XRP Arrives on Flare: Can Decentralized finance Rescue XRP Value This October?
XRP is finally set to enter the Decentralized finance space, but will the debut of FXRP on Flare be sufficient to boost the crypto token in October?
Flare Protocol made an update on September 24 that its FAssets network is now operational on the live protocol, starting with FXRP v1.2.
This crypto token serves as a one-to-one, over-collateralized version of XRP that can be utilized within Flare’s decentralized finance ecosystem. This rollout represents the first opportunity for XRP holders to engage in lending, liquidity, and soon, liquid staking on Flare.
For more than ten years, XRP has facilitated rapid and efficient settlement on a large scale.
FXRP on Flare enhances that capability by introducing composability, paving the way for new growth potential: XRP as collateral, available volume, and yield in DeFi.
Mint today:https://t.co/1ovLRNisHZhttps://t.co/Kjsp3Okyrc pic.twitter.com/SRXZIzCZ3a
— Flare
(@FlareNetworks) September 24, 2025
What Was the Reason for Flare Limiting FXRP Minting to 5M in the First Week?
The FAssets network transforms non-smart-contract tokens like XRP into ERC-20 assets on Flare. Its security is maintained by agents, collateral pools, and Flare’s native data sources (FTSO and the Flare Data Connector).
Users can mint FXRP by transferring XRP on the XRP Record and redeem it back to the original XRP crypto at any time.
As stated by Flare, this launch comes after extensive testing on its canary protocol, Songbird, where FXRP v1.2 achieved its final security benchmarks.
To mitigate risk, the minting process is limited to 5M FXRP in the initial week. Users have the option to mint directly via supported portals or purchase FXRP on Flare’s decentralized exchanges, such as SparkDEX, BlazeSwap, and Enosys.
Flare is providing rFLR incentives to enhance user engagement: roughly 5% APR on Kinetic lending markets and up to 50% APR for FXRP/USDT market fluidity pools.
On-chain activities on Flare have already been showing upward trends in 2025.
Data from DeFiLlama indicates a daily DEX volume of $4.17M and a stablecoin crypto market capitalization of approximately $121M.
Whether FXRP drives those numbers higher will rely on minting interest, available volume availability, and the total value locked in the upcoming weeks.
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XRP Price Evaluation: How Robust Is the Uptrend Stance for XRP Price Prediction in 2025?
XRP bounced back on Tuesday following a sharp dump that briefly reduced the token’s value beneath $2.75.
This movement occurred as the crypto market tested a significant base level level, with buyers stepping in to elevate the price back towards the $2.90 range.
Analyzing the 4-hour TradingView chart, the recovery from $2.80 corresponds with analysts’ identified support zone. Current momentum indicators reflect renewed demand, as green candles begin to outnumber the recent downturns.
(Source: XRPUSDT, TradingView)
The daily chart provides further insight. XRP has been moving against diagonal barrier level lines for several weeks, consolidating prior to each price breakout.
Earlier in the month, the coin broke through a descending trendline, pulled back for a retest, and is now demonstrating strength within the $2.87 to $2.90 range.
Analysts characterize the setup as a typical “retest and pump” pattern, in which a price breakout is validated by a pullback that converts old resistance into new price floor.
$XRP – Retest of price floor finished. Reaction at this level and we are aiming for new highs #XRP
—
If the pattern persists, the forthcoming price ceiling levels may be around $3.20 to $3.30, potentially extending toward $3.60 to $3.80.
Traders believe that a daily closing price above $2.95 would reinforce the optimistic outlook. Conversely, a drop below $2.80 could redirect momentum back towards $2.65, applying pressure on uptrend traders.
The commentary expresses positivity that XRP might be gearing up for another surge, as long as it maintains its current support level.
The upcoming sessions will reveal whether buyers possess enough strength to push XRP past significant price ceiling and pave the way for higher prices. Currently, $2.80 is the critical level traders are monitoring.
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The article XRP Lands on Flare: Will Decentralized finance Save XRP Price in October? was first published on 99Bitcoins.
