FXRP supply nears 160M as XRP DeFi adoption accelerates after launch

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FXRP supply is nearing 160 million. The spike reignites debate on XRPL’s DeFi model.

A validator says XRPL’s design is the edge. Vet argues the ledger was built to drive the next phase of DeFi. He points to what XRPL leaves out. No complex smart contract composability. No staking. He calls this cutting “multiplicative risk.” Source: Vet on X, XRPL docs.

FXRP’s float keeps climbing months after launch. Supply is closing on 160 million. Source: FXRP on CoinGecko.

Part of that FXRP is locked in Firelight, Kinetic, BlazeSwap, and Upshift. Users provide liquidity and farm yield. The build-out leans on Flare’s staking stack. Source: FXRP on CoinGecko.

Flare’s founder pushed back. Hugo Philion says no protocol earns “superior” status without real stress at scale. He notes bugs in rollouts, including on XRPL. Source: Philion on X.

Vet clarified later. He didn’t claim outright supremacy. He stressed XRPL’s trade-offs are intentional for downside control. Source: Vet on X.

XRP is positioned by validators as a lower-risk base layer for DeFi
FXRP supply nears 160 million, with early TVL spread across multiple apps
Flare’s founder urges caution until XRPL DeFi proves itself under scale and stress

XRP market chart