Token retreats from $3.02 resistance in a risky August 28–29 session as distribution strain meets recent accumulation at $2.85–$2.86 help.
By Shaurya Malwa, CD Analytics
Up to date Aug 29, 2025, 5:16 p.m. Printed Aug 29, 2025, 2:47 p.m.
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Flare Lands Second Public Firm For its XRP DeFi Framework
Mixed with Firelight, Flare’s restaking layer, the setup lets firms convert XRP into FXRP and allocate it throughout decentralized lending, staking and liquidity protocols.
What to know:
- All the pieces Blockchain Inc. has signed a memorandum of understanding to undertake Flare’s XRPFi framework for company treasury yield.
- Flare’s system goals to remodel XRP right into a productive asset for establishments by way of its FAssets system and Firelight restaking layer.
- The adoption by two public firms, together with VivoPower Worldwide, indicators a shift in how digital property like XRP are utilized by establishments.