XRP Slides 4% Amid Bitcoin Sell-Off, but Cup-and-Handle Setup to $5 Intact

August 29, 2025 Shaurya Malwa General 0

This post was originally published on this site.

Token retreats from $3.02 resistance in a volatile August 28–29 session as distribution pressure meets fresh accumulation at $2.85–$2.86 support.

By Shaurya Malwa, CD Analytics

Updated Aug 29, 2025, 5:16 p.m. Published Aug 29, 2025, 2:47 p.m.

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Flare Lands Second Public Company For its XRP DeFi Framework

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Rolls of dollar bills of varying denominations. (NikolayFrolochkin/Pixabay)

Combined with Firelight, Flare’s restaking layer, the setup lets companies convert XRP into FXRP and allocate it across decentralized lending, staking and liquidity protocols.

What to know:

  • Everything Blockchain Inc. has signed a memorandum of understanding to adopt Flare’s XRPFi framework for corporate treasury yield.
  • Flare’s system aims to transform XRP into a productive asset for institutions through its FAssets system and Firelight restaking layer.
  • The adoption by two public companies, including VivoPower International, signals a shift in how digital assets like XRP are utilized by institutions.