XRP’s daily SuperTrend indicator flipped bullish on April 18, the first buy signal on that timeframe since January 17. The shift ends months of sell pressure. Crypto analyst @alicharts on X flagged the development, noting the token now has trailing support from the indicator beneath it.
The same day, Solana Foundation executive Vibhu Norby went public about a $10,000 XRP purchase executed entirely through Solana’s DeFi infrastructure. He did not use a centralized exchange. The transaction swapped USDT for 6,561 wrapped XRP, or wXRP, directly on Solana’s network.
Norby Uses Solana Rails for XRP Buy
“Just bought $10k XRP on Solana”
The purchase came hours after Solana’s official account announced on X that XRP was live on the blockchain through wXRP. The timing was not coincidental. Norby’s buy was a direct demonstration that Solana’s own infrastructure could handle an XRP acquisition without touching a CEX.
TheCryptoBasic reported on X that Norby acquired 6,561 wXRP via a USDT swap ahead of an XRP-focused conference. The wXRP token gives XRP holders access to trading, yield generation, and memecoin exposure within Solana’s broader product suite. Every unit stays redeemable for native XRP at a 1:1 ratio.
wXRP went live on Solana via Hex Trust and LayerZero, with availability across Titan Exchange, Jupiter Exchange, Meteora, and Phantom at launch. RippleX SVP Markus Infanger said in December that the integration fits with Ripple’s RLUSD work, giving users a regulated path into DeFi across supported chains.
The $1.55 Wall
Back to the chart. The SuperTrend flip is significant but the real test sits at $1.55. According to @alicharts on X, that level has capped XRP’s recovery attempts in recent weeks. A clean daily close above $1.55 would likely set off a relief rally, with the first target at the $1.90 zone.
XRP rose more than 3% on Friday to $1.48, per data tracked by The Block. The token is up roughly 8% over the past week, outpacing both Bitcoin and Ether during that stretch. Still below the 200-day EMA sitting near $1.80, the broader trend stays under pressure.
The SuperTrend indicator on the daily chart uses price action and average true range to generate a trailing stop-and-reverse line. When price closes above that line, the signal flips from sell to buy. It does not confirm a full trend reversal on its own, but it is widely tracked by swing traders as an early momentum shift signal. The last time this happened on XRP’s daily chart was January 17.
What wXRP Means for Long-Term Demand
Norby’s purchase matters beyond the dollar amount. A Solana Foundation executive using Solana DeFi rails to buy XRP, and talking about it publicly, carries a different weight than a generic institutional announcement. It puts the infrastructure on display. It shows the bridge works.
At launch, wXRP crossed $100 million in total value locked, per reporting at the time. XRP holders gain access to lending markets, liquidity pools, and decentralized exchanges without converting out of XRP exposure. That is a new use case for an asset that previously had limited DeFi access.
Solana’s Phantom wallet, with around 20 million active wallets, provides immediate distribution for wXRP. The reach matters. XRP’s $90 billion-plus market cap now has a functional on-ramp into one of the most liquid DeFi ecosystems in crypto.
Whether the SuperTrend signal holds depends on what happens at $1.55. Below that, the signal stays bullish but unconfirmed by price. Above it, and with the wXRP integration adding structural demand, the $1.90 target comes into play.
