XRP Price Today (Dec. 12, 2025): XRP Holds Near $2 as Ripple’s AMINA Bank Deal, Wrapped XRP Launch and New TOXR ETF Drive Focus

December 12, 2025 — The XRP price today is hovering around $2.03–$2.04, as traders weigh a stack of XRP-specific catalysts against a shifting macro backdrop. XRP has spent much of December defending the psychologically important $2.00 area, and today’s headlines add fresh fuel to the debate over whether the token is consolidating for a rebound—or simply pausing before its next larger move. ^[1]

Key takeaways

XRP price today: roughly $2.03–$2.04, with the market laser-focused on the $2.00 support zone. ^[2]
Big XRP news (Dec 12): Ripple announced AMINA Bank as the first European bank to adopt Ripple Payments. ^[3]
Big ecosystem move (Dec 12):Hex Trust says it will issue wrapped XRP (wXRP) across multiple chains, launching with $100M TVL. ^[4]
ETF narrative remains central: a new 21Shares XRP ETF (TOXR) launched on Cboe this week, while U.S. spot XRP ETF inflows are reported as nearing the $1B mark. ^[5]
Macro still matters: the Fed’s rate cut came with signals of a likely pause, keeping risk appetite fragile across crypto. ^[6]

XRP price today: where XRP is trading right now

As of December 12, XRP is trading just above $2, with live feeds clustering near $2.03 and broader market snapshots around $2.04 depending on venue and timestamp. ^[7]

A few useful context points from major market trackers:

Coinbase shows XRP around $2.03, with a market cap near $122B and 24-hour volume around $2.85B. ^[8]
YCharts’ daily close-style indicator lists $2.036 for Dec. 12, 2025 (noting it reflects a midnight-UTC style data point). ^[9]

Why the $2 level matters: Multiple technical writeups published today frame the $1.98–$2.03 area as a “pivot zone,” where buyers have repeatedly stepped in. ^[10]

What’s moving XRP on Dec. 12, 2025

XRP’s day-to-day price action is still closely tied to broad crypto sentiment, but today’s tape is unusually XRP-specific. Here are the major drivers in focus right now:

1) Ripple announces first European bank adoption of Ripple Payments: AMINA Bank

Ripple said on December 12 that AMINA Bank (a FINMA-regulated Swiss crypto bank) is adopting Ripple Payments, calling it the first European bank to use Ripple’s licensed end-to-end payments solution. Ripple says the partnership aims to help AMINA’s clients move funds more seamlessly between fiat and blockchain rails, including stablecoin flows. ^[11]

In the same release, Ripple also highlighted the scale of its payments network, stating that Ripple Payments has coverage representing “more than 90% of daily FX markets” and has processed “more than $95 billion in volume.” ^[12]

Why it matters for XRP price: Even in a market dominated by ETF narratives, spot traders still react to “real-world adoption” headlines—especially when they involve regulated banks and cross-border settlement, the core theme that has long anchored XRP’s bull case.

2) Wrapped XRP (wXRP) goes cross-chain with $100M TVL at launch

Another major Dec. 12 headline: Hex Trust announced plans to issue and custody wrapped XRP (wXRP), designed to expand XRP’s DeFi utility beyond the XRP Ledger. The firm says wXRP will be 1:1 backed by XRP held in segregated custody and will roll out across chains starting with Solana, Optimism, Ethereum, HyperEVM, with more planned. ^[13]

Hex Trust also says the launch will start with $100 million in total value locked (TVL) to provide immediate liquidity, and it explicitly positions wXRP as a way to pair XRP with Ripple USD (RLUSD) in trading/liquidity contexts on supported chains. ^[14]

Why it matters: Cross-chain liquidity has been one of XRP’s recurring “missing pieces” compared with ecosystems like Ethereum and Solana. A regulated, custody-backed wrapped asset framework is being pitched as a more institution-friendly route than informal bridge wrappers—an angle that can influence both narrative and flows.

3) The Fed cut rates—but sounded cautious, keeping crypto’s risk mood choppy

Macro is still the “weather system” around every crypto chart. Reuters coverage this week emphasized that after the latest quarter-point cut, the Federal Reserve signaled a likely pause, with projections pointing to limited cuts ahead and officials navigating uncertainty around inflation and the labor market. ^[15]

Why it matters for XRP specifically: When liquidity expectations cool, high-beta assets can swing harder. XRP often trades like a “beta amplifier” versus broad crypto sentiment—especially around key levels like $2.00 where leveraged positioning tends to cluster.

XRP ETFs: strong headline totals, but the daily flow story is evolving

The ETF storyline is still one of the biggest medium-term forces shaping XRP market structure in late 2025.

