Price change (24h):
0.83%
High (24h):
$1.16
Low (24h):
$1.11
Volume (24h):
$1.59M
Market Cap:
$107.37M
All Time High:
69.39% $3.68
Jul 18, 2025
All Time Low:
45% $0.77
Nov 4, 2025
Coinbase Wrapped XRP
CBXRP50.49 %(1Y)
$1.13
About Coinbase Wrapped XRP
Coinbase Wrapped XRP (cbXRP) is a cryptocurrency launched in 2025. It exists as a fully collateralized wrapped token on Base, mirroring the value of native Ripple (XRP) held in segregated custody by Coinbase.
The construct attacks an old friction—static XRP balances sitting idle outside Ethereum‑aligned DeFi. By issuing a 1:1 claim on sequestered Ripple, Coinbase converts inert holdings into a portable financial primitive that can serve as liquidity, debt collateral, or a direct settlement instrument without the holder ever leaving the Coinbase orchestration layer.
cbXRP operates on the Base network. Base, an OP‑Stack Ethereum rollup, supplies cheap execution and full EVM equivalence, which places the wrapped token inside a dense lattice of lending pools, automated market makers, and payment processors originally designed for ERC‑20 assets.
The token follows the ERC‑20 standard and its contract lives at a verified Base address, ensuring straightforward integration with any DeFi interface that recognizes the standard. Redemption is a simple mechanical workflow: a Coinbase customer deposits cbXRP back into their account, the wrapped quantity burns, and an identical amount of native XRP moves out of the custody architecture—a mix of cold storage and hardened hot infrastructure—onto the Ripple ledger.
Coinbase shipped the asset on June 3, 2025, folding it into a broader wrapped‑assets campaign that had already tokenized other major cryptocurrencies. No external founders exist; the product emerged from Coinbase’s custodial and engineering teams. By the close of its inaugural month, cbXRP was changing hands on 20 active markets, supported by six exchanges and sixteen distinct trading pairs, signaling rapid market‑maker adoption.
The overarching ambition is to pull Ripple liquidity into un‑gated, onchain financial circuits. Instead of treating XRP as a monolithic settlement token confined to the XRP Ledger, the wrapped representation allows it to circulate inside lending silos, algorithmic market makers, and composable yield strategies, thereby enlarging the surface area of an already top‑tier digital asset.
Mechanically, the token functions purely as a redeemable bearer instrument. It carries no governance weight, yields no native staking rewards, and issues no protocol fees. Its acceptance across DeFi hinges entirely on verifiable backing: every cbXRP in circulation maps to a verifiably locked XRP unit inside Coinbase’s custody, giving lending protocols a trustworthy collateral base.
Providers allocate cbXRP to decentralized liquidity pools and collect swap fees in return. Borrowers pledge the token as security to originate loans in stablecoins or volatile assets, using its tight price correlation with XRP as a margin stabilizer. Payment‑centric dApps can integrate the asset directly, treating it as a transparent, pegged settlement rail that mirrors XRP’s value on a high‑throughput execution layer.
Coinbase Wrapped XRP has a total supply of 62,008,628.74 tokens. Currently, 62,008,628.74 are in circulation. With a market capitalization of $88,919,832, Coinbase Wrapped XRP ranks #8,358 among all cryptocurrencies.
Coinbase Wrapped XRP Historical Price Data
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 07/07/2026 | $1.15 | $1.13 | $1.16 | $1.12 |
| 06/07/2026 | $1.13 | $1.15 | $1.17 | $1.11 |
| 05/07/2026 | $1.17 | $1.13 | $1.17 | $1.13 |
| 04/07/2026 | $1.13 | $1.17 | $1.18 | $1.13 |
| 03/07/2026 | $1.08 | $1.13 | $1.14 | $1.08 |
| 02/07/2026 | $1.06 | $1.09 | $1.11 | $1.05 |
| 01/07/2026 | $1.05 | $1.06 | $1.06 | $1.03 |
| 30/06/2026 | $1.05 | $1.04 | $1.05 | $1.03 |
Why is manual trading Coinbase Wrapped XRP a bad idea?
Manual cbxrp trading
- Miss perfect entry/exit
- Emotional decisions
- Huge time to monitor
Stoic AI
-
AI trades 24/7 automatically Catch every opportunity
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Zero-emotion algorithm Disciplined strategy
-
Passive income Set & forget automation
20,000+
traders trusted Stoic AI
$200M+
in cumulative assets under management since inception
2015
year of company foundation
FAQ
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Coinbase Wrapped XRP (CBXRP) is a cryptocurrency that can be bought, sold, and traded on major exchanges. Its price changes in real time based on supply, demand, and broader market conditions. You can track the live CBXRP price, market cap, and 24-hour trading volume at the top of this page.
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The current price of Coinbase Wrapped XRP (CBXRP) is $1.13. Over the last 24 hours, it has moved -0.83%. Crypto prices update continuously, so short-term changes can happen quickly.
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You can buy Coinbase Wrapped XRP on major exchanges like Binance, Coinbase, or KuCoin. However, simply buying and holding can be risky due to market volatility.
The smartest way to manage your CBXRP investment is to connect your exchange account to Stoic AI. This allows you to keep funds on your preferred exchange while our institutional-grade algorithm automates the trading strategy for you, aiming to outperform manual trading. -
Coinbase Wrapped XRP's price is influenced by overall crypto market trends, trading volume, investor sentiment, regulatory news, and macroeconomic events. High volatility is common - CBXRP can move 5-15% in a single day. This makes timing the market extremely difficult for manual traders but creates opportunities for systematic, data-driven strategies.
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We can’t provide investment advice. Whether Coinbase Wrapped XRP is a good investment depends on your risk tolerance, time horizon, and strategy. Crypto markets are highly volatile and past performance doesn't guarantee future results. Many investors reduce risk by diversifying across multiple assets and using automated strategies that remove emotional decision-making. Always do your own research before investing.
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Common approaches include buy & hold, discretionary trading based on technical analysis, or automated strategies. Manual trading can be difficult due to fees, timing, and emotional decisions. Stoic AI offers an out-of-the-box automated approach: connect your exchange via trade-only API permissions, choose a strategy, and the system manages portfolio rebalancing 24/7.
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Stoic AI uses hedge fund-grade quantitative strategies developed by Cindicator, a fintech company with 9+ years of experience and $230M+ in assets under management. The algorithm analyzes price data, volatility, and correlations to build and rebalance a diversified portfolio. CBXRP can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
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With Stoic AI, your funds stay on your exchange (Binance, Coinbase, KuCoin, etc.) at all times. Stoic connects via read-and-trade-only API keys - it cannot withdraw your funds. The platform uses institutional-grade risk management and has been live-tested through multiple market cycles since 2020, including the 2022 crypto winter. You maintain full control and can disconnect at any time.
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You can start with as little as $500. There are no lock-ups and no hidden fees. You can try it now and withdraw your funds at any time. Create a Stoic account, connect your exchange using an API key with trading‑only permissions, choose a strategy, and start automated trading. You can stop anytime by revoking the API key on your exchange. Since the funds stay in your exchange wallet, you remain in control of deposits and withdrawals.
