Solana hosts wXRP – Can $3.9B liquidity unlock XRP’s DeFi future?

ambcryptoОпубликовано 2025-12-14Обновлено 2025-12-14

Введение

Hex Trust, a digital asset solutions firm, is launching a wrapped version of XRP (wXRP) on the Solana blockchain, a strategic move to unlock deeper liquidity for the token in the DeFi ecosystem. This shift from the native XRP Ledger (XRPL) to Solana is significant due to the vast difference in on-chain activity; Solana's 24H DEX volume of $3.9 billion is about 575 times larger than XRPL's $6.78 million. While Ripple is pushing for mainstream adoption and institutional demand for XRP is growing, XRPL's limited DeFi infrastructure, evidenced by its low Total Value Locked (TVL) of $69 million, is a constraint. By leveraging Solana's $17 billion TVL and robust ecosystem, wXRP gains access to deeper liquidity, broader protocol integration, and the ability to support larger on-chain flows, giving it a clear strategic edge for traders and institutions.

DeFi liquidity is becoming increasingly important as more Layer 1 networks move toward mainstream adoption. Notably, recent developments around Ripple [XRP] are directly targeting this space.

Hex Trust, a digital asset solutions firm, is launching a wrapped version of XRP, called wXRP, expanding the token’s reach into the DeFi ecosystem. Simply put, XRP liquidity is no longer confined to Ripple-led rails.

Instead, the firm has selected Solana [SOL] as the chain for wXRP, making this a textbook cross-chain move. In effect, XRP’s DeFi use case is shifting from its native L1 to Solana, allowing it to tap into deeper on-chain activity.

Data from DeFiLlama backs this move, reinforcing Solana’s infrastructure.

For example, Solana’s 24H DEX volume sat at $3.9 billion at press time. That’s about 575x higher than XRPL’s $6.78 million. Consequently, shifting wXRP to Solana boosts its on-chain liquidity, making it far more usable for traders.

That said, while this move showcases Solana’s on-chain strength, it also raises questions about XRPL’s limitations. Simply put, does the wXRP launch highlight XRPL’s relative weakness in supporting DeFi activity?

wXRP launch gives XRP a strategic edge in DeFi

Ripple is making 2025 its year to push for mainstream adoption.

Primarily, by targeting the payments market, Ripple’s native token has become more liquid. But the on-chain impact is still limited. Total Value Locked (TVL) on XRPL sat at just $69 million, as of writing, slipping back to June levels.

Other metrics show a similar trend. Despite RLUSD, the total stablecoin market cap on XRPL is just $343 million. By comparison, Solana’s TVL sat at $17 billion, making it clear which L1 currently offers much deeper liquidity.

In this context, Hex Trust’s wXRP launch looks like a smart strategic pivot.

With Ripple expanding financial adoption, institutional demand for XRP is on the rise, supported by ETF inflows. Against this setup, wXRP acts as a bridge, giving traders and institutions easier access to XRP liquidity.

However, by launching on Solana, the token taps into deeper liquidity, giving it a clear edge in the DeFi ecosystem, positioning it to interact with a wider range of protocols and support larger on-chain flows.


Final Thoughts

  • Hex Trust’s wXRP launch moves XRP liquidity from its native L1 to Solana, significantly enhancing on-chain activity.
  • Solana’s 24H DEX volume is roughly 575x higher than XRPL’s, giving wXRP deeper liquidity and broader protocol integration opportunities.

Похожее

WSJ: Unveiling the Secret Jury That Controls Disputes on Polymarket

Last month, Garrick Wilhelm lost a $567 bet on the Polymarket prediction platform about whether a ceasefire would be reached with Hezbollah. When a truce was announced, some traders argued it counted, but Wilhelm disagreed. The dispute was settled not by Polymarket, but by a decentralized group of UMA token holders who vote on such disagreements. As trading surges, resolving ambiguous outcomes is a growing challenge for prediction markets. Unlike competitors like Kalshi that decide internally, Polymarket outsources dispute resolution to UMA. Its token holders, mostly anonymous and with voting power weighted by holdings, arbitrate cases. Critics argue this system is prone to manipulation, as voters can also bet on the same markets they judge. A Wall Street Journal analysis found that over the past year, at least 60% of active UMA voters had corresponding Polymarket accounts and held positions in disputes they voted on. Voting power is also concentrated among a few large holders. Polymarket says only 0.2% of bets go to UMA and that the system disperses authority. Its founder has acknowledged flaws and promised fixes. UMA's backers deny any proven manipulation, dismissing critics as sore losers. The platform penalizes voters in the minority to incentivize "correct" outcomes. Disputes are rising, covering topics from a streamer's pregnancy announcement to Iran. This model also helps Polymarket argue it's an offshore platform outside U.S. regulation, a shift made after a 2022 settlement with the CFTC. Some losing traders have formed groups to protest, targeting entities like UMA.rocks, which aggregates votes. Its founder says traders often blame UMA for their own mistakes. A recently ousted committee member, Scout, admitted to both betting and voting but argued involved voters research more thoroughly. He highlighted the dilemma: "Either you have conflicted traders deciding, or you have uninformed outsiders voting. There is no perfect answer right now."

