[DigitalToday reporter Hyunwoo Choo] Ripple's XRP has launched on Solana as an official cross-chain asset. Cryptopolitan reported on April 17 that XRP is coming to Solana in wrapped form, allowing it to broaden liquidity into Solana's decentralised exchange ecosystem.

Solana announced the official inclusion of XRP on X on April 17. An unofficial version of XRP had previously appeared on Solana, but activity did not last long.

The new XRP was launched in cooperation with Ripple and Hex Trust, among others. Its structure is similar to WBNB and wrapped ether. That allows XRP to be traded across Solana's trading ecosystem, including Phantom wallet, Jupiter DEX and Meteora. XRP is expected to start with trading pairs against SOL and USDC, and the possibility of expanding to lending protocols has also been raised.

XRP has so far relied heavily on centralised exchanges, with a relatively large share of trading tied to Korea-related assets. The inclusion on Solana gives XRP access to an active DEX ecosystem, but actual liquidity and trading speed could vary depending on the make-up of trading pairs and the securing of liquidity providers. It may take time for trading pairs with fast execution to become established.

XRP's price has recently recovered to around $1.48 amid a broader market rebound. For several weeks earlier it moved around $1.30. The Solana launch coincided with a time when XRP lost some open interest and trading activity on other networks.

Solana has been expanding in 2026 into a base for tokenisation of cryptocurrencies and traditional assets. But there is no single standard for bringing assets based on other chains onto Solana. Sunrise is adding assets including HYPE, and PreStocks is listing pre-IPO corporate assets. Tokenised assets tied to tech stocks such as Anthropic and a tokenised version of Strategy's STRC token are also circulating on Solana. Ondo Finance, Solstice Finance, XStocks and Securitize are also participating in issuing related assets.