You Can Now Use XRP on Solana—Here's How

Blockchain ekosistemine dair önemli bir haber gündeme geldi. Price data by News Markets You Can Now Use XRP on Solana—Here's How More than $1. 2 million worth of wrapped XRP tokens (wXRP) have been minted on Solana as the Ripple-linked asset gains greater DeFi utility. By Logan Hitchcock Edited by Andrew Hayward Apr 17, 2026 Apr 17, 2026 2 min read Ripple is a crypto software company focused on XRP solutions.

Source: Ripple/ Create an account to save your articles. Add on Google Add as your preferred source to see more of our stories on Google. In brief The Ripple-linked XRP is now live for trading and use in DeFi on Solana.

Piyasa Dinamikleri

It's made possible due to Hex Trust's wrapped token offering, which is 1:1 backed with native XRP. 2 million in wXRP has already been minted on Solana. The prominent Ripple-linked cryptocurrency XRP is now live for use on Solana , letting individual users and institutions alike gain access to the token on the layer-1 blockchain via a wrapped token issued by Hex Trust.

The initiative, first announced in December , will open up the utility of XRP beyond the XRP Ledger, expanding its use in market-making and decentralized finance (DeFi) to Solana. More than 834,000 XRP, or around $1. 2 million worth of the token, has already been wrapped and activated on Solana.

BREAKING: XRP is live on Solana pic. com/QZbwd6qEN4 To do so, authorized users send native XRP to Hex Trust’s regulated custody services, and the firm then mints wXRP tokens on Solana or supported Ethereum Virtual Machine (EVM) blockchains like the Ethereum mainnet, Optimism , or HyperEVM . Institutions seeking access to the project can register to gain early access to the feature via Hex Trust.

Piyasalara Etkisi

The 1:1 backed wXRP can then be used in DeFi protocols on those chains, all of which have more robust DeFi ecosystems when compared to the native XRP Ledger. According to data from DeFiLlama, Ethereum and Solana rank first and second in DeFi total-value-locked (TVL) with $57. 08 billion, respectively.

Meanwhile, XRP Ledger ranks 41st, with just $51. 46 million in DeFi TVL. “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,” Ripple X SVP Marcus Infanger said in a statement when the initiative was launched in December.

With the wrapped token’s launch on Solana, now they can do so. In addition to the $1. 2 million in wXRP on Solana, 50 million tokens or around $74.

Blockchain ekosistemindeki bu gelişme, dijital varlık piyasalarını şekillendirmeye devam ediyor. Uzmanlar, konunun yakın vadeli etkilerini mercek altına alıyor.