Wrapped XRP launches on Solana, boosting DeFi

Wrapped XRP (wXRP) is now live on the Solana blockchain, facilitated by Hex Trust and LayerZero. This development allows XRP holders to access Solana's decentralized finance (DeFi) ecosystem without needing to sell their existing XRP holdings. wXRP functions as a 1:1 backed representation of XRP, aiming to enhance its utility. The integration enables XRP holders to participate in Solana's trading, liquidity, and yield opportunities, expanding their investment horizons and potentially increasing XRP's overall market engagement.