The post mXRP Boosts XRP DeFi as WisdomTree Warns of Supply Shock appeared on BitcoinEthereumNews.com. XRP’s DeFi Leap: How Liquid-Staking Token mXRP Expands Utility Recent developments in the XRP ecosystem mark a turning point: the launch of mXRP, a liquid-staking token, may substantially deepen XRP’s role in decentralized finance. Market analyst Doshsai argues that this innovation could unlock latent value in XRP’s large idle supply and bring it firmly into DeFi’s reward economy. What is mXRP and Why It Matters Unveiled at XRPL Seoul 2025 by Midas and Interop Labs, mXRP is the first-ever liquid staking product built for the XRP ecosystem. It allows XRP holders to stake their tokens without surrendering liquidity: instead of locking up dormant XRP, users mint mXRP, a derivative representation that can be deployed into DeFi strategies. Through audited smart contracts on the XRPL EVM sidechain, it bridges in native XRP via Axelar, wraps it, and issues mXRP under a tokenized certificate framework. Yield & Use-Cases mXRP isn’t just theoretical utility, it promises yield. The target return is 6-8% APY, depending on the underlying strategy, suhc as market-making, liquidity provisioning, and lending. This is significant in that many XRP tokens have been dormant, held in wallets without generating any return. With mXRP, capital efficiency could improve across the board for holders. Expansion into DeFi & Cross-Chain According to Doshsai, what’s especially transformative is that mXRP serves as a bridge between XRP’s longstanding strength in payments, settlement, and cross-border and what DeFi has been doing on chains, such as Ethereum and Solana. The integration to XRPL’s EVM sidechain and Axelar’s bridging capabilities makes mXRP usable in DeFi protocols. That means holders can move beyond storing XRP into using it for yield, collateral, swaps, liquidity pools, and other financial undertakings. XRP Faces Imminent Supply Shock Ahead of Bitcoin, Says WisdomTree According to crypto observer SMQKE, investment firm WisdomTree has highlighted that a…