Ripple CTO Reacts to Solana's XRP Integration
Analysis
Price Impact
HighThe integration of wrapped xrp (wxrp) into the solana ecosystem significantly expands xrp's utility by allowing holders to access solana's defi products for lending, liquidity provision, and trading. this broadens xrp's reach and potential demand, with an expected $100m tvl at launch.
Trustworthiness
HighThe information is direct from ripple's cto, david schwartz, and corroborated by the solana foundation's vibhu norby, indicating official confirmation and support from both parties.
Price Direction
BullishIncreased utility and accessibility for xrp within a major defi ecosystem like solana are fundamentally bullish. more use cases and higher demand for wxrp (redeemable 1:1 for native xrp) should positively impact xrp's valuation.
Time Effect
LongWhile the announcement is immediate, the full adoption and integration of wxrp within solana's defi protocols will unfold over time, gradually contributing to sustained demand and price appreciation rather than an immediate spike.
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Article Content:
Cover image via U.Today Read U.TODAY on Google News David Schwartz, chief technology officer at Ripple, has reacted to Solana integrating XRP, describing this as a "good thing." Advertisement "More XRP ecosystems is a good thing. Letting XRP operate in more environments builds utility, and the XRPL remains the anchor that makes it all work," Schwartz said in a recent social media post. wXRP, the wrapped token, will allow XRP holders to maintain the same underlying asset while gaining access to Solana’s decentralized finance products. HOT Stories Ripple CTO Reacts to Solana's XRP Integration Crypto Market Prediction: Is Shiba Inu (SHIB) Dream Rally Ending? Ethereum Brutally Denied After Fakeout, Bitcoin (BTC) Not Giving up $100,000 XRP Holders Should Mark Their Calendars for These Dates 8 Trillion SHIB Leaves Exchanges, XRP Price Eyes $2.50 Rebound, $2.4 Billion in Ethereum Bought in One Month — Crypto News Digest This means they can lend XRP for yield, provide liquidity in trading pairs with SOL or stablecoins, buy tokenized assets, and interact with Solana DeFi protocols. Advertisement Importantly, wXRP is redeemable 1:1 for native XRP, so there is no risk of losing the underlying asset. You Might Also Like Sun, 11/23/2025 - 09:03 Schwartz Claims Other Revenue Reduces Ripple's Need to Sell XRP By Alex Dovbnya wXRP will launch with more than $100 million in total value locked (TVL), according to the announcement. Advertisement Mending fences Vibhu Norby of the Solana Foundation claims that the decision that this step came after engaging with the XRP community and understanding its uniqueness. "Through the resulting public learning process, I had a chance to meet many OG devs, core community members, memelords, and the team at Ripple itself, and I came to an understanding of the uniqueness of XRP as an asset, and its community," Norby said. Bitwise CEO Hunter Horsley has envisioned a world where different cryptocurrency ecosystems are collaborating instead of fighting each other. #Ripple News #Solana News