Hugo Philion discussed low-risk XRP staking within Flare’s network, enhancing XRP’s utility in Decentralized Finance (DeFi) while airdropping to WFLR holders. Users can earn Liquid Staked Tokens through Firelight, promoting wider adoption of XRP in DeFi services.
Currently, Flare’s price is at 0.01778 USD after a 2.26% drop. The bearish trend suggests a potential downside risk exceeding 30% if crucial support levels aren’t maintained, with an immediate focus on the next support at 0.011 USD.
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