TimesTabloid
2025-08-29 07:31:47

Big Things Coming for XRP Holders. Here’s the Latest

A recent video shared by Xaif (@Xaif_Crypto) featured an interview with Flare co-founder Hugo Philion, who provided updates on FireLight, an application designed to expand the functionality of XRP on the Flare network. The discussion centered on staking opportunities for FXRP, the Flare-based representation of XRP, and the broader vision for extending XRP’s role within decentralized finance. FireLight and Its Purpose Philion explained that FireLight is being developed by Sentora, a group with experience in data and investment management, and confirmed that the project is progressing toward launch. The central idea is that FireLight will enable XRP holders to stake their tokens once they are moved to Flare as FXRP . By doing so, they can earn yield while maintaining exposure to the asset. Philion emphasized that FireLight represents Sentora’s first on-chain application and that its significance lies in converting XRP from an asset used primarily for transaction fees on the XRP Ledger (XRPL) into a more versatile tool within the DeFi ecosystem. Big things coming for #XRP holders! With FXRP on Flare, you’ll soon be able to stake your XRP in vaults and earn real yields . This is how XRP steps deeper into DeFi + smart assets pic.twitter.com/Fi9Eti5EsS — Xaif Crypto | (@Xaif_Crypto) August 28, 2025 Technical Progress and Timelines Philion noted that FireLight has already undergone one audit and is currently engaged in an education process. The timeline for release is tied closely to the launch of FXRP itself. “They’re waiting for us to launch FXRP, which we should be in September, and then they will be launching soon after,” he said. This sequencing shows how central FXRP is to Flare’s strategy, as it provides the necessary bridge between XRP and Flare’s smart contract environment . FXRP enables XRP holders to join decentralized applications such as FireLight’s staking platform. Philion said Flare’s mission is to add utility to non-smart-contract assets, a major share of crypto value, by integrating them into DeFi and advanced financial use cases. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Expanding XRP’s Role in DeFi The introduction of FXRP and the launch of FireLight could significantly increase how XRP holders engage with decentralized markets. Rather than remaining limited to fast settlement and liquidity provision, XRP would be positioned to serve in staking , lending, and other yield-generating activities. Philion described the opportunity for XRP staking as “absolutely huge,” suggesting that FireLight will mark a major step in evolving the token’s use cases. With FireLight almost ready and FXRP scheduled for release in September, XRP holders may soon gain access to new staking options on Flare, expanding the asset’s reach in the DeFi market. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Big Things Coming for XRP Holders. Here’s the Latest appeared first on Times Tabloid .

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