XRP officially launches on Solana: a significant expansion for Ripple in the multi- chain era.
At the Solana Breakpoint 2025 event, Ripple made a significant impact by announcing the launch of wXRP – a wrapped version of XRP – on the Solana network. This was XEM by the community as a breakthrough, marking Ripple's first foray into Solana 's high-speed DeFi ecosystem. The wXRP version is backed 1:1 by XRP on the XRP Ledger (XRPL), maintaining its value and seamless transferability between the two networks.
wXRP is deployed through LayerZero's cross-chain infrastructure, allowing users to convert XRP assets to Solana and back to XRPL quickly, at low cost, and with a high level of security. Hex Trust Vai as the issuer, custodian, and guarantor, ensuring that the entire wXRP supply is backed 100% by real XRP , maintaining transparency throughout the wrapping and unwrapping process.
Ripple announced that users can trade wXRP from the outset on Solana 's key DeFi protocols such as Jupiter, Raydium, MarginFi, Solend, and many other liquidation platforms. XRP integration into Solana opens new opportunities for XRP holder to access the lending, yield farming, LP, and high-speed decentralized finance ecosystem, in which Solana leads in transaction processing performance.
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This event coincides with Solana continuous expansion of cross- chain interoperability. Prior to this, the Layer-2 Base system also launched a bridge between Base and Solana, enabling bidirectional asset movement to serve the needs of DeFi, Non-Fungible Token , and memecoins. This creates a context where Solana is increasingly becoming a focal point in the cross-chain asset flow, especially as the 2025 market is being driven by a wave of expansion into high-performance ecosystems, aligning with the Trump administration's direction of encouraging blockchain innovation in the US.
