Wrapped XRP went dwell on Solana on Friday, issued by custodian Hex Belief and bridged via LayerZero, making the token accessible inside Solana’s DeFi apps for the primary time.
XRP holders can now use the wrapped asset on Jupiter, Phantom, Titan Alternate, and Meteora with out promoting their underlying place.
Every wXRP is backed 1:1 by native XRP held in segregated custody accounts and is redeemable at any time, in keeping with Hex Belief.
The Solana launch is one leg of a broader rollout Hex Belief disclosed in December 2025, which additionally targets Ethereum, Optimism, and HyperEVM. The transfer matches a sample that has accelerated via 2025 and 2026, the place tokens that began their life on one chain are being bridged to others to seize yield and liquidity that didn’t exist at launch.
XRP has traditionally functioned as a payment-rail token settled immediately on the XRP Ledger. Solana has constructed the other use case, a throughput-optimized sensible contract platform the place the DeFi and memecoin exercise really lives.
The piece of infrastructure beneath this deal is LayerZero, the cross-chain messaging protocol that has quietly gained many of the bridge quantity that used to circulate via Wormhole, Nomad, and Ronin earlier than these protocols had been exploited for greater than $1 billion mixed between 2022 and 2024.
Whether or not XRP generates significant DeFi quantity on Solana is a separate query. The wrapped asset is dwell, however the take a look at is whether or not holders really use it.