Hex Trust don launch wXRP for Solana, Ethereum and other chains wey get over $100M TVL

Published: 2025-12-15 10:24:15 |

Hex Trust, wey dem dey work with LayerZero and teams wey dey related to RippleX, don launch wrapped XRP (wXRP) as 1:1 token wey represent native XRP for Solana at launch and dem get plan to put am for Ethereum, Optimism, HyperEVM and other chains. wXRP dey use LayerZero’s Omnichain Fungible Token standard to make secure cross‑chain transfers possible without the traditional unregulated bridges; minting and redemption dey controlled by authorised merchants and dem get burn mechanism wey dey keep parity with on‑chain XRP. Hex Trust talk say dem go seed wXRP with over $100 million in total value locked (TVL) at launch and dem highlight institutional custody features — segregated holdings, auditability, insurance and KYC/AML compliance — to meet regulatory expectations. The wrapped token aim na to expand XRP’s DeFi utility (swaps, liquidity provisioning, collateral, yield) and to interoperate with Ripple products like RLUSD. XRP dey trade near $2.00 when dem publish am. Keywords: wXRP, wrapped XRP, Hex Trust, LayerZero, Solana, Ethereum, TVL, RLUSD, DeFi.

Bullish

Di-launch wey dem do wXRP wit institutional custody, LayerZero cross‑chain technology and dem tok say dem go seed ova $100M TVL fit raise how XRP dey useful and make on‑chain demand go up. Short term, dis kain news fit make people buy as traders dey expect new DeFi flows, liquidity pools and yield chances—specially for Solana wey dem first dey put liquidity—wey fit support price up for XRP or im wrapped versions. Wetin make am safer na say dem dey use audited custody, insurance and KYC/AML, so regulatory and counterparty risk small pass una‑regulated bridges, and dat fit make institutions join more over time. Long term, if e wide cross‑chain availability and e hook up with products like RLUSD, e fit keep on‑chain velocity high and make people demand XRP as collateral, wey go better market structure. Things wey fit reduce the good effect na delays for deploying to more chains, less TVL uptake than dem expect, or bad regulatory developments wey affect XRP generally, but overall the operational and liquidity upgrades point to net positive price impact.