Key Takeaways:
- Wrapped XRP launched on Solana this week, backed 1:1 by Hex Belief with roughly 834,498 wXRP in circulation.
- LayerZero’s OFT commonplace bridges wXRP throughout chains, giving Solana DeFi entry to over $100 million in preliminary XRP liquidity.
- Phantom, Jupiter, and Meteora already assist wXRP, with Ethereum and EVM chain expansions already in movement.
XRP Is Now on Solana through Hex Belief
The launch was confirmed by the official Solana X account, which posted “BREAKING: XRP is dwell on Solana” alongside a video and technical particulars. The token, often known as wXRP, is issued and custodied by Hex Belief, a regulated digital asset custodian. Cross-chain infrastructure is dealt with by Layerzero utilizing its OFT bridging commonplace.
Hex Belief first introduced plans for wXRP on Dec. 12, 2025. At the moment, the corporate mentioned the token would launch throughout a number of blockchains, together with Solana, Ethereum, Optimism, and HyperEVM, with extra chains deliberate. The preliminary rollout was reported to hold over $100 million in liquidity.
wXRP is absolutely collateralized at a 1:1 ratio. When a certified consumer deposits native XRP with Hex Belief, the custodian mints an equal quantity of wXRP on the goal chain. Customers can burn wXRP at any time to redeem native XRP from custody. Hex Belief publishes onchain proof of reserves, and present information reveals roughly 50.83 million XRP backing the identical quantity of wXRP throughout all supported chains.
On Solana particularly, roughly 834,498 wXRP tokens are at the moment in circulation. At XRP costs within the $1.44 to $1.50 vary, that represents roughly $1.2 million in Solana-based provide.
XRP holders utilizing wXRP on Solana can commerce, lend, present liquidity, or publish it as collateral in DeFi protocols. A number of main Solana functions already assist the token, together with Phantom pockets, Jupiter Alternate, Meteora, Titan Alternate, and byreal_io. Extra integrations are anticipated.
Solana directed customers to confirm the official wXRP token handle at tokens.xyz/xrp to keep away from counterfeit tokens. Hex Belief additionally publishes the total Solana contract handle on its web site.
XRP moved up roughly 2 to five % within the buying and selling periods across the launch, with the value holding within the $1.44 to $1.50 vary alongside broader market exercise.
The wXRP construction introduces two layers of third-party danger that holders ought to perceive. Custody will depend on Hex Belief, and bridging will depend on Layerzero. wXRP is meant for DeFi use instances and isn’t an alternative to native XRP in XRP Ledger settlements.
Hex Belief holds the position of certified institutional custodian, and minting is proscribed to KYC/AML-verified individuals. That compliance layer is central to how the token was designed, and it separates wXRP from earlier, much less regulated wrapped asset merchandise.
The launch matches a broader sample in crypto the place massive token ecosystems search liquidity and yield alternatives exterior their native chains. Solana positive factors one other main asset to assist DeFi whole worth locked development, whereas XRP holders acquire a compliant path to incomes yield on their holdings.
Ripple’s RLUSD stablecoin was talked about as a possible pairing asset for wXRP on Solana, which might open extra buying and selling pairs and liquidity pool configurations as soon as integrations mature.
Growth to different EVM-compatible chains is already in movement, based on the unique December 2025 announcement. With Solana now dwell, Hex Belief is anticipated to maneuver ahead with these deployments on a rolling foundation.
