
The announcement got here simply as each underlying property skilled substantial worth rebounds over the previous 24 hours.
Simply a few days after a cryptic tweet on X containing XRP’s brand, 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 worth good points charted by XRP and SOL right this moment because the geopolitical stress 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 tackle on @tokens: https://t.co/1RaxyHAbMT
— Solana (@solana) April 17, 2026
The product, dubbed wXRP, will likely be obtainable on the Solana blockchain by way of a partnership with Hex Belief, which can present custodial companies, and LayerZero’s cross-chain bridge.
The brand new wrapped asset is verifiable on tokens.xyz and instantly obtainable to be used in a number of Solana DeFi purposes, together with Phantom pockets, Jupiter Change, Titan Change, byreal_io, and Meteora.
The transfer now follows a pledge from Hex Belief from late 2025 to broaden XRP’s DeFi capabilities throughout completely 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 also be fairly intriguing because it comes on a day when the crypto market jumped after the de-escalation developments within the conflict between the US/Israel and Iran.
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XRP was on the forefront of good points right this moment, surging to only over $1.50 for the primary time in nearly a month. SOL briefly surpassed $90 earlier than it slipped to only beneath that degree now.
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