Hex Trust to launch wrapped XRP on Solana on December 12 with over $100 million locked

On December 12, Hex Trust announced it will introduce wrapped XRP (wXRP) on Solana and other networks, including Ethereum, as a fully collateralized 1:1 representation of XRP. The rollout is planned to start with more than $100 million in locked value, while XRP's price trades around $2.03 after a modest daily gain of 0.84% and a 1.26% decline over the past week.