Gate News message, April 17 — Ripple’s XRP officially launched on Solana on April 17 as a wrapped cross-chain asset through a partnership with Ripple, Hex Trust, and other collaborators. The official Solana team announced the token addition, marking the first official XRP deployment on the network after earlier unofficial versions ceased operations.
The wrapped XRP token will gain access to Solana’s entire DEX ecosystem, including Phantom wallet, Jupiter DEX, and Meteora. Trading is expected to begin with pairs against SOL and USDC. The move aims to boost liquidity for XRP, which has experienced relatively slower adoption on Ripple’s native chain. XRP recovered to approximately $1.48 following the latest market rally, after hovering around $1.30 for several weeks.
Solana’s tokenization landscape accelerated in 2026, with the platform serving as a venue for cross-chain assets, real-world assets (RWA), and pre-IPO tokenized equities. Issuers including Ondo Finance, Solstice Finance, and Securitize have expanded their on-chain offerings, with tokenized stocks and RWA reaching near all-time highs in on-chain value. The addition of XRP reflects Solana’s growing role as a cross-chain liquidity hub.
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