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New York City â 09:58 AM (NYC Time)
Wrapped XRP (wXRP) has officially launched on Solana, marking a major leap for crossâchain DeFi as Hex Trust and LayerZero deploy over $100 million in initial liquidity, enabling XRP holders to tap into Solanaâs highâspeed DEXs, lending markets, and yield protocols âĄđ.
The wrapped asset maintains 1:1 backing with native XRP held in regulated custody, using LayerZeroâs OFT messaging layer to move securely across chains without the risks associated with traditional bridges đđ. [crypto.com]
This expansion transforms XRP from a paymentsâfocused token into a multiâchain DeFi participant, connecting it to Solanaâs deep liquidity and subâsecond finality while preserving full redemption to native XRP at any time đđ§.
According to the launch details, the integration unlocks new crossâchain liquidity pools, swaps, and reward systems previously inaccessible to XRP holders đđ. [crypto.com]
The move signals a broader shift toward regulated, institutionâgrade interoperabilityâpositioning wXRP as a bridge between XRP Ledger security and Solanaâs highâperformance ecosystem, with further deployments planned across Ethereum, Optimism, HyperEVM, and more đđ„. [crypto.com]
#WrappedXRP #SolanaDeFi #CrossChainRevolution #XRPUnderway đđđŒ