XRP's mXRP Vault has surpassed $22 million in Total Value Locked (TVL), marking a significant milestone in its DeFi journey. This growth is attributed to the collaboration between Midas and Axelar, which aims to enhance XRP's utility in decentralized finance. The mXRP Vault facilitates liquid staking, enabling XRP holders to earn on-chain yield and transition the cryptocurrency from a cross-border settlement tool to a DeFi asset. The increase in TVL underscores the rising interest from both institutional and retail investors in XRP's expanding role within the DeFi ecosystem. This development reflects a broader trend of growing adoption and integration of traditional cryptocurrencies into decentralized financial services.