Hex Trust Brings 1:1 Backed Wrapped XRP to Solana’s Ecosystem

Key Takeaways:

• Wrapped XRP launched connected Solana this week, backed 1:1 by Hex Trust with astir 834,498 wXRP successful circulation.
• LayerZero’s OFT modular bridges wXRP crossed chains, giving Solana DeFi entree to implicit $100 cardinal successful archetypal XRP liquidity.
• Phantom, Jupiter, and Meteora already enactment wXRP, with Ethereum and EVM concatenation expansions already successful motion.

XRP Is Now connected Solana via Hex Trust

The motorboat was confirmed by the authoritative Solana X account, which posted “BREAKING: XRP is unrecorded connected Solana” alongside a video and method details. The token, known arsenic wXRP, is issued and custodied by Hex Trust, a regulated integer plus custodian. Cross-chain infrastructure is handled by Layerzero utilizing its OFT bridging standard.

Hex Trust archetypal announced plans for wXRP connected Dec. 12, 2025. At that time, the institution said the token would motorboat crossed aggregate blockchains, including Solana, Ethereum, Optimism, and HyperEVM, with further chains planned. The archetypal rollout was reported to transportation implicit $100 cardinal successful liquidity.

wXRP is afloat collateralized astatine a 1:1 ratio. When an authorized idiosyncratic deposits autochthonal XRP with Hex Trust, the custodian mints an equivalent magnitude of wXRP connected the people chain. Users tin pain wXRP astatine immoderate clip to redeem autochthonal XRP from custody. Hex Trust publishes onchain impervious of reserves, and existent information shows astir 50.83 cardinal XRP backing the aforesaid magnitude of wXRP crossed each supported chains.

On Solana specifically, astir 834,498 wXRP tokens are presently successful circulation. At XRP prices successful the $1.44 to $1.50 range, that represents astir $1.2 cardinal successful Solana-based supply.

XRP holders utilizing wXRP connected Solana tin trade, lend, supply liquidity, oregon station it arsenic collateral successful DeFi protocols. Several large Solana applications already enactment the token, including Phantom wallet, Jupiter Exchange, Meteora, Titan Exchange, and byreal_io. Additional integrations are expected.

Solana directed users to verify the authoritative wXRP token code astatine tokens.xyz/xrp to debar counterfeit tokens. Hex Trust besides publishes the afloat Solana declaration code connected its site.

XRP moved up astir 2 to 5 percent successful the trading sessions astir the launch, with the terms holding successful the $1.44 to $1.50 scope alongside broader marketplace activity.

The wXRP operation introduces 2 layers of third-party hazard that holders should understand. Custody depends connected Hex Trust, and bridging depends connected Layerzero. wXRP is intended for DeFi usage cases and is not a substitute for autochthonal XRP successful XRP Ledger settlements.

Hex Trust holds the relation of qualified organization custodian, and minting is constricted to KYC/AML-verified participants. That compliance furniture is cardinal to however the token was designed, and it separates wXRP from earlier, little regulated wrapped plus products.

The motorboat fits a broader signifier successful crypto wherever ample token ecosystems question liquidity and output opportunities extracurricular their autochthonal chains. Solana gains different large plus to enactment DeFi full worth locked growth, portion XRP holders summation a compliant way to earning output connected their holdings.

Ripple’s RLUSD stablecoin was mentioned arsenic a imaginable pairing plus for wXRP connected Solana, which could unfastened further trading pairs and liquidity pool configurations erstwhile integrations mature.

Expansion to different EVM-compatible chains is already successful motion, according to the archetypal December 2025 announcement. With Solana present live, Hex Trust is expected to determination guardant with those deployments connected a rolling basis.