XRP News Today: Flare Network's FXRP Boosts XRP's DeFi Utility, TVL Triples in 13 Days

A new report based on insights from blockchain research firm Messari reveals why Flare Network may be the most transformative force XRP has seen in years. Designed as a “blockchain for data,” Flare is solving some of the most pressing challenges in crypto, unlocking true DeFi utility for XRP without compromising on security or decentralization.

Flare sets itself apart from other Layer-1 networks by focusing on secure, decentralized data access and cross-chain functionality. Its core architecture features the Flare Time Series Oracle (FTSO) and Flare Data Connector (FDC). These native tools allow smart contracts to interact with real-time, verifiable data and assets across multiple blockchains, making Flare a uniquely positioned infrastructure layer in the evolving Web3 ecosystem.

The introduction of FXRP, a 1:1 representation of XRP on Flare, marks a major breakthrough. Unlike traditional wrapped assets, FXRP is fully non-custodial and enables XRP holders to participate in DeFi—lending, borrowing, farming, and trading—without giving up ownership of their tokens. This innovation is what the community now calls “XRPFi,” and it positions XRP as a first-class citizen in decentralized finance.

Flare’s momentum has accelerated following the integration of USD₮0, an omnichain version of Tether, via LayerZero. In just 13 days, the network’s Total Value Locked (TVL) tripled, surpassing $120 million. This surge in liquidity has energized developers and attracted new users, reinforcing Flare’s role as a viable DeFi hub.

Flare’s impact extends beyond XRP. Through the FAsset protocol, Flare is introducing decentralized access to non-smart contract tokens like Bitcoin (FBTC) and Dogecoin (FDOGE). This approach eliminates the need for centralized bridges and opens DeFi to some of the most widely held cryptocurrencies, significantly expanding the addressable market for the Flare ecosystem.

Before any innovation reaches the Flare mainnet, it undergoes real-world stress testing on Songbird, Flare’s canary network. Unlike typical testnets, Songbird uses assets of real value. FXRP was first launched on Songbird, where it hit its testing cap in just four days—demonstrating both demand and technical readiness.

Flare is also capturing the attention of major institutional players. Uphold, which holds approximately 1.8 billion XRP, is actively engaging with the ecosystem. Meanwhile, VivoPower, a global energy company, is preparing to deploy up to $100 million in XRP through Flare’s infrastructure—evidence of the network’s growing institutional credibility.

Next on the roadmap is Firelight, a protocol enabling liquid staking for FXRP. Users will soon be able to stake FXRP and receive stXRP, a yield-bearing, liquid asset that remains usable across DeFi platforms. Similar to Ethereum’s stETH, stXRP could play a key role in capital-efficient yield generation for XRP holders.

Flare is not merely a bridging solution—it’s a comprehensive, data-secure infrastructure play. With decentralized access to DeFi, institutional engagement, and real-world testing baked into its architecture, Flare could be the catalyst that finally brings XRP into the DeFi mainstream.