marsbit7 мин. назад

WSJ: Unveiling the Secret Jury That Controls Disputes on Polymarket

marsbit7 мин. назад

China's AI Circle Has Just Established a Pecking Order, and Capital Is Already Changing the Rules Again

The article describes how the valuation logic for major Chinese AI model companies has undergone three dramatic shifts between 2022 and 2026, driven by capital's changing priorities. The first phase (around 2022) was **technology-driven valuation**, where funding was based on model performance and benchmark scores. This logic was disrupted when DeepSeek's R1 model demonstrated that comparable capabilities could be achieved at a fraction of the cost, challenging the notion of technical superiority as an unassailable moat. The second phase shifted to **IPO window-driven valuation**. Following favorable listing conditions in Hong Kong, capital flowed to companies like Zhipu and MiniMax with the clearest path to a public listing. However, this focus on liquidity over fundamentals became apparent as their Annual Recurring Revenue (ARR) lagged far behind international peers like Anthropic. The third and current phase is **national strategy-driven valuation**. This shift was marked by the state-backed "Big Fund" leading a major investment in DeepSeek, signaling that leading domestic AI models are now viewed as strategic national assets comparable to semiconductor manufacturing. This new logic, combined with soaring US valuation benchmarks (e.g., OpenAI at $850B), propelled the combined valuation of China's top AI firms ("The Four Dragons"/"Five Strong") past 1 trillion RMB. The article presents a "pricing leap model": each shift is triggered by a key event that invalidates the old logic, leading to rapid capital reallocation under a new narrative before its flaws (particularly the gap in fundamental ARR metrics) become evident. It concludes that the next major test for these valuations will be a return to scrutinizing core business fundamentals, specifically ARR growth, suggesting a fourth pricing shift is imminent.

marsbit33 мин. назад

China's AI Circle Has Just Established a Pecking Order, and Capital Is Already Changing the Rules Again

marsbit33 мин. назад

'Stock God' Trump's 3,642 Trades Disclosed: The 'Perfect Closed Loop' of Policy and Portfolio

Summary: Donald Trump's First Quarter stock trades, totaling 3,642 transactions, have been disclosed. While the White House maintains the trades were managed by an advisor and complied with disclosure laws, they reveal a portfolio heavily aligned with his policy agenda. The trades show a rotation away from major tech stocks like Microsoft, Amazon, and Meta, and into semiconductor and AI hardware companies such as NVIDIA, AMD, Broadcom, Dell, and Intel. Notably, Trump's account purchased Dell stock before he publicly praised the company, after which its stock rose. The Dell family also pledged funds to a Trump-affiliated policy project. A critical case is Intel. The Trump administration converted $8.9 billion in CHIPS Act subsidies into a 9.9% equity stake, making the U.S. government Intel's largest shareholder. Months later, Trump's personal account also bought Intel stock. This intertwines national industrial policy with potential personal financial interest. Unlike typical insider trading concerns, this situation creates a "closed loop": policy decisions (e.g., subsidies, tariffs, crypto regulation) can boost the value of his holdings, and those holdings may, in turn, influence future policy directions. This blending of presidential power and personal portfolio, while legally disclosed, raises profound questions about conflicts of interest that current rules do not address.

marsbit48 мин. назад

'Stock God' Trump's 3,642 Trades Disclosed: The 'Perfect Closed Loop' of Policy and Portfolio

marsbit48 мин. назад

Dialogue with Figure Robotics Founder: Behind the $39 Billion Valuation Lies Ambition to Mass-Produce Millions of Units

