Ripple’s XRP just launched on Solana

Ripple’s XRP just launched a Solana version, potentially boosting liquidity and a new pool of traders. XRP launched on Solana just as it lost some of its open interest and trading activity on other networks. 

Ripple’s XRP launched on Solana as an official cross-chain asset. Previously, versions of the token launched unofficially and ended their activity after a while. The Solana X handle has hinted at interest in XRP, but only officially announced the token addition on April 17.

This time, the official Solana team announced the token will be added to a growing list of assets from other chains. 

XRP will launch on Solana in a wrapped form, similar to WBNB and wrapped Ethereum. The new version was launched in partnership with Ripple, Hex Trust, and other partners. 

The asset will gain access to the entire Solana DEX trading ecosystem, including Phantom wallet, Jupiter DEX, Meteora, and more. XRP attempts to draw in more liquidity to compensate for the relatively slow usage of Ripple’s native chain. 

XRP will be available for trading on some of the most widely used Solana platforms, and the asset may spread to lending protocols. XRP is expected to start with new trading pairs against SOL and USDC.

XRP also heavily relies on centralized exchanges, especially on South Korean assets. With the move to Solana, the token may tap one of the liveliest DEX ecosystems. 

Will XRP recover with Solana liquidity?

XRP recovered to around $1.48 after the latest market rally, after weeks of hovering around $1.30. 

Solana is currently one of the important venues of tokenization, adding both crypto and traditional assets. 

The exact trading velocity and liquidity may vary depending on the available trading pairs and liquidity providers. XRP may take a while before establishing high-velocity trading pairs. 

Solana tokenization accelerated in 2026

There is no single standard of tokenization for Solana-based tokens from other native chains. Sunrise is one of the tokenization services, constantly bringing new assets on the chain, including HYPE. 

Others, like PreStocks, list pre-IPO assets, with instant access reflecting sentiment and price expectations for yet unlisted tokens. 

The fastest-growing tokenized assets on Solana are still high-ranking tech stocks, including Anthropic. Solana is also a venue for a tokenized version of Strategy’s STRC. 

Almost all RWA on Solana have expanded to new records of on-chain value. Other issuers include Ondo Finance, Solstice Finance, XStocks, Securitize, and others. Demand for tokenized assets varies by protocol, and the process of adding new tokens on Solana is permissionless. 

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