Wrapped XRP
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XRP price prediction & outlook
Start with the anchor fact: this Solana token's price is set by native XRP markets, not by this pool. Authorized merchants can mint and redeem the wrapper 1:1 for native XRP held in custody, so sustained gaps between the two get closed by arbitrage; the price question here is really the native XRP question, plus one wrapper-specific risk layer. This is not financial advice.
What drives native XRP's price
- Institutional payment adoption
- XRP positions itself as a bridge currency for the multi-trillion-dollar cross-border settlement market; real usage by banks and payment providers, not narrative, is what moves durable demand for the underlying asset.
- Regulatory clarity
- XRP's legal status in key jurisdictions has historically moved its price more than most assets'; every increment of regulatory certainty shrinks the discount the market applies to it.
- Supply mechanics
- All 100 billion XRP were pre-mined with no new issuance, and every XRP Ledger transaction burns a small fee, leaving supply fixed and modestly deflationary; demand changes therefore produce a cleaner price signal than on inflationary assets.
- The broader crypto cycle
- XRP correlates with Bitcoin-led cycles in both directions regardless of its own fundamentals.
- Bridge and custody trust
- The peg holds as long as Hex Trust's custody and the LayerZero OFT bridge function correctly; a custodian or bridge failure would hit this token before it touched native XRP. Redemption runs through authorized merchants at the issuance layer, not directly from a retail wallet.
- Extreme thinness
- This token showed roughly 14 holders and minimal daily volume at capture; larger trades can move the local price well off native parity until arbitrage catches up, and exiting at quoted rates may be difficult.
What would it take for XRP to reach $X?
Targets below are native-XRP levels the wrapper would track; implied caps use THIS token's roughly 100M circulating supply and are computed from the live market cap, so they never go stale.
- $2.00~$1.7M cap1.4x
- $3.00~$2.5M cap2.0x
- $7.50~$6.3M cap5.1x
Can XRP reach $3.00?
That is a question about native XRP: $3.00 requires the native market, driven by payment adoption, regulatory clarity, and the broader cycle, to support that level, and this wrapper would simply track it through arbitrage. On this token's own 100M supply, $3.00 implies about $300 million of local market cap, but local demand does not move the price; native markets do. No one can predict whether any asset reaches a given level, and a token this thin adds execution risk on top. These are conditions, not predictions, and this is not financial advice.
To evaluate any XRP target: judge it against native XRP's market, then ask separately whether this wrapper's custody, redemption path, and liquidity serve your purpose.
How to buy wrapped XRP on Solana in Phantom
You are buying a bridged, custody-backed representation of XRP on Solana, not native XRP on the XRP Ledger; know that before you start. With a funded wallet the swap takes under a minute.
Want native XRP instead? Native XRP trades deeply on major centralized exchanges and lives on the XRP Ledger. If your goal is simple XRP exposure rather than using XRP inside Solana DeFi, buying native XRP on an exchange is the direct route; this wrapper exists for holders who specifically want their XRP working on Solana rails.
- Install Phantom and secure your walletDownload Phantom (iOS, Android, or browser extension) and create or import a wallet. Write your Secret Recovery Phrase down offline and store it safely; anyone holding it controls your funds, and Phantom never has access to it.
- Fund your wallet with SOLSOL pays the network fee (a fraction of a cent) and serves as the swap input unless you swap from another Solana token. Buy SOL directly in Phantom with a card or bank transfer, or send it from an exchange.
- Review the quote and confirmCheck the estimated output, network fee, and swap spread; with liquidity this thin, price impact deserves real attention on anything beyond small orders. The token settles to your self-custody wallet within seconds.
Search by mint address, not by name
Multiple tokens on Solana use the XRP name and ticker, including outright fakes. In the Swap tab, paste the mint address as the destination token; it is the only Phantom-listed wrapped XRP, and searching by address is the step that protects you.
What buying wrapped XRP actually costs
Network fees are negligible; the real costs are the swap spread and price impact on a pool this thin. Self-custody means no platform can freeze the tokens, and the matching nuance is that converting back to NATIVE XRP is not a retail wallet function; redemption runs through Hex Trust's authorized-merchant layer, so your practical exit is swapping back to SOL or another Solana asset at market rates.
About
Wrapped XRP on Solana is a bridged representation of native XRP, issued and custodied by Hex Trust, a regulated digital-asset custodian. Per Hex Trust's own announcement, each wrapped token is backed 1:1 by native XRP held in segregated custody accounts with insurance coverage and full auditability, under a mint-and-burn model in which no wrapped token can exist without a corresponding XRP deposit. Hex Trust announced the product in December 2025, and the Solana deployment went live in early 2026 using LayerZero's OFT (Omnichain Fungible Token) standard, which lets the asset move across supported chains. The purpose is simple: letting XRP holders put their asset to work in Solana DeFi without selling it.