Title: Figure's Founder on the $39B Valuation and the Ambition to Mass Produce a Million Humanoid Robots In a Sourcery podcast interview, Figure founder and CEO Brett Adcock discusses the rapid rise of his humanoid robotics company. With a valuation that surged 15x in 18 months to $39 billion, Figure aims to create general-purpose humanoid robots for work in factories and homes. Adcock states that the company's primary goal is to make robots that perform real, paid work autonomously. He shares Figure's aggressive scaling plan: producing thousands of robots this year, with an ultimate ambition to reach one million units annually. Adcock explains Figure's vertically integrated strategy, designing its own motors, sensors, and joints to control its supply chain and destiny. He details the challenges, including achieving long-term, reliable, end-to-end autonomous operation—a feat no one has yet accomplished. The biggest risk is executing this complex vision at scale, but Adcock believes the potential market is enormous, representing a significant portion of global GDP. The interview also covers his departure from OpenAI, citing that Figure's internal AI team eventually surpassed OpenAI's capabilities for robotics applications. Adcock concludes by highlighting his focus for the year: large-scale commercial deployment of robots and advancing toward a "general robot" capable of any human task, potentially seeing the first signs of AGI (Artificial General Intelligence) in the physical world at Figure.

marsbit49 мин. назад

Dialogue with Figure Robotics Founder: Behind the $39 Billion Valuation Lies Ambition to Mass-Produce Millions of Units

marsbit49 мин. назад

Торговля

Спот
Фьючерсы

Популярные статьи

Как купить S

Добро пожаловать на HTX.com! Мы сделали приобретение Sonic (S) простым и удобным. Следуйте нашему пошаговому руководству и отправляйтесь в свое крипто-путешествие.Шаг 1: Создайте аккаунт на HTXИспользуйте свой адрес электронной почты или номер телефона, чтобы зарегистрироваться и бесплатно создать аккаунт на HTX. Пройдите удобную регистрацию и откройте для себя весь функционал.Создать аккаунтШаг 2: Перейдите в Купить криптовалюту и выберите свой способ оплатыКредитная/Дебетовая Карта: Используйте свою карту Visa или Mastercard для мгновенной покупки Sonic (S).Баланс: Используйте средства с баланса вашего аккаунта HTX для простой торговли.Третьи Лица: Мы добавили популярные способы оплаты, такие как Google Pay и Apple Pay, для повышения удобства.P2P: Торгуйте напрямую с другими пользователями на HTX.Внебиржевая Торговля (OTC): Мы предлагаем индивидуальные услуги и конкурентоспособные обменные курсы для трейдеров.Шаг 3: Хранение Sonic (S)После приобретения вами Sonic (S) храните их в своем аккаунте на HTX. В качестве альтернативы вы можете отправить их куда-либо с помощью перевода в блокчейне или использовать для торговли с другими криптовалютами.Шаг 4: Торговля Sonic (S)С легкостью торгуйте Sonic (S) на спотовом рынке HTX. Просто зайдите в свой аккаунт, выберите торговую пару, совершайте сделки и следите за ними в режиме реального времени. Мы предлагаем удобный интерфейс как для начинающих, так и для опытных трейдеров.

1.3k просмотров всегоОпубликовано 2025.01.15Обновлено 2025.03.21

Как купить S

Sonic: Обновления под руководством Андре Кронье – новая звезда Layer-1 на фоне спада рынка

Он решает проблемы масштабируемости, совместимости между блокчейнами и стимулов для разработчиков с помощью технологических инноваций.

2.2k просмотров всегоОпубликовано 2025.04.09Обновлено 2025.04.09

Sonic: Обновления под руководством Андре Кронье – новая звезда Layer-1 на фоне спада рынка

HTX Learn: Пройдите обучение по "Sonic" и разделите 1000 USDT

HTX Learn — ваш проводник в мир перспективных проектов, и мы запускаем специальное мероприятие "Учитесь и Зарабатывайте", посвящённое этим проектам. Наше новое направление .

1.8k просмотров всегоОпубликовано 2025.04.10Обновлено 2025.04.10

HTX Learn: Пройдите обучение по "Sonic" и разделите 1000 USDT

Обсуждения

Добро пожаловать в Сообщество HTX. Здесь вы сможете быть в курсе последних новостей о развитии платформы и получить доступ к профессиональной аналитической информации о рынке. Мнения пользователей о цене на S (S) представлены ниже.

活动图片