You Can Now Buy XRP on WhatsApp

Share This Post


After XRP went live on the Solana blockchain, users are already executing trades for the asset without even leaving the WhatsApp messaging app. 

X user @sol_nxxn posted a screenshot of a WhatsApp chat successfully swapping 0.1 SOL for ~5.99 wXRP. “I just bought XRP on Solana through WhatsApp. Solana is officially ready for boomers,” the user quipped.  

How it actually works 

Trading cryptocurrency via a simple text message is the result of several cutting-edge technologies operating in tandem. 

Ripple Veteran Slams DeFi Bridge Security

Bullish XRP Wave Has Ended, Bitcoin’s (BTC) Goodbye to $80,000, Shiba Inu (SHIB) Exchange Netflows Cross 10 Billion: Crypto Market Review

First of all, this is possible due to the recent bridging of XRP to Solana. 

The bridging is facilitated by omnichain interoperability protocol LayerZero and institutional custodian Hex Trust, the asset exists on Solana as an SPL token called wXRP. As reported by U.Today, the integration finally took place on Apr. 17. 

You Might Also Like

Title news

Given that the wrapped XRP token acts like a Solana token, it is compatible with every decentralized exchange (DEX) and smart contract on the network.

The WhatsApp interface is powered by advanced AI bots. Developers are now deploying trading bots equipped with AI Agent APIs that can process natural language. A user can simply text a command like, “Buy 0.1 SOL worth of wXRP.”

These WhatsApp bots are linked to a user’s non-custodial wallet. A text command parses the intent, routes the trade through a Solana DEX aggregator. 

Of course, XRP can also be used across Solana’s entire DeFi ecosystem, which includes lending and borrowing protocols (Kamino, Marginfi), AMMs (Raydium, Orca) as well as Web3 wallets (Backpack) and other apps. 



Source link

Related Posts

OpenAI Asks Congress Whether an AI Slowdown Would Be Legal

In brief OpenAI has asked lawmakers whether rival AI...

Weaponising copyright: free speech’s new battleground

Copyright law – which is meant to protect writers and...

Polygon [POL] faces a $1.29M FalconX deposit – Can $0.08934 hold?

Polygon encountered renewed supply pressure as FalconX...

Statement: Tackling Transnational Repression – Index on Censorship

More than four decades after Bulgarian dissident and writer...