XRP Is Coming To Solana Via Hex Trust And LayerZero Bridge

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Solana is making a straight-for-the-liquidity play: bring XRP on-chain in a way that looks familiar to DeFi users, but legible to institutions. In a series of posts on X early Friday, Solana said XRP is “coming to Solana,” with Hex Trust and LayerZero set to bridge and issue a wrapped version of the token—wXRP—designed to be “DeFi-ready” on Solana while staying redeemable 1:1 for native XRP on the XRP Ledger.

XRP Heads To Solana As Wrapped Token

That “redeemable 1:1” line is doing a lot of work. According to Hex Trust, wXRP will be issued only when an equivalent amount of XRP is deposited into custody, and it will be burned

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