XRP enters DeFi arena as mXRP staking vault rockets to nearly $20 million in days

XRP holders have flocked to mXRP - the ecosystem's first liquid staking token built on XRP Ledger's EVM sidechain. Launching September 25, Axelar's initial 6.5 million token vault filled within 48 hours, forcing capacity expansion to 10 million tokens, reflecting intense demand for yield-generating opportunities on previously idle XRP assets.