XRP's DeFi Game Just Changed Forever! š¤Æ
Hex Trust is dropping wrapped XRP (wXRP) on Solana, powered by LayerZero! This isn't just another token; it's 1:1 backed XRP expanding its reach into cross-chain DeFi. Get ready for more utility, liquidity, and access to DeFi rewards. This move is set to unlock over $1000X million in TVL, bridging XRP with RLUSD across multiple blockchains. Expect to see wXRP on Optimism, Ethereum, and more soon. This is a massive step for institutional and individual access to DeFi applications for XRP holders.
This news comes as Ripple continues to enhance the XRPL. While $XRP saw a slight bump, the market's reaction to wXRP on $SOL has been muted so far, despite Solana's own recent rebound.
Disclaimer: This is not financial advice. DYOR.
#XRP #DeFi #CryptoNews #Solana #Blockchain
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