Native XRP is a different animal: it lives on the XRP Ledger, a payments-focused chain processing on the order of 1,500 transactions per second with 3-to-5-second settlement, running Federated Byzantine Agreement consensus rather than Solana's Proof of History, with all 100 billion tokens pre-mined at genesis and a small fee burned on every transaction. The XRP Ledger cannot run Solana programs and vice versa, which is exactly why a custody-backed wrapper exists. The two assets track one price through arbitrage while carrying different risk profiles, and at capture this Solana wrapper was strikingly early-stage: roughly 100 million tokens, 14 holders, and minimal daily volume, institutional plumbing awaiting adoption rather than a retail market.
Is wrapped XRP safe?
- Custody and bridge risk
- The peg rests on Hex Trust's custody and the LayerZero bridge functioning correctly; custodian failure or a bridge exploit would hit this token first. The 1:1 backing, segregated accounts, and insurance are the issuer's own attested arrangements; weigh them as such.
- Redemption access
- Converting wrapped tokens back to native XRP runs through authorized merchants at the issuance layer, not from a retail wallet; your practical exit on Solana is swapping to another asset at market rates.
- Liquidity thinness
- With about 14 holders at capture, this is one of the thinnest tokens Phantom lists; large orders move the price, and stress-time exits may be hard.
- Mint verification
- Multiple same-name XRP tokens exist on Solana, including fakes with real-looking liquidity; only the Phantom-listed mint on this page is genuine, and any other address is not this asset.
Never share your Secret Recovery Phrase, and treat unsolicited XRP-related DMs or "support" contacts as theft attempts. Nothing here is financial advice.
FAQ
The market capitalization of wXRP is $1.2M as of Aug 24, 2026.
Market capitalization is calculated by multiplying the current price of wXRP by its circulating supply. It reflects the overall value of the token in the market and helps gauge its relative size compared to other cryptocurrencies.
The daily trading volume of wXRP is $447K as of Aug 24, 2026.
Trading volume can fluctuate based on market conditions, investor activity, and overall demand for wXRP.
The total supply of wXRP is 834.48K.
The circulating supply, which represents the number of wXRP currently available in the market, is 834.48K as of Aug 24, 2026.
wXRP can be bought and traded on a variety of cryptocurrency platforms, including Phantom!
Wrapped XRP on Solana is a bridged representation of native XRP, issued by the regulated custodian Hex Trust and backed 1:1 by native XRP held in segregated custody accounts. It uses LayerZero's OFT standard and exists so XRP holders can use Solana DeFi without selling their XRP. It is not native XRP, which lives on the XRP Ledger.
It is a legitimate, 1:1 custody-backed representation of XRP, but not native XRP itself: native XRP trades on major exchanges and settles on the XRP Ledger, while this token runs on Solana with its price tied to native markets through arbitrage. Redemption to native XRP runs through authorized merchants at the issuance layer rather than from a retail wallet, and multiple fake XRP tokens exist on Solana, so the mint address is the only reliable identifier.
Fund your Phantom wallet with SOL, open the Swap tab, and paste the mint address as the destination token rather than searching by name, because multiple Solana tokens use the XRP ticker. Review the estimated output, fee, and spread, then confirm; the token settles to your self-custody wallet in seconds. On a pool this thin, check price impact before anything beyond a small order.
Yes. Every Solana transaction pays a small fee in SOL, typically a fraction of a cent, and SOL is also the usual swap input. Buy SOL directly in Phantom with a card or bank transfer, or transfer it from an exchange, and keep a small buffer after the swap so future transactions never fail on fee coverage.
Hex Trust, a regulated digital-asset platform and qualified custodian, issues and custodies the token, holding the underlying XRP in segregated, insured, auditable accounts under a mint-and-burn model, per its December 2025 announcement. The Solana deployment went live in early 2026 on LayerZero's OFT standard. Phantom lists the token but has no role in its issuance or custody.
That is a question about native XRP, whose market this wrapper tracks through arbitrage: $3.00 would require payment adoption, regulatory clarity, and a supportive cycle to carry the native asset there. On this token's roughly 100M supply, $3.00 implies about $300 million of local market cap, but local demand does not set the price; native markets do. No price target is predictable, and this is not financial advice.
Native XRP settles on the XRP Ledger, a payments-focused chain with pre-mined fixed supply and deep exchange markets; this token is a Hex Trust custody-backed wrapper living on Solana so the asset can work in Solana DeFi. They track one price via arbitrage, but the wrapper adds custodian trust, bridge risk, merchant-layer redemption, and severe liquidity thinness (about 14 holders at capture) that native XRP does not carry.
Pricing information is provided for informational purposes only and is not financial advice. Market data is provided by third parties and Phantom makes no representation as to the accuracy of the information.
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Pricing information is provided for informational purposes only and is not financial advice. Market data is provided by third parties and Phantom makes no representation as to the accuracy of the information.