Flare Network's FLR Climbs to 9-Month Peak Following FXRP Launch for XRP DeFi Integration

Flare Network's native token FLR surged to $0.0285, marking a 9-month high after launching FXRP, a DeFi-compatible version of XRP. Trading volume increased 347% to $52 million while market capitalization hit $2.1 billion. The new protocol enables XRP holders to mint overcollateralized assets for DeFi applications without intermediaries.