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What is Wrapped XRP?
Wrapped XRP (WXRP) is an Ethereum-compatible, ERC-20 token that is pegged 1:1 with XRP, the native cryptocurrency of the XRP Ledger. XRP Ledger another blockchain that is designed to facilitate fast and cost-effective cross-border payments. It was created in 2012 by developers David Schwartz, Jed McCaleb, and Arthur Britto, who are the founders of Ripple. XRP Ledger is not EVM compatible. The Wrapped XRP, like other wrapped tokens, allows XRP holders to use their tokens on the Ethereum network for trading, staking, and participating in decentralized applications.
Unlike some cryptocurrencies that rely on energy-intensive mining, XRP is pre-mined, with a total supply of 100 billion tokens. Its main use case is to act as a bridge currency for financial institutions, enabling quick and inexpensive transfers between different fiat currencies. For example, a bank in Kyrgyzstan can use XRP to send money to a bank in Mexico without needing to hold Mexican peso in advance. Bridge currencies facilitate exchanges between two other currencies that may not have a direct trading relationship.
Why was Wrapped XRP created?
Wrapped XRP was created to enable XRP to be used on Ethereum, as the two networks are not directly compatible. Wrapping XRP bridges the gap between the XRP Ledger and Ethereum, increasing accessibility, liquidity, and interoperability between the two ecosystems.
How does Wrapped XRP work?
Wrapping 1 XRP produces 1 WXRP, which is fully redeemable for one XRP. This process allows XRP holders to convert their tokens into an Ethereum-compatible format and back again when needed.
What are the benefits of Wrapped XRP?
Wrapped XRP enhances the Ethereum ecosystem by providing XRP holders access to Ethereum-based decentralized applications, increasing liquidity and interoperability between the two networks.
Today (July 3, 2025) | $2.31 | +2.93% |
---|---|---|
24 hours ago (July 2, 2025) | $2.24 | +2.93% |
1 week ago (June 26, 2025) | $2.13 | +8.47% |
1 month ago (June 3, 2025) | $2.21 | +4.41% |
1 year ago (July 3, 2024) | $0.47 | +387.50% |
Start swapping
Buying Wrapped XRP (WXRP) in MetaMask wallet is speedy, simple, and safe. You can buy Wrapped XRP (WXRP) tokens directly in MetaMask using payment methods like a credit card, debit card, bank account, Apple Pay, Google Pay, or PayPal. There’s no need for centralized exchanges. Select from thousands of your favorite tokens to buy on over 15 networks including Ethereum, Binance Smart Chain, Linea, Base, and more.
Wrapped XRP (WXRP) launched in 2020. Today, July 3, 2025, the price of Wrapped XRP (WXRP) is $2.31. The all-time high of Wrapped XRP (WXRP) is $18.37 on . The all-time low of Wrapped XRP (WXRP) is $0.12 on . Wrapped XRP (WXRP)’s market capitalization is $41,413,351.00.
Today, July 3, 2025, the price of Wrapped XRP (WXRP) is $2.31.
The all-time high of Wrapped XRP (WXRP) is $18.37, on .
The all-time low of Wrapped XRP (WXRP) is $0.12, on .
MetaMask makes it easy to sell your Wrapped XRP (WXRP) and convert your crypto to cash. You can exchange from MetaMask wallet directly to your debit card, credit card, PayPal, or bank account. By removing unnecessary steps and cutting excess fees, offramping your digital assets is fast and simple.
Swapping WXRP is simple and cost-effective with MetaMask. Choose from thousands of your favorite tokens across ten networks including Ethereum, Solana, Linea, Base, and Arbitrum. MetaMask Swaps also include gas fees right in your quotes, making swapping crypto as smooth as can be.
Bridging crypto across chains allows you to move tokens from one network to another. With MetaMask, bridging Wrapped XRP (WXRP) is easy, secure, and cost-effective. Our aggregator finds the most efficient routes to move your digital assets from one chain to another. And with cross-chain swapping, bridging and swapping can take place at the same time in a single transaction. Meaning: instead of bridging WXRP from chain A and wrapping or unwrapping it on chain B, you can swap WXRP from chain A to a second token on chain B, all in one move.
With Wrapped XRP, you can send and receive WXRP, the network’s native token, and use it to pay transaction fees on certain networks. WXRP is supported in decentralized apps for trading, staking, yield optimization, and payments. You can participate in DeFi protocols, bridge assets between networks, or use WXRP in select web3 financial strategies, all with Ethereum-compatible speed and flexibility.
Trading Wrapped XRP (WXRP) for ETH, WBTC, or SOL can be done directly in MetaMask. For more information on how to swap WXRP, head to MetaMask Support.
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