How to use XRP on Solana — wXRP explained

Decrypt reports that more than $1.2 million worth of wrapped XRP (wXRP) tokens have been minted on Solana as the Ripple-linked asset gains DeFi utility. The piece walks through the user path: bridge XRP via Hex Trust's lock-and-mint model, receive wXRP as a Solana SPL token, then use it in Jupiter swaps, Meteora liquidity pools, or as Phantom wallet collateral. Decrypt emphasizes this is not a trustless bridge — users rely on Hex Trust's custody for the 1:1 backing. The tradeoff is faster, cheaper DeFi access relative to XRP Ledger's limited DEX options.