Key Highlights
- Hex Trust and LayerZero facilitate wXRP (Wrapped XRP) deployment on Solana blockchain
- Users can access wXRP through Phantom, Jupiter, Titan Exchange, Meteora, and Byreal platforms
- XRP surged 5.15% reaching $1.50 following the announcement before stabilizing at $1.48
- RippleX validated the integration, highlighting increasing cross-chain XRP adoption
- Each wXRP token maintains 1:1 backing with native XRP stored in regulated custody solutions
Ripple’s XRP token has expanded its presence to the Solana ecosystem via a wrapped asset designated as wXRP. Solana officially announced the integration on Friday, April 17, 2026.
Solana’s announcement via X stated: “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 development extends wXRP availability across multiple Solana-native applications. The wrapped token is immediately accessible for trading and storage on Phantom Wallet, Jupiter Exchange, Titan Exchange, Meteora, and Byreal.
wXRP functions as a fully-collateralized version of XRP. Every wXRP token represents one actual XRP maintained in segregated custody wallets operated by Hex Trust. The minting and burning process occurs exclusively when native XRP is deposited or withdrawn.
Technical Infrastructure Behind the Integration
The cross-chain functionality relies on infrastructure provided by Hex Trust and LayerZero. LayerZero supplies the interoperability protocol connecting different blockchains, while Hex Trust oversees compliant custody services for the reserve XRP.
This architecture enables XRP investors to engage with Solana’s decentralized finance landscape without liquidating their holdings. Users maintain their XRP market exposure while unlocking access to Solana’s trading platforms, liquidity pools, and staking opportunities.
Hex Trust initially revealed its wXRP initiative in December 2025. The announcement indicated that wXRP would progressively roll out across Solana, Ethereum, Optimism, and HyperEVM networks.
Markus Infanger, SVP at RippleX, commented 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 wXRP Launch
XRP experienced an immediate 5.15% price increase to $1.50 upon the wXRP announcement. At publication time, the asset had moderated to $1.48, representing a 4.12% daily gain.
Solana’s native SOL token similarly benefited, recording a 4% intraday advance to $89.86.
With a market capitalization exceeding $90 billion, XRP continues attracting significant attention. RippleX acknowledged on X that “growing demand for $XRP is driving liquidity cross-chain.”
The cryptocurrency sector broadly recovered Friday amid diminishing geopolitical concerns. News outlets reported Iran’s agreement to halt nuclear enrichment activities and reopen maritime traffic through the Strait of Hormuz.
XRP maintained a price of $1.48 on Friday, April 17, 2026, in the aftermath of the wXRP integration on Solana.
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