Flare TVL Nears Record High as Firelight Teases XRP Liquid Staking

Summary

Flare’s total value locked is climbing back toward its recent $208.9 million peak as the liquid‑staking protocol Firelight readies a mainnet launch that will let XRP holders lock their tokens and receive tradable stXRP for DeFi use. This new liquidity avenue could boost Flare’s TVL, which sits around $203 million, and offers XRP users more flexible access compared to the XRP Ledger’s $83.5 million pool. The rollout is complemented by the upcoming Xaman Wallet, which will enable cross‑chain transactions without moving assets, further bridging the two ecosystems.