The post Flare Network Expands XRP DeFi With FXRP on Hyperliquid appeared on BitcoinEthereumNews.com. FLR price shows sustained downtrend with key support underThe post Flare Network Expands XRP DeFi With FXRP on Hyperliquid appeared on BitcoinEthereumNews.com. FLR price shows sustained downtrend with key support under

Flare Network Expands XRP DeFi With FXRP on Hyperliquid

  • FLR price shows sustained downtrend with key support under pressure.
  • FXRP launch enables XRP spot trading on Hyperliquid for DeFi use.
  • Flare aims to expand programmable assets with cross-chain infrastructure.

Flare XRP DeFi integration continues to expand as technical indicators for the FLR token show ongoing negative pressure and a key support zone under scrutiny. Market data shows FLR has remained in a prolonged downtrend, while recent network updates seek to connect XRP to decentralized finance platforms through wrapped asset deployments and cross-chain functionality.

A weekly chart of the FLR/USDT trading pair shows a decline marked by lower highs and lower lows. Price action has repeatedly stabilized near a horizontal support level, suggesting buyers have historically entered the market at that range. However, recent candles indicate compression near the lower boundary, increasing the risk of a breakdown if selling pressure intensifies.

Source: X

Momentum indicators remain in a mid-range band but have trended lower in recent data, signaling weakening positive momentum. The chart structure resembles a descending triangle, which typically points to bearish continuation if support fails.

Related: XRP Staking and DeFi Yield Features Now Being Offered via Flare Network and Uphold

Flare XRP DeFi Integration Expands With FXRP

Flare XRP DeFi infrastructure recently advanced with the listing of FXRP on Hyperliquid, enabling spot trading for a wrapped version of XRP. Before this update, Hyperliquid only supported perpetual futures for XRP exposure. The addition of FXRP allowed users to trade the asset directly and convert it to USDC within the platform.

FXRP operates as a 1:1 wrapped version of XRP issued through Flare’s FAssets system and built on LayerZero’s Omnichain Fungible Token standard. This structure allows FXRP to move across blockchains and later be redeemed for native XRP on the XRP Ledger.

Flare Infrastructure Focuses on Programmable Assets

Flare Networks has outlined a broader strategy to activate XRP for programmable financial use cases. According to recent discussions shared in a Genfinity interview, the network is integrating with wallets, custodians, and exchanges to reduce technical friction for participants.

The framework also includes structured risk models, such as those on platforms like Firelightfi, designed to support collateralized, predictable participation. Flare’s approach positions XRP as the first asset within a broader plan to enable multiple digital assets in a unified programmable framework.

Related: New XRP Yield Product earnXRP Launches on Flare Network

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Source: https://coinedition.com/flare-xrp-defi-developments-coincide-with-flr-technical-pressure/

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