The market wobbles like a tired dancer under neon skies. Bitcoin hovers near $109,400, and Ethereum lounges around $3,950, as if the numbers themselves needed a nap. XRP, once content to be a humble payment token, slips from its comfortable coat and strides into the wider DeFi carnival, winking at the crowd with a conspiratorial grin 😏.
Axelar’s Interchain Token Service (ITS) now threads XRP through more than eighty blockchains. It is as if a river learned to wear a suit, crossing every bridge and asking for directions in every language. This grants XRP broader utility, a new tune for a coin that thought it knew its role. In September 2025, $mXRP-XRP in a snappy new staked form-launched with a 10% yield. The promise of yield turned the interchain fanfare into a full-blown parade, and transfers via ITS reached about $6.6 million in the first days, which, frankly, sounds like the market waking up with a strong coffee ☕️.
Record Interchain Activity
In the latter half of 2025, XRP led all Axelar-supported tokens in interchain transfers. It registered 13,959 transactions, with a total transfer volume of nearly $23.3 million. A quiet revolution, if revolutions can be counted in numbers and whispers. This isn’t just a trickle; it’s a current that hints at adoption beyond the XRP Ledger. The integration invites holders to earn yields and chase DeFi opportunities without being chained to XRP’s price mood swings, a small mercy from the market’s dramatic theatre 🎭.
Reacting to the same, crypto lawyer Bill Morgan said, “Thanks for sharing. Haven’t seen this bullish data before.”
Future Outlook
Georgios Vlachos, co-founder of Axelar, said the partnership opens new use cases, including tokenization and trading integrations-because why not give a thousand bells to a single coin? Midas, in collaboration with Interop Labs, created $mXRP as the first XRP-denominated yield product. The launch widens XRP’s functionality and strengthens Axelar’s role in the sprawling multi‑chain ecosystem, like a stubborn star choosing a bigger stage 🌟.
Analysts see this as a step forward for XRP. By combining staking rewards, interchain transfers, and access to over 80 blockchains, XRP could become a key player in the DeFi space. The partnership also lifts Axelar’s visibility across networks, which is nice, like sunlight finally hitting a corner of the room that forgot to wake up.
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2025-09-26 08:22