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Firelight to Launch XRP Staking Mainnet on Flare in November

Firelight to Launch XRP Staking Mainnet on Flare in November

DailyCoinDailyCoin2025/11/11 17:12
By:DailyCoin

Firelight is set to launch its XRP staking mainnet on Flare in November 2025, offering XRP holders their first meaningful access to decentralized finance. The platform allows users to earn yield while retaining full control of their tokens, bridging the gap between the XRP Ledger and DeFi applications

Bringing XRP into DeFi

Firelight , an institutional-grade staking platform built on the Flare blockchain, enables users to stake XRP in exchange for stXRP, a liquid staking token. 

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This token can be used across Flare’s DeFi ecosystem, allowing holders to participate in protocols while retaining ownership of their underlying XRP. 

The staking system is reportedly designed to support institutional-grade coverage for on-chain risks, allocating deployed capital to secure these coverage solutions and integrate XRP liquidity with Flare’s broader DeFi infrastructure.

Cross-Chain Functionality via Xaman Wallet

In addition to the staking launch, Flare’s ecosystem is also preparing to introduce Smart Accounts through Xaman Wallet, tentatively planned for December 2025.

The feature will allow accounts on the XRP Ledger (XRPL) to initiate transactions on Flare by sending encoded memos. 

Transactions will be verified through the Flare Data Connector and executed via proxy smart accounts that replicate XRPL addresses. The system is intended to enable cross-chain operations, allowing XRP users to interact with Flare DeFi protocols without leaving the XRP Ledger environment.

Hugo Philion, CEO and co-founder of Flare, said the Firelight integration could strengthen the platform’s role in offering tokenized coverage and institutional-ready infrastructure.

“It effectively makes Flare the home for this protocol and for the representation of the value it’s covering, which is absolutely huge for Flare.”

Flare Records Rapid Growth

Flare’s ecosystem has been growing steadily. Total value locked (TVL) is approaching an all-time high of $180 million, and more than 50 million XRP has been bridged to Flare to date.

The network is also attracting increased institutional attention. In October, U.S. asset manager Teucrium filed a registration statement for a proposed FLR exchange-traded fund (ETF) with the Securities and Exchange Commission (SEC), which is currently under review.

Why This Matters

The launch of Firelight, along with the upcoming Smart Accounts feature, positions Flare as a key bridge for XRP holders to access DeFi, offering new ways to earn yield and interact across chains.

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People Also Ask

What is Firelight?

Firelight is a staking platform for XRP built on the Flare blockchain. It allows XRP holders to earn yield by converting their XRP into stXRP, a liquid staking token that can be used in Flare’s decentralized finance (DeFi) ecosystem.

How does staking work on Firelight?

When XRP holders stake their tokens on Firelight, they receive stXRP in return. This token can be used within Flare’s DeFi ecosystem to earn yield, trade, or provide liquidity, while the original XRP remains securely owned by the user.

What is stXRP?

stXRP is a liquid staking token (LST) issued when XRP is staked on Firelight. It represents the staked XRP and can be used within Flare’s DeFi protocols while the user retains ownership of the original XRP.

What are Xaman Smart Accounts?

Xaman Smart Accounts, expected in December 2025, let XRPL users trigger Flare transactions directly from their XRP Ledger accounts. They work through encoded memo instructions verified by Flare’s Data Connector and executed via proxy accounts.

Why does this matter for XRP holders?

Previously, XRP could not access DeFi due to the lack of smart contract functionality on the XRP Ledger. Firelight and Flare now bridge this gap, allowing users to earn yield, manage assets, and access DeFi without leaving XRPL.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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