain liquidity is opening new avenues for XRP. The development follows separate industry discussion earlier this week around Ripple's RLUSD. Christian Rau, Mastercard's senior vice president of global digital commerce, said Mastercard is working with partners including Gemini to settle card flows in RLUSD, with plans to bring the setup live in the first half of the year. For XRP holders, Solana provides immediate entry to established DeFi venues. wXRP is available through applications including Jupiter, Titan, Phantom, Meteora, and Byreal, covering token swaps, wallet services, liquidity tools, and trading features. The integration also adds XRP-linked liquidity to Solana's DeFi market and exposes the asset to users who may not have engaged with it via the XRP Ledger. Expanding XRP into additional ecosystems has been discussed previously by Hex Trust, and Ripple CTO Emeritus David Schwartz has also supported broader access. The Solana integration turns that strategy into a live product with direct user availability.

Singapore Gulf Bank (SGB) has introduced a 1:1 USD-to-USDC minting and redemption service on Solana, aiming to speed up cross-border payments with real-time settlement. Launched in April 2026, the offering is designed for institutional users and runs via SGB Net, the bank's proprietary clearing platform. The service lets corporates and high-net-worth clients convert fiat to USDC and back directly from their bank accounts. SGB said transactions above $100,000 are eligible for instant processing, reducing reliance on correspondent banks and other intermediaries that can slow international transfers. With round-the-clock operation, the bank expects customers to gain tighter control of liquidity and improve treasury efficiency across jurisdictions. CEO Shawn Chan said moving capital across borders has become more challenging for clients. He said embedding mint-and-redeem functionality into bank rails enables real-time asset movement and more efficient liquidity management. To encourage early adoption, SGB is waiving both blockchain gas costs and banking fees for a limited period for minting and redemption on Solana. After the promotion ends, clients will be offered volume-based rewards. The bank cited Solana's high throughput and lower operating costs as key reasons for the integration. SGB said the Solana service is fully integrated into SGB Net, allowing transfers between on-chain and off-chain environments while maintaining compliance, custody, and risk-management controls suited to institutional operations. At launch, support is limited to USDC and large transactions. SGB plans to add USDT, USDe, and USDG in future releases, and said it may extend access to retail users by the end of the second quarter. Earlier in April 2026, SGB joined BNY's correspondent banking network, strengthening its U.S. dollar clearing and payments infrastructure. The bank said it has processed more than $7 billion in transactions to date, pointing to continued demand for faster and more efficient cross-border settlement.

Circle this week launched USDC Bridge, an official, Circle-operated portal for moving native USDC between supported blockchains without relying on wrapped tokens, liquidity pools, or manual routing. The company announced the release via the official USDC account on X, highlighting upfront fees, live transfer tracking, and automatic handling of destination-chain gas. The app is live at bridge.usdc.com. The service is built on Circle's Cross-Chain Transfer Protocol (CCTP), a permissionless on-chain utility introduced in 2023. CCTP V2 is now the default version, offering faster finality and enabling automated post-transfer actions such as swaps and deposits. Transfers follow a burn-and-mint flow. Users connect a wallet and initiate a transfer on the source chain, where the specified amount of USDC is burned. Circle then issues a signed attestation confirming the burn, and an equivalent amount of native USDC is minted on the destination chain and delivered to the recipient address. Because Circle, as the issuer of USDC, controls the mint-and-burn mechanism, the process does not depend on third-party liquidity providers or external validators—reducing the trust assumptions common in independent bridge designs. Circle says standard transfers carry no protocol fee; users pay on-chain gas. "Fast" transfers that leverage Circle's attestation service for near-instant finality may result in higher gas costs. In certain cases, a small minting fee may apply on the destination chain, with details provided in Circle's developer documentation. At launch, USDC Bridge supports EVM-compatible networks including Ethereum, Arbitrum, Base, Optimism Mainnet, Polygon PoS, Avalanche, Sei, and Monad. Non-EVM chains such as Solana are not included in the initial rollout. Circle said the list of supported chains will expand over time, and users can view the latest coverage at bridge.usdc.com. Early usage appears strong. The bridge's dashboard showed about $602.5 million in transfers over a single 24-hour period shortly after launch. Circle also said CCTP has processed more than $140 billion in cumulative volume across over 20 chains since its debut. Circle is also pushing developers toward CCTP V2: CCTP V1 (Legacy CCTP) is scheduled to begin phasing out on July 31, 2026. Applications integrated with V1 will need to migrate to V2 to remain compatible with Circle's attestation service and the broader CCTP ecosystem. While USDC Bridge targets individual users, Circle positions CCTP as a foundational primitive that wallets, decentralized applications, exchanges, and other bridge protocols can integrate directly—already supporting treasury rebalancing, trading flows, and DeFi activity across networks. Circle frames the bridge as a step toward reducing liquidity fragmentation created by chain-specific wrapped versions of USDC. By keeping transfers native, Circle says USDC on supported chains remains redeemable 1:1 for U.S. dollars through the company. Standard crypto risks remain, including gas-fee exposure, smart-contract risk, and network congestion. USDC is not covered by FDIC insurance or similar deposit protections. The launch gives Circle a primary, first-party interface for cross-chain USDC movement, potentially reducing reliance on third-party infrastructure that has historically handled much of the stablecoin's cross-chain activity.

