The announcement got here simply as each underlying property skilled substantial worth rebounds over the previous 24 hours.
Simply a few days after a cryptic tweet on X containing XRP’s brand, the official channel behind the Solana ecosystem introduced {that a} 1:1-backed token redeemable for Ripple’s cross-border token has launched on its blockchain.
The assertion coincided with notable worth good points charted by XRP and SOL as we speak because the geopolitical rigidity within the Center East eased.
XRP is a digital asset native to the XRP Ledger, a decentralized public blockchain designed for quick, low-cost transactions.
wXRP is dwell on Solana through @Hex_Trust and @LayerZero_Core, confirm the token deal with on @tokens: https://t.co/1RaxyHAbMT
— Solana (@solana) April 17, 2026
The product, dubbed wXRP, might be out there on the Solana blockchain by a partnership with Hex Belief, which can present custodial companies, and LayerZero’s cross-chain bridge.
The brand new wrapped asset is verifiable on tokens.xyz and instantly out there to be used in a number of Solana DeFi purposes, together with Phantom pockets, Jupiter Change, Titan Change, byreal_io, and Meteora.
The transfer now follows a pledge from Hex Belief from late 2025 to broaden XRP’s DeFi capabilities throughout completely different chains, beginning with Solana.
The ever-vocal XRP Military was fast to select up and reward the announcement, with John Squire saying, “The flip simply switched.” The timing can also be fairly intriguing because it comes on a day when the crypto market jumped after the de-escalation developments within the battle between the US/Israel and Iran.
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XRP was on the forefront of good points as we speak, surging to simply over $1.50 for the primary time in virtually a month. SOL briefly surpassed $90 earlier than it slipped to simply underneath that degree now.
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