Which chains now host wXRP?

TLDR

Wrapped XRP (wXRP) is now live on Solana, Ethereum, Optimism, and HyperEVM, per recent launch updates from custodians and media coverage (confirmation).

1. wXRP uses a 1:1 custodial model backed by native XRP and launched with about $100 million in initial liquidity (model and liquidity).
2. Testing and expansions are signaled for L2s like Base, Ink, and Unichain alongside RLUSD pairings, but those are not fully live yet (expansion plan).
3. Wrapped assets carry bridge and custodian risk. Native XRP on XRPL does not have those specific risks (risk note).

Deep Dive

1. Current Chains

The active footprint for wXRP today spans Solana, Ethereum, Optimism, and HyperEVM. These deployments are intended to bring XRPs liquidity into DeFi venues beyond XRPL while preserving price exposure to the underlying asset through custody-backed minting and redemption (current set).

This aligns with reports that the launch targeted four chains out of the gate to avoid a cold start and seed liquidity for immediate pairing and trading (launch detail).

2. Expansion Path

Several articles and executive updates indicate a broader multichain plan tied to Ripples RLUSD stablecoin, with priority L2s including Optimism, Base, Ink, and Unichain. The stated goal is premier liquidity pairs between RLUSD and wXRP across those networks, beginning with testing and a phased rollout subject to approvals (planned phases).

That means the footprint could widen in 2025 as infrastructure and regulatory steps clear. For now, treat Base, Ink, and Unichain as upcoming targets rather than live hosts for wXRP.

3. Custody Model and Risks

wXRP is a custodial wrapped asset. A regulated issuer holds native XRP and mints wXRP one to one. The launch reportedly included about $100 million in initial liquidity to support immediate trading depth and pair formation (custodial model and liquidity).

Wrapped assets can introduce additional risk layers compared with holding native XRP, including bridge, smart contract, and custodian risk. These are standard for cross-chain access and should be weighed against the benefits of DeFi composability and multichain reach (risk context).

Conclusion

Today, wXRP runs on Solana, Ethereum, Optimism, and HyperEVM, bringing XRP liquidity into leading DeFi ecosystems. A broader rollout tied to RLUSD is in testing for L2s such as Base, Ink, and Unichain. Practical takeaway is utility and reach, balanced against the typical bridge and custodial risks of wrapped assets.