Sam Altman's World announced a major upgrade to its "proof of human" system on Tuesday. Tinder, Zoom and DocuSign are integrating World ID biometric verification as they step up efforts to curb bots and deepfakes. Despite the news, $WLD has fallen 13% over the past 24 hours.

ChainCatcher cited Coinglass data indicating that if ETH rallies above $2,472, liquidations across major centralized exchanges could total $1.146 billion. If ETH drops below $2,252, liquidations could reach $403 million.

The two spot Chainlink ETFs expanded their positions this week, bringing combined holdings to roughly 1.49% of the LINK supply. Over the past five days, the Grayscale and Bitwise products recorded $5.3 million of net inflows, marking their strongest week since launching in early December 2025.

A mysterious whale has converted $225 million worth of USDC into 32,007 ETH, pointing to fresh accumulation in $ETH.

Ripple CEO Brad Garlinghouse says demand for XRP is accelerating after the token's latest step into the Solana ecosystem. He pointed to the launch of wrapped XRP (wXRP) on Solana as a sign of growing interest and expanding use cases, framing the move as part of XRP's shift from a payments-centric asset to a multichain, multiuse token. RippleX confirmed that wXRP is now live on Solana. The rollout, enabled by Hex Trust and LayerZero, introduces a 1:1-backed representation of XRP that can be redeemed at any time. Custodied XRP backs the wrapped token, aiming to maintain price parity while extending XRP's functionality beyond the XRP Ledger. With wXRP available inside Solana's DeFi environment, XRP holders can access trading, liquidity, and yield opportunities on Solana without selling their native XRP. The integration also connects XRP to new liquidity pools and user bases through Solana-based applications, including Jupiter, Titan, Phantom, Meteora, and Byreal. Hex Trust first previewed the wXRP initiative last year, positioning it as a push to strengthen XRP's crosschain capabilities and DeFi participation. Ripple CTO Emeritus David Schwartz also described broader ecosystem expansion for XRP as a positive development. Garlinghouse said XRP demand "keeps growing," suggesting the Solana launch will broaden access and utility by removing constraints that previously kept XRP largely confined to XRPL. XRP has historically been used for institutional payment flows on its native ledger, while Solana is positioned as a high-performance platform for decentralized applications. The wXRP bridge ties the two networks together, opening XRP to additional liquidity venues and new users. Disclaimer: This content is for informational purposes only and should not be considered financial advice. Views expressed may reflect the author's personal opinions and do not represent The Crypto Basic's position. Readers should conduct their own research before making investment decisions. The Crypto Basic is not responsible for any financial losses.

XRP exchange-traded funds are posting a strong rebound in April 2026 and are on pace for their largest monthly net inflow of the year. So far this month, the products have attracted about $65 million in new money, reversing March's losses and lifting cumulative net inflows back to levels last seen at the start of 2026. Key points - XRP ETFs have taken in more than $65 million in net inflows so far in April 2026. - March 2026 saw net outflows of $31.16 million. - At the current pace, April is set to become XRP ETFs' biggest net inflow month of 2026. - The April improvement extends a broader inflow trend that has largely held since November 2025, with March the lone monthly setback. - Cumulative net inflows have climbed to $1.27 billion, a three-month high that matches early-2026 levels. April inflows accelerate; record month in sight Data from crypto analytics provider Sosovalue shows XRP ETFs have recorded $65.89 million in net inflows in April 2026, with roughly two weeks remaining in the month. If the momentum holds, April would surpass February's $58.09 million, currently the strongest positive net flow of 2026. For comparison, January 2026 logged $15.59 million of inflows. March 2026 posted $31.16 million of outflows, described as the first monthly loss on record for the category. Since April 10, XRP ETFs have reported consecutive daily inflows. The latest reported single-day intake was $13.74 million on April 17. Over that six-day stretch, inflows totaled $64.47 million, representing about 98% of April's month-to-date figure. Weekly data also shows two straight weeks of net inflows, with the most recent week at $55.39 million. Cumulative inflows return to early-2026 levels April's run has effectively erased the prior month's decline and pushed year-to-date gains higher. XRP ETFs first exceeded $1.27 billion in cumulative net inflows in mid-January 2026, but a $53.32 million single-day outflow on Jan. 20 pulled the total down to $1.22 billion. A six-day recovery attempt followed but did not reclaim $1.27 billion. On Jan. 29, the largest single-day outflow of $92.92 million drove cumulative net inflows to $1.17 billion. After subsequent rebounds and intermittent outflow days, the latest six-day streak has brought cumulative net inflows back to about $1.27 billion as of publication. Bitwise and Franklin Templeton lead April flows Most of April's net inflows have been concentrated in the Bitwise XRP ETF (XRP) and the Franklin Templeton XRP ETF (XRPZ). In April 2026, Bitwise's product has taken in $39.59 million, its second-best month of 2026 after January's $72.89 million. Franklin's XRP ETF has added $22.69 million in net inflows during April. By contrast, the Canary Capital XRP ETF (XRPC) has been comparatively muted in 2026 despite leading inflows in November 2025. XRPC has posted $445,260 in net inflows so far this month, though it still holds the largest cumulative total at $421.86 million. Bitwise and Franklin Templeton are narrowing the gap, with cumulative inflows of about $416 million and $344 million, respectively. Disclaimer: This content is for informational purposes only and does not constitute financial advice. Opinions cited may reflect the author's views and not those of The Crypto Basic. Readers should conduct their own research before making investment decisions. The Crypto Basic is not responsible for financial losses.