TLDR
- Wrapped XRP is now live on Solana through Hex Trust and LayerZero.
- Each wXRP token is backed 1:1 by native XRP in segregated custody.
- XRP holders can use wXRP on Jupiter, Phantom, Meteora, and Titan Exchange.
- Brad Garlinghouse said growing XRP demand is expanding access and utility.
Wrapped XRP has gone live on Solana, giving XRP holders a new way to use the token in DeFi. The launch broadens access for a Ripple-linked asset that has mostly stayed on the XRP Ledger.
The rollout also drew a public response from Ripple CEO Brad Garlinghouse. He wrote, “Demand for XRP keeps growing. More access, more ecosystems, more utility.”
Wrapped XRP opens Solana DeFi to XRP holders
Solana announced the launch with a short post that said, XRP is live on Solana.” RippleX then said wrapped XRP, or wXRP, is available through Hex Trust and LayerZero.
The move lets holders use XRP in Solana-based DeFi without selling the original asset. That gives XRP a new role inside a network known for active trading and on-chain finance.
Users can now access wXRP through services that already operate in Solana’s ecosystem. The list includes Jupiter, Phantom, Titan Exchange, and Meteora.
This setup gives traders and institutions a new route to deploy XRP-linked capital. At the same time, they can keep exposure to the underlying asset.
Hex Trust and LayerZero support the rollout
Hex Trust is issuing wXRP and holding the native XRP that backs each token. According to Hex Trust, every wXRP is backed 1:1 by XRP in segregated custody accounts.
That structure matters because it gives holders a clear redemption path. Users can redeem wXRP for native XRP at any time, based on the stated model.
LayerZero provides the cross-chain infrastructure behind the launch. Its role is to help move the wrapped asset into supported networks and applications.
RippleX said authorized users can send native XRP to Hex Trust for minting. From there, wXRP can be issued on Solana and selected EVM networks.
Broader rollout extends XRP beyond its home chain
The Solana launch is part of a wider plan that Hex Trust disclosed in December 2025. That rollout also includes Ethereum, Optimism, and HyperEVM.
For years, XRP mainly served as a payments-focused asset on the XRP Ledger. Now, wrapped versions are giving it access to markets where lending, trading, and liquidity tools already exist.
Garlinghouse tied the move to broader demand for XRP across ecosystems. His post framed the expansion as a result of growing access and wider utility.
Whether wXRP gains strong DeFi activity on Solana will depend on user adoption. Still, the launch gives XRP holders a direct entry point into one of crypto’s busiest DeFi networks.
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