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XRP expands utility with wrapped XRP launch on Solana, boosting DeFi access and demand.

Protocol Fundamentals
18 Apr 2026
Coinpaper
View Source
Bullish
pluang ai news

Ripple CEO Brad Garlinghouse announced a surge in XRP demand as wrapped XRP (wXRP) launched on the Solana blockchain, enabling XRP holders to use their assets in Solana's decentralized finance (DeFi) ecosystem without selling. This cross-chain integration, supported by Solana Foundation, LayerZero, and Hex Trust, enhances liquidity and utility by allowing XRP to be used for lending, trading, and yield generation. The move marks XRP's evolution from a payment token to a productive collateral asset in DeFi, supported by growing institutional and retail interest reflected in over $1.08 billion in XRP ETF assets. This development signals deeper interoperability and expanding real-world use cases for XRP across blockchain networks.

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