Solana's Native Token Is Now Tradable on the XRP Ledger's Built-In DEX

Axelar announced on August 14 that SOL is now live on the XRP Ledger, accessible through the network's native order-book DEX. Users can bridge SOL at app.axelar.network or trade it directly on XRPL's built-in DEX through frontends already integrated with Axelar's infrastructure.

This is a downstream activation of Axelar's Solana mainnet integration, which went live June 3, 2026. That integration connected Solana to Axelar's General Message Passing and Interchain Token Service, enabling asset movement between Solana and the more than 70 chains Axelar supports, of which the XRP Ledger is now a live destination for SOL.

How Axelar Issues Wrapped SOL on the XRP Ledger

When SOL crosses the Axelar bridge, the protocol locks the original tokens and issues a corresponding wrapped version natively on XRPL. Because XRPL tokens are automatically compatible with the ledger's built-in order-book DEX, the wrapped token can be traded against XRP and other XRPL assets without additional infrastructure. Axelar is the sole confirmed issuer of wrapped SOL on the XRP Ledger.

Where to Trade SOL on the XRP Ledger DEX

Three XRPL DEX frontends support SOL trading pairs: XPMarket (SOL/XRP), First Ledger, and Magnetic. Xaman Wallet users can access SOL through the wallet's built-in swap widget.

Verify Issuer Address Before Trading: Axelar Is the Only Legitimate Source

Because XRPL token identity depends on issuer addresses rather than ticker symbols alone, counterfeit tokens carrying the "SOL" name can circulate on the ledger. Hussein Zangana, director of community at the XRP Ledger Foundation, issued a public warning on August 14:

On XPMarket, First Ledger, Magnetic, and Xaman, the legitimate token displays a verification checkmark next to "Axelar Bridge" in the issuer field. The verified Axelar gateway address on XRPL is rfmS3zqrQrka8wVyhXifEeyTwe8AMz2Yhw, which can be checked independently on XRPL blockchain explorers before executing any trade.

Solana's Liquidity Footprint Reaches a Major Non-EVM Network

The XRPL connection extends Solana's asset reach into one of crypto's largest non-EVM ecosystems. Axelar's cross-chain network already spans Ethereum, Stellar, Hedera, Sui, and more than 70 chains total, with this activation opening bidirectional asset flow between Solana and the XRP Ledger.

The launch follows the April 2026 activation of wrapped XRP on Solana via Hex Trust, which brought XRP into Solana's DeFi stack through Jupiter, Phantom, and Meteora. That pairing now runs in both directions through different bridge infrastructure.