Firelight, a staking platform on the Flare network, is set to launch its mainnet in November 2025. The platform enables XRP holders to convert their tokens into stXRP, a liquid staking token that generates yield within the Flare DeFi ecosystem.
The Flare network's total value locked (TVL) has surged to nearly $180 million, nearing its all-time high. This growth is supported by over 50 million XRP being bridged to the network, highlighting increasing user engagement and confidence in the platform's capabilities.
Firelight to Launch Mainnet on Flare as TVL Approaches $180M
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