XRP News Today: XRP Launches on THORChain with $22,000 in Day One Volume

XRP, the cryptocurrency developed by Ripple, has made a significant stride by going live on THORChain, a decentralized liquidity protocol. This development marks a pivotal moment for XRP holders, as it opens up new avenues for decentralized, cross-chain liquidity. The first day of trading saw a notable volume of $22,000, indicating a strong initial interest and engagement from the community.

The integration of XRP on THORChain is a testament to the growing interoperability within the cryptocurrency ecosystem. THORChain is known for its ability to facilitate seamless asset swaps across different blockchains, and the addition of XRP to its network enhances its liquidity and utility. This move is expected to benefit XRP holders by providing them with more options for trading and liquidity, thereby increasing the overall value and usability of the cryptocurrency.

The successful launch of XRP on THORChain also highlights the increasing demand for decentralized finance (DeFi) solutions. DeFi platforms like THORChain offer users the ability to trade assets without the need for centralized intermediaries, providing greater control and security over their funds. The integration of XRP on THORChain aligns with the broader trend of cryptocurrencies moving towards decentralized and interoperable ecosystems.

According to a post from Hexicidal, a key voice within the THORChain community, the performance came “despite only a few frontends having enabled support,” suggesting significant room for growth as access expands across the ecosystem. The launch report also provides a snapshot of the trading metrics on Day 1. As of the time of reporting, XRP was priced at $2.14 on THORChain. Asset depth stood at 49,614 XRP, with a corresponding 67,000 RUNE in liquidity. This setup allowed for 13.56K RUNE worth of swaps—roughly equivalent to the $22,000 in volume.

Additional statistics include earnings of 2.1 RUNE ($3) and an average slip of 0.10%. While the earnings remain relatively low for now, the key takeaway lies in the infrastructure milestone itself: XRP has been successfully bridged into THORChain’s decentralized liquidity protocol, allowing for native swaps without centralized intermediaries. Historically, XRP has had limited access to decentralized cross-chain liquidity due to its consensus mechanism and legacy infrastructure.

By enabling native XRP swaps, THORChain could open up new utility for XRP holders—particularly those seeking self-custodied, on-chain interoperability across Bitcoin, Ethereum, and other ecosystems. For THORChain, the move underscores its commitment to becoming a universal settlement layer for decentralized finance (DeFi). The addition of XRP adds one more high-cap liquidity asset to its roster, following integrations of Bitcoin, Ethereum, Litecoin, Dogecoin, and BNB.

However, the rollout is far from complete. The limited frontend access currently restricts broader user participation. As more interfaces integrate XRP swap functionality, transaction volumes are expected to increase. This could also incentivize deeper liquidity pools and higher swap activity over time. The move comes at a time when THORChain is seeing growing institutional and retail interest, following recent expansions in integrations and protocol security. Yet, it will take sustained traction and user engagement for this XRP feature to become a meaningful part of THORChain’s value proposition.

While $22,000 may appear marginal compared to centralized exchange volumes, the symbolic and technical significance of this integration cannot be overstated. It sets the stage for XRP to participate more fully in decentralized finance—a vision long hindered by compatibility and custody concerns. As infrastructure builds out and more users gain access, the real test will lie in whether XRP can attract meaningful DeFi liquidity and usage within THORChain’s unique ecosystem.