Slides 4% Amid Bitcoin Sell-Off, but Cup-and-Handle Setup to $5 Intact

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Token retreats from $3.02 resistance in a unstable August 28–29 session as distribution strain meets recent accumulation at $2.85–$2.86 assist.

Updated Aug 29, 2025, 5:16 p.m. Published Aug 29, 2025, 2:47 p.m.

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Flare Lands Second Public Company For its XRP DeFi Framework

Rolls of dollar bills of varying denominations. (NikolayFrolochkin/Pixabay)

Combined with Firelight, Flare’s restaking layer, the setup lets corporations convert XRP into FXRP and allocate it throughout decentralized lending, staking and liquidity protocols.

What to know:

  • Everything Blockchain Inc. has signed a memorandum of understanding to undertake Flare’s XRPFi framework for company treasury yield.
  • Flare’s system goals to remodel XRP right into a productive asset for establishments by means of its FAssets system and Firelight restaking layer.
  • The adoption by two public corporations, together with VivoPower International, indicators a shift in how digital belongings like XRP are utilized by establishments.



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