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XRP Lands on Flare: Will DeFi Save XRP Price in October?


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XRP can finally plug into DeFi, but will FXRP’s launch on Flare be enough to lift the token in October?

Flare Network announced on Sept. 24 that its FAssets protocol is now live on mainnet, beginning with FXRP v1.2. 

The token is a one-to-one, over-collateralized representation of XRP that can be used in Flare’s decentralized finance stack. The rollout marks the first time XRP holders can tap into lending, liquidity, and, soon, liquid staking on Flare.

Why Did Flare Cap FXRP Minting at 5M in the First Week?

The FAssets protocol converts non-smart-contract tokens such as XRP into ERC-20 assets on Flare. Security relies on agents, collateral pools, and Flare’s native data feeds (FTSO and the Flare Data Connector). 

Users mint FXRP by sending XRP on the XRP Ledger and can redeem it back to native XRP crypto anytime.

According to Flare, the launch follows months of testing on its canary network, Songbird, where FXRP v1.2 passed its final security milestone. 

To manage risk, minting is capped at 5M FXRP during the first week. Users can mint directly through supported portals or buy FXRP on Flare’s decentralized exchanges, including SparkDEX, BlazeSwap, and Enosys.

Flare is offering rFLR incentives to boost activity: around 5% APR on Kinetic lending markets and up to 50% APR for FXRP/USDT liquidity pools.

On-chain activity on Flare has already been trending higher in 2025. 

Data from DeFiLlama shows $4.17M in daily DEX volume and a stablecoin market cap of about $121M. 

unnamed-2025-09-24T185927.647.png

(Source: DeFiLlama)

Whether FXRP pushes those figures higher will depend on minting demand, liquidity depth, and total value locked in the coming weeks.

DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now 

XRP Price Analysis: How Strong Is the Bullish Case for XRP Price Prediction in 2025?

Xrp
Price
Market Cap
XRP
$284.36B
24h7d30d1yAll time

XRP recovered on Tuesday after a sharp sell-off briefly pushed the token below $2.75. 

The move came as the market tested a key support level, with buyers stepping in to lift the price back toward the $2.90 zone.

On the 4-hour TradingView chart, the rebound from $2.80 coincided with analysts’ marked support band. Momentum indicators now show renewed interest from buyers, with green candles starting to outweigh recent declines.

unnamed-2025-09-24T190001.703.png

(Source: XRPUSDT, TradingView)

The daily chart adds more context. XRP has been moving against diagonal resistance lines for weeks, consolidating before each breakout. 

Earlier this month, the token cleared a descending trendline, dipped back for a retest, and now shows strength around $2.87 to $2.90. 

Analysts describe the setup as a classic “retest and pump” move, in which a breakout is confirmed by a pullback that turns old resistance into new support.

If the pattern holds, the next resistance levels are near $3.20 to $3.30, possibly extending toward $3.60 to $3.80. 

Traders say a daily close above $2.95 would strengthen the bullish case. On the downside, a break below $2.80 could shift momentum back toward $2.65, putting pressure on bulls.

The comment reflects optimism that XRP may be setting up for another rally, provided it holds the current floor.

The coming sessions will show whether buyers have enough strength to carry XRP beyond major resistance and open the door to higher levels. For now, $2.80 remains the line traders are watching.

DISCOVER: 20+ Next Crypto to Explode in 2025 

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The post XRP Lands on Flare: Will DeFi Save XRP Price in October? appeared first on 99Bitcoins.

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