Solana Teases XRP Launch on Network as ‘XRP Army’ Reacts

Solana has hinted at the potential launch of a wrapped version of XRP on its network or a collaboration between the two networks. This has immediately drawn reactions from the ‘XRP Army,’ with many welcoming the move.

Solana Hints At XRP Integration On Network

In an X post, the Solana team shared a video with the caption “XRP,” hinting at a potential integration of the token into the network. This comes as Solana seeks to be the ‘capital market for every asset on earth.’

Solana co-founder also reacted to the post, signaling that plans to launch a wrapped version of the Ripple-linked token may be on the horizon. It is worth noting that Hex Trust partnered with LayerZero last year to launch Wrapped XRP (WXRP) on Solana and other networks, including Ethereum.

However, the wrapped token has seen little adoption on the top layer-1 network, with almost all the token’s supply on Ethereum instead. Notably, Solana already hosts a number of wrapped tokens, including Bitcoin, Ethereum, and ZEC.

Meanwhile, XRP has also launched on other networks, including the Flare network. Flare launched FXRP last year to enable XRP holders to earn yields on their holdings. FXRP also launched on the Perp DEX Hyperliquid earlier this year, providing traders with a way to gain spot access to the Ripple-linked token.

Ripple Community Reacts To Solana’s Post

Solana’s post has drawn reactions from members of the Ripple community, including Ripple’s developer arm. Crypto commentator Wendy described a potential partnership between XRP and Solana as “iconic.”

Meanwhile, XRPL developer Bird said, “It’s literally XRP season.” It is worth noting that the potential integration of XRP into the Solana network is just one of many recent positive developments for the Ripple-linked token.

As CoinGape reported, the XRPL has added on-chain privacy, which developers described as the ‘missing piece’ for institutional adoption on the network. Furthermore, Ripple recently partnered with Kyobo Life Insurance for real-time tokenized government bond settlement on the XRPL.

The XRP price is up today amid these developments, recovering alongside the broader crypto market. The token is currently trading at around $1.38, up almost 2% today, according to TradingView data.