Simply a few days after a cryptic tweet on X containing XRP’s emblem, the official channel behind the Solana ecosystem introduced {that a} 1:1-backed token redeemable for Ripple’s cross-border token has launched on its blockchain.
The assertion coincided with notable value positive aspects charted by XRP and SOL right this moment because the geopolitical pressure within the Center East eased.
XRP is a digital asset native to the XRP Ledger, a decentralized public blockchain designed for quick, low-cost transactions.
wXRP is reside on Solana through @Hex_Trust and @LayerZero_Core, confirm the token deal with on @tokens: https://t.co/1RaxyHAbMT
— Solana (@solana) April 17, 2026
The product, dubbed wXRP, might be accessible on the Solana blockchain by way of a partnership with Hex Belief, which is able to present custodial providers, and LayerZero’s cross-chain bridge.
The brand new wrapped asset is verifiable on tokens.xyz and instantly accessible to be used in a number of Solana DeFi functions, together with Phantom pockets, Jupiter Trade, Titan Trade, byreal_io, and Meteora.
The transfer now follows a pledge from Hex Belief from late 2025 to develop XRP’s DeFi capabilities throughout totally different chains, beginning with Solana.
The ever-vocal XRP Military was fast to choose up and reward the announcement, with John Squire saying, “The flip simply switched.” The timing can be fairly intriguing because it comes on a day when the crypto market jumped after the de-escalation developments within the struggle between the US/Israel and Iran.
XRP was on the forefront of positive aspects right this moment, surging to simply over $1.50 for the primary time in virtually a month. SOL briefly surpassed $90 earlier than it slipped to simply beneath that degree now.
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