A new XRP ETF (TOXR) launched this week

A GlobeNewswire/Markets Insider release states 21Shares launched the 21Shares XRP ETF (ticker: TOXR) on Cboe, with a total expense ratio of 0.30%. The release also notes the fund is not registered under the Investment Company Act of 1940 (meaning it does not carry the same regulatory framework as ’40 Act ETFs). ^[16]

The same announcement describes a “multi-custody” setup (naming custodians such as Coinbase, Anchorage Digital Bank, and BitGo) and says Flow Traders acts as lead market maker. ^[17]

Separate reporting also framed the product as going live after SEC effectiveness, with TOXR trading on Cboe BZX. ^[18]

Inflows near $1B—depending on the dataset and timing

On the flows side, DL News cited SoSoValue data showing spot XRP ETFs attracted $954 million since Canary Capital’s November debut, putting the category “close” to $1 billion. ^[19]

Other outlets have described inflows as surpassing the $1B milestone, illustrating how quickly the numbers can shift based on cutoffs, inclusion rules, and intraday updates. ^[20]

One nuance traders are watching: inflows cooled after an early burst

FXEmpire reported that daily net inflows have been running below $50 million for several days, and pegged net inflows at $10.2 million on Wednesday, Dec. 10—a data point some traders interpret as “enthusiasm normalizing” after the initial launch wave. ^[21]

Bottom line: The ETF backdrop remains constructive for the long-term “access story,” but the day-to-day flow pulse is now something traders track almost like an economic indicator—especially when XRP is sitting on a major technical floor.

XRP Ledger upgrade momentum adds another layer

On the infrastructure side, the XRP Ledger’s reference server implementation (rippled) released version 3.0.0 this week, described as introducing new amendments and bug fixes, with an “action required” note for server operators to upgrade. ^[22]

Protocol upgrades don’t always move price immediately, but in late-cycle markets they can matter because:

they influence developer and validator confidence,
they support broader DeFi and tokenization narratives,
and they can align with institutional-readiness messaging that’s already boosted by ETF access and regulated stablecoin frameworks.

XRP technical analysis today: $2.00 is the battlefield

Several Dec. 12 technical posts converge on one idea: the market is defending the $2 region, but upside progress has been uneven.

The key support zone traders keep mentioning

Brave New Coin highlighted a $1.98–$2.03 base region as a “critical pivot,” citing analysis that suggests repeated rebounds from the zone and potential recovery targets if buyers maintain control. It also referenced the 20-month EMA around $1.93 as a deeper structural level that could come into play on a breakdown. ^[23]

Where resistance is showing up

A NewsBTC technical writeup (republished via CryptoRank) described XRP facing resistance around $2.04 and $2.08, with the broader structure sensitive to whether price holds above $2.00 and roughly $1.988. The same analysis pointed to additional upside hurdles around $2.15 and $2.22 if momentum returns. ^[24]

FXEmpire similarly pointed to the December 3 high around $2.22 as a level the market would be watching in a rebound scenario, while noting Q4 weakness has kept sentiment fragile. ^[25]

A practical “scenario map” for today’s XRP price action

Without turning this into a trading signal, here’s how many analysts are framing the near-term setup:

If XRP holds $1.98–$2.03: the market may attempt to grind back toward the low-$2s (often cited in the $2.06–$2.09 region first), then re-test overhead resistance near $2.08–$2.15, and potentially the $2.22 area if risk appetite improves. ^[26]
If XRP loses $1.98 and $2.00 decisively: attention shifts to the $1.93 area (20-month EMA in one widely shared framework) and other downside zones referenced in short-term technical commentary. ^[27]

XRP forecasts and price predictions circulating today

Forecasting XRP is noisy—even more so in an ETF-era market where flows and headlines can dominate fundamentals for weeks at a time. Still, here are the forecasts getting the most attention in today’s coverage:

Standard Chartered’s long-range call

FinanceMagnates reported that Standard Chartered’s digital assets research head, Geoffrey Kendrick, projects XRP reaching $12.50 by 2028, a bold long-range scenario tied to adoption and market structure shifts. ^[28]

That kind of target is inherently speculative and highly sensitive to the broader crypto cycle, regulation, and whether XRP captures a sustained institutional role beyond the current ETF-driven demand.

Short- and medium-term forecasts remain “level-based”

Most short-horizon analysis published today is less about distant price targets and more about levels, flows, and macro conditions—especially how XRP behaves around $2.00 while ETF flow data updates and markets digest the Fed’s stance. ^[29]

One more headline traders are watching: large XRP transfers (interpret with caution)

Some crypto outlets highlighted whale-tracking alerts pointing to large XRP transfers into exchange-linked wallets, sparking debate about whether the moves signal potential sell pressure or routine treasury operations. These interpretations are often uncertain without confirmation of intent. ^[30]

For readers: large on-chain movements can matter, but they frequently turn out to be internal rebalancing, custody migrations, or OTC-related activity rather than direct spot selling.

What to watch next for XRP

If XRP is going to break out of its December range, the next catalysts traders are watching are relatively clear:

Follow-through on Ripple’s AMINA Bank partnership and whether it leads to additional bank adoption headlines in Europe. ^[31]
wXRP launch traction: liquidity depth, supported chains, and whether XRP–RLUSD pairs gain meaningful DeFi volume. ^[32]
Spot XRP ETF flow updates: whether daily inflows re-accelerate (or fade further) as the product set matures. ^[33]
Macro risk tone: markets are still calibrating around the Fed’s guidance and the “pause vs. more cuts” debate heading into 2026. ^[34]
XRPL infrastructure upgrades: how quickly operators upgrade to rippled 3.0.0 and whether upcoming amendments affect builder and institutional narratives. ^[35]

Final word

On December 12, 2025, XRP is trading in a tight, headline-sensitive zone—steady around $2, but reacting to a rare mix of catalysts: a new European bank adoption announcement from Ripple, a cross-chain wrapped-XRP rollout with meaningful starting liquidity, and an ETF narrative that continues to reshape how capital can access XRP exposure. ^[36]

Note: This article is for informational purposes only and does not constitute investment advice. Cryptoassets are volatile, and prices can change rapidly across venues.