Key Highlights
- Hex Trust and LayerZero enabled wXRP (Wrapped XRP) deployment on Solana’s blockchain
- The wrapped token is accessible through Phantom, Jupiter, Titan Exchange, Meteora, and Byreal platforms
- XRP rallied 5.15% to reach $1.50 following the launch announcement, later stabilizing at $1.48
- RippleX acknowledged the integration, highlighting increased cross-chain appetite for XRP
- Each wXRP token is backed 1:1 by native XRP stored in regulated custody solutions
Ripple’s native digital asset has officially expanded to the Solana ecosystem through a newly introduced wrapped version known as wXRP. Solana confirmed the integration on Friday, April 17, 2026.
The Solana Foundation announced via X: “BREAKING: XRP is live on Solana.” Accompanying the message was a promotional video showcasing branding from Ripple, Solana, Hex Trust, and LayerZero — the principal collaborators driving this integration.
This collaboration extends wXRP availability to numerous Solana-native platforms. The wrapped token can now be traded, purchased, and stored on Phantom Wallet, Jupiter Exchange, Titan Exchange, Meteora, and Byreal.
wXRP operates as a 1:1 collateralized version of XRP. Every wrapped token represents one authentic XRP maintained in isolated custody wallets overseen by Hex Trust. Token minting and burning occur exclusively when native XRP is deposited or withdrawn.
Cross-Chain Infrastructure Details
The technical foundation for this blockchain bridge was established through collaboration between Hex Trust and LayerZero. LayerZero provides the cross-chain communication protocol, while Hex Trust delivers institutional-grade custody for the reserve XRP.
This framework enables XRP owners to engage with Solana’s decentralized finance landscape without liquidating their holdings. Users maintain their XRP market exposure while unlocking trading capabilities, liquidity pools, and yield-generating opportunities within Solana’s ecosystem.
Hex Trust initially revealed its wXRP issuance strategy in December 2025. The company indicated that wrapped XRP would progressively become available across Solana, Ethereum, Optimism, and HyperEVM networks.
Markus Infanger, SVP at RippleX, stated in December: “There’s growing demand to use XRP across the wider crypto ecosystem and institutions, and so we are excited to see Hex Trust address this demand.”
Market Response to Integration
XRP experienced an immediate 5.15% surge to $1.50 upon the announcement. At publication time, the cryptocurrency had moderated to $1.48, representing a 4.12% daily gain.
Solana’s native SOL token similarly appreciated, climbing 4% during the trading session to $89.86.
With a market capitalization exceeding $90 billion, XRP continues attracting attention. RippleX emphasized on X that “growing demand for $XRP is driving liquidity cross-chain.”
The cryptocurrency sector broadly rebounded Friday as geopolitical concerns diminished. News outlets reported Iran’s agreement to halt nuclear enrichment activities and reopen navigation through the Strait of Hormuz.
XRP was valued at $1.48 on Friday, April 17, 2026, in the aftermath of the Solana wXRP integration.
