Solana reaches XRP Ledger DEX with issuer warning

Solana is now accessible on the XRP Ledger’s native decentralized exchange through a wrapped SOL asset issued through Axelar, extending interoperability between the two blockchain ecosystems. Summary Axelar-issued SOL is now tradable through XRP Ledger’s native decentralized exchange using multiple ecosystem interfaces. XRPL Foundation director Hussein Zangana warned Axelar currently remains the only legitimate wrapped SOL issuer. Official XRPL EVM documentation identifies Axelar’s mainnet gateway address as rfmS3zqrQrka8wVyhXifEeyTwe8AMz2Yhw for cross-chain asset transfers. Axelar connected Solana to its interoperability network in June, enabling transfers with XRP Ledger ecosystems. Wrapped SOL represents Solana exposure on XRPL and should not be confused with native SOL. Axelar confirmed the availability in an Aug. 14 post, directing users to SOL/XRP trading on XPMarket. Hussein Zangana, known as Vet, warned users that Axelar is currently “the only legitimate issuer” of wrapped SOL on XRPL and told traders to beware of copycat assets. His warning matters because tokens on the XRP Ledger are identified by both their currency code and issuer account, rather than a ticker alone. So...