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XRP Utility Explodes as More Than 107 Million FXRP Gets Locked on Flare

Over 107 million FXRP have been locked on the Flare Network, driven by the introduction of one-click DeFi access for XRP holders via Xaman Wallet. This development significantly lowers barriers to entry for XRP holders, potentially unlocking billions in capital for DeFi and reducing circulating XRP supply. The increased utility is expected to create a positive feedback loop, boosting on-chain activity and demand for both XRP and FLR.

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