Ripple’s XRP and Solana collaboration has finally materialized. Today, Solana revealed that it will launch wXRP via various applications on its network. In response, Ripple’s native token got another boost as the overall cryptocurrency market recovered.
All about Ripple’s XRP and Solana collaboration
Post on X, Team Solana books“Breaking: XRP is live on Solana.” She added a video focusing on the logo of the Ripple-backed altcoin. Additionally, the four-second black-and-white clip featured Solana, Ripple, Hex Trust, and LayerZero as major contributors to the partnership.
The team also shared a chart of the Ripple token price, which showed the altcoin rising 5% today. “XRP is a native digital asset of the XRP Ledger, a decentralized public blockchain designed for fast, low-cost transactions,” the thread added.
This initiative is bringing wXRP (Wrapped XRP) to many applications on the Solana network. These services include Phantom Wallet, Titan Exchange, Jupiter Exchange, Meteora, and Byreal where traders can buy, sell, and hold wXRP.
Hex Trust and LayerZero infrastructure was used in the most recent successful launch. Furthermore, it should be noted that earlier this week Solana was already aroused Convert a partnership by posting “XRP” on X along with a clip showing the SOL logo.
RippleX, the arm of Ripple that handles XRPL developers, was quick to respond to this update. Regarding
