XRP is entering the Solana network as wXRP, maintaining 1:1 redemption rights via the XRP Ledger. This launch opens access to Solana’s DeFi ecosystem while providing liquidity for users.
Analysts indicate XRP trades near a critical ‘flip area.’ Potential market movements are anticipated, with Ripple’s CTO highlighting cross-network utilization. The initial total value locked for wXRP starts at $100 million.
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