The XRP supply shock is gaining traction as DeFi projects, including Flare Network's FXRP, lock up significant amounts of XRP. As of October 9, 2025, $56 million worth of XRP has been bridged onto Flare to mint FXRP, with a weekly minting cap of 5 million FXRP consistently selling out within hours. This trend is expected to reduce the freely tradable supply of XRP, with Flare aiming to secure up to 5% of XRP's total supply through its FXRP system.