XRP DeFi Momentum

[bonk]

XRP’s DeFi Potential: Early DeFi adoption signals strong demand. Flare Network’s fXRP (a 1:1 DeFi-compatible XRP) minted its 5M cap in week 1, and Midas’ mXRP liquid staking token reached $26M TVL in six days.

These milestones highlight XRP’s untapped DeFi potential, showing that despite seasonality, there’s real activity and utility being built. If ETFs and XRPL adoption align, October could mark a turning point for XRP from regulatory uncertainty to mainstream integration.

[EmTeam]

fXRP and mXRP hitting caps so fast shows real DeFi demand building around XRP.

[Nahid Hossen]

If ETFs align with XRPL adoption, October could be the real turning point for XRP.