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Flare upgrades XRP DeFi toolkit, expanding FXRP's use in staking, lending, and cross-chain liquidity.

Protocol Fundamentals
24 Sep 2026
Dailycoin
View Source
Bullish
Flare upgrades XRP DeFi toolkit, expanding FXRP's use in staking, lending, and cross-chain liquidity.

Flare Network has enhanced the XRP DeFi toolkit by upgrading FXRP, a wrapped XRP token on Flare Network, enabling broader decentralized finance functions like staking, lending, and cross-chain liquidity. Since its launch a year ago, FXRP has seen rapid adoption, with a 5 million minting cap filled quickly and integrations with platforms like Kinetic and SparkDEX. The recent v1.3 upgrade improves crypto exchange and custodian integration, while upcoming features like Flare Confidential Compute aim to boost network activity and fees, supporting a self-sustaining DeFi ecosystem. This development highlights XRP's expanding utility beyond its original use as a settlement asset.

XRP trades at Rp26.853 on Pluang as of Sep 24, 2026 21:03 WIB, down 4.11% in one day. The market cap stands at Rp1.658,04 trillion with a 24-hour volume of Rp103,84 trillion. Pluang users show a 56% sell and 44% buy order split, holding XRP for an average of 71 days.

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