Key Highlights
- wXRP (Wrapped XRP) debuts on Solana through partnership with Hex Trust and LayerZero
- The wrapped token became accessible on Phantom, Jupiter, Titan Exchange, Meteora, and Byreal platforms
- XRP experienced a 5.15% surge reaching $1.50 following the launch news, later stabilizing at $1.48
- RippleX acknowledged the rollout, highlighting increased cross-chain interest in XRP
- Each wXRP token maintains 1:1 backing with native XRP stored in regulated custodial accounts
The Solana blockchain has officially integrated Ripple’s XRP through a newly introduced wrapped token known as wXRP. Solana announced this milestone development on Friday, April 17, 2026.
Solana shared the news via X with the message: “BREAKING: XRP is live on Solana.” The announcement featured a promotional video showcasing the logos of Ripple, Solana, Hex Trust, and LayerZero — representing the primary collaborators behind this integration.
The deployment enables wXRP functionality across multiple Solana ecosystem applications. The wrapped token can be traded, purchased, and stored through Phantom Wallet, Jupiter Exchange, Titan Exchange, Meteora, and Byreal.
Each wXRP token maintains exact parity with XRP at a 1:1 ratio. Every wrapped token corresponds to an actual XRP stored within segregated custody infrastructure operated by Hex Trust. Token minting and burning occur exclusively when the corresponding XRP gets deposited or withdrawn.
Infrastructure Behind the Integration
The cross-chain deployment relies on technical infrastructure provided by Hex Trust and LayerZero. LayerZero facilitates the communication protocol between different blockchain networks, while Hex Trust oversees the regulated custodial services for the underlying XRP assets.
This architecture enables XRP holders to engage with Solana’s decentralized finance landscape while maintaining their token positions. Users gain access to trading venues, liquidity pools, and yield generation opportunities on Solana without liquidating their XRP holdings.
Hex Trust initially revealed its intentions to create wXRP in December 2025. The company outlined plans to make wXRP available across Solana, Ethereum, Optimism, and HyperEVM networks.
RippleX SVP Markus Infanger 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 the Launch
XRP surged 5.15% to reach $1.50 right after the announcement became public. At the time of publication, the token had adjusted to $1.48, maintaining a 4.12% daily increase.
Solana’s native SOL token experienced positive movement as well, climbing 4% during the day to hit $89.86.
XRP maintains a market capitalization exceeding $90 billion. RippleX highlighted on X that “growing demand for $XRP is driving liquidity cross-chain.”
The cryptocurrency market broadly recovered on Friday as international tensions decreased. News sources indicated that Iran had committed to halting nuclear activities and reopened access to the Strait of Hormuz.
XRP was valued at $1.48 on Friday, April 17, 2026, in the aftermath of the wXRP deployment on Solana.
