Nexo Expands Zero-Interest Crypto Loans to Solana and XRP Holders

By Lidia Yadlos

Crypto-backed lending is evolving beyond Bitcoin and Ethereum. This week, Nexo announced that holders of Solana’s SOL and XRP can now access its Zero-interest Credit (ZiC) product — making Nexo the first platform to offer 0% APR crypto-backed borrowing using either asset as collateral.

Until now, the lending product was only available to Bitcoin and Ethereum holders.

The expansion reflects a broader shift happening across crypto markets: investors increasingly want access to liquidity without having to sell their positions, and that demand is no longer limited to BTC or ETH alone.

Borrow Against SOL and XRP Without Selling

Nexo’s ZiC product is structured differently from traditional crypto-backed loans.

Instead of variable rates and liquidation risks tied to market volatility, ZiC offers:

• 0% APR borrowing

• Fixed-duration repayment terms

• No forced liquidations during the term

• Upfront repayment visibility from day one

The platform says the model has already generated more than $170 million in total loan volume, with borrowers frequently returning to extend positions rather than closing them outright.

According to Nexo, users renew the loans at a 66% rate on average, with many borrowers rolling positions over multiple times while keeping exposure to their underlying crypto holdings.

More than half of all borrowed liquidity reportedly stays within the Nexo ecosystem itself, suggesting users are leveraging capital while remaining actively invested in digital assets.

Why SOL and XRP Matter

The addition of SOL and XRP highlights how collateral demand is changing across the crypto lending sector.

While Bitcoin and Ethereum still represent the majority of collateral on the platform, Nexo says over 30% of loans are now backed by assets outside the two largest cryptocurrencies.

SOL and XRP currently lead that category.

“Nexo has always believed in being where the market is going, not where it already is,” said Elitsa Taskova. “Zero-interest Credit set a new standard for Bitcoin and Ethereum holders, and expanding it to Solana and Ripple is the logical next step — one we are taking before anyone else.”

The SOL and XRP version of ZiC launches with:

• 30% loan-to-value (LTV)

• Minimum collateral thresholds of 100 SOL or 5,000 XRP

• The same no-liquidation structure available to BTC and ETH borrowers

Crypto Lending Is Starting to Mirror Traditional Finance

The launch also comes at a time when crypto-backed lending is increasingly intersecting with traditional financial infrastructure.

In March, U.S. mortgage giant Fannie Mae began recognizing crypto-backed mortgage structures, allowing borrowers to pledge Bitcoin-backed assets without liquidating holdings.

The underlying thesis is similar: investors increasingly view crypto not just as speculative assets, but as long-term capital positions they do not want to sell.

Platforms like Nexo are building products around that behavior.

Instead of forcing users to exit positions during market cycles, crypto-backed lending creates a way to unlock liquidity while maintaining exposure to the assets themselves.

And now, that model is expanding deeper into the altcoin market.

The Bigger Picture

The timing of the launch is notable. Both Solana and XRP have seen renewed institutional and retail interest throughout 2026 as capital rotates beyond Bitcoin and Ethereum into broader ecosystem plays.

At the same time, crypto lending markets have become increasingly competitive, pushing platforms to differentiate through:

• Lower borrowing costs

• Better collateral flexibility

• More predictable repayment structures

• Reduced liquidation risk

For Nexo, expanding ZiC to SOL and XRP appears to be part of a larger strategy to capture the growing segment of users holding large-cap assets outside of BTC and ETH.

Whether other lenders follow remains to be seen — but Nexo now has first-mover positioning in a category that could expand quickly if altcoin collateral demand continues rising.

Published on Nexo

Nexo Expands Zero-Interest Crypto Loans to Solana and XRP Holders