Solana has shared a major announcement that could shift how users access liquidity across chains. In a recent post on X, the official Solana account revealed that XRP is coming to the Solana network.
Interest in cross-chain assets continues to rise as developers seek scalable pathways for value movement. The launch of wXRP, the wrapped version of XRP, positions the asset for wider activity in DeFi and exposes it to a new community of potential users.
BREAKING: XRP is coming to Solana 🔥 pic.twitter.com/LabnKkLs71
— Solana (@solana) December 12, 2025
Launch Details
Hex Trust will issue and custody wXRP, which matches XRP at a 1:1 ratio. The company stated that each unit is “1:1-backed” with native XRP held in segregated custody accounts. It will mint and redeem the asset through authorized merchants in a controlled environment. Hex Trust noted that users gain access to opportunities in DeFi while keeping redemption rights for native XRP.
Hex Trust revealed that the launch has more than $100 million in Total Value Locked to support liquidity. This level of locked value aims to promote stable pricing across markets where wXRP trades. Hex Trust highlighted that the tokens remain redeemable for XRP held in its regulated custody, which provides auditability and insurance coverage.
Will This Help XRP Grow?
The introduction of wXRP can affect XRP’s market structure because every wrapped token requires native XRP to remain locked in custody. This process will reduce XRP’s rapidly shrinking circulating supply and can tighten liquidity during periods of active demand. While this does not guarantee price appreciation, supply conditions often influence how assets respond to market interest.
The expansion of XRP’s utility across Solana and other supported chains may also attract new users who want a regulated way to participate in DeFi. Increased activity can boost transaction volumes on the XRP Ledger. Ripple executives have praised Solana, and this integration strengthens XRP’s role in cross-chain value transfer. These factors can support healthier market conditions for XRP.
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Market Outlook
The development expands XRP’s utility into sectors that focus on speed, volume, and capital efficiency. Utility can influence market interest and price movements, and exposure to the Solana network supercharges XRP’s utility. DeFi participation may also create new demand for XRP as users shift assets across chains for swaps or liquidity opportunities.
Solana benefits as well. Additional liquidity and asset diversity can support growth in activity across DeFi platforms. WXRP expands activity for both ecosystems and creates new routes for liquidity movement. The development signals a further step toward a more unified cross-chain utility for XRP.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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