🚨ADOPTION: HUGO PHILION PREDICTS 500% GROWTH FOR $XRP ON FLARE@FlareNetworks cofounder Hugo Philion (@HugoPhilion) predicts a 500% surge in XRP liquidity on Flare, with FXRP (wrapped XRP) nearing $200 million and targeting $1 billion soon.Key drivers include daily inflows from the $XRP Ledger, exclusive spot trading on @HyperliquidX, staking via the @XamanWallet, and adoption by firms such as VivoPower and Everything Blockchain.Integrations with @Morpho, Mystic for lending, and@Coinbase's Base ($4.2B TVL) b ...

Quick Read XRP holders gained their first native yield option through one-click Flare-Xaman integration, which launched on Feb 26. Only 0.1% of XRP supply is active in DeFi despite third-largest cryptocurrency by market cap. The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE. XRP (CRYPTO: XRP) holders just got their first native yield option. On February 26, Flare and Xaman launched a one-click DeFi integration targeting over 2 billion XRP sitting idle in Xam ...

Just in: 100 million $FXRP minted on @FlareNetworks, meaning 100M $XRP now generating yield on the network. https://t.co/6o0LNR2TXw ...

XRP holders. Some exciting things are happening right now in the XRP ecosystem, specifically institutional DeFi and DeFi initiatives that are pretty much expanding the utility of XRP, building on top of XRP as well, providing value to holders like you and me. And this is a very exciting time. It's a very exciting time. It's a very exciting moment as well for the XRP ledger because this is something that for the longest time the XRP ledger lacked.Now, recently we went over a few of the, you know, most recent ...

New: @Hex_Trust partners with @FlareNetworks to offer institutional custodial access to $XRP DeFi, letting clients mint $FXRP and stake $FLR while keeping assets under custody. https://t.co/iBnk23FOU9 ...

Core Insights - Flare has launched the first XRP spot market on Hyperliquid, allowing FXRP to be traded against USDC, marking a significant development in onchain trading for XRP [1] - The FXRP token, representing XRP, is enabled by Flare's FAssets system and LayerZero's omnichain token standard, facilitating cross-chain movement and trading [2] - The integration of Flare's FAssets infrastructure with Hyperliquid's orderbook aims to enhance XRP's utility in DeFi while maintaining the XRP Ledger as the primary settlement layer [3] Trading Platform Features - Hyperliquid operates on an orderbook model, contrasting with the automated market maker pools prevalent in most DeFi platforms, which can provide tighter spreads and more reliable execution during high trading activity [4] - FXRP will be routed through Flare's HyperEVM layer into HyperCore for spot trading, with plans for a dedicated bridge to enable seamless withdrawals back to the XRP Ledger [5] - The platform offers XRP holders access to a robust onchain spot venue with familiar trading tools, while Hyperliquid users can engage with a new large-cap asset without centralized custody [5] Additional Functionalities - FXRP can be bridged back to Flare post-trading for additional uses such as lending and staking, ensuring an end-to-end onchain cycle [6]

RT Yogita Khatri (@Yogita_Khatri5)Another XRP yield product has launched.@upshift_fi, @ClearstarLabs, and @FlareNetworks have rolled out earnXRP, which lets users deposit FXRP on Flare and earn yield denominated in XRP through a single onchain vault.Clearstar said the vault is targeting around 7–10% yield at smaller sizes ($1–10 million), with expected yields falling to about 3–4% as the vault grows to $50–100 million.The product follows earlier XRP yield offerings such as mXRP, reflecting growing efforts t ...

Core Insights - Firelight is a new decentralized finance (DeFi) protocol that enables XRP users to stake their tokens while providing on-chain protection against hacks [1] - The protocol aims to introduce a risk infrastructure similar to traditional finance, enhancing the resilience of the DeFi ecosystem [2] Group 1: Protocol Features - Firelight allows XRP holders to stake their tokens and earn rewards linked to the demand for DeFi "cover," which helps protocols absorb losses from exploits [1] - The staking process involves two phases: users deposit XRP to receive stXRP, a liquid ERC-20 token, which can be traded or used as collateral, and the staked XRP backs the Firelight cover pool [2] - If a protocol incurs a loss that meets Firelight's criteria, the cover pool can pay out from the capital staked by users, similar to how traditional insurers operate [3] Group 2: Technical Infrastructure - Firelight utilizes Flare's FAssets system to integrate XRP into DeFi, allowing users to mint FXRP, a wrapped version of XRP, without relying on centralized bridges [4] - The protocol has undergone audits by OpenZeppelin and Coinspect and has initiated a bug bounty program with Immunefi to enhance security [4] Group 3: Market Context - Despite XRP's significant market capitalization of $130 billion, it has lacked native staking options, with total value locked on XRPL at only $72 million [5] - Firelight aims to provide XRP holders with a new yield-earning opportunity while establishing a security layer that aligns with institutional standards in the DeFi space [5]

DeFi Ecosystem Growth - Flare Networks' DeFi ecosystem is experiencing accelerated growth, as highlighted in MessariCrypto's Pulse Report [1] - FXRP minting has surpassed 30 million [1] - Total Value Locked (TVL) is up 25% and continuing to increase [1] Ecosystem Components - The report analyzes the ecosystem holistically, covering FXRP minting, FAssets incentives, USDT0 liquidity, and the upcoming Firelightfi staking layer [1]

Turning a non-productive asset into a productive one is quite a narrative.@FlareNetworks recently launched FXRP, allowing XRP holders to turn their idle assets into yield-bearing ones.Enter XRPfi.Full report 👇https://t.co/A6JJl3PQox https://t.co/ZtArsbWYuTJeremy (@ItsFloe):After intense testing, @FlareNetworks has finally launched $FXRP, and it has blown my expectations out of the water so far.- Over 32 million FXRP minted- Minting caps keep getting filled ASAP- Ecosystem support from @Kinetic_Markets @enos ...