XRP Update: mXRP Vault Reaches $20M Amid Surge in Staking Interest

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Sep 27 2025

FLR-1.03%

DEFI-2.14%

AXL-3.704%

Should l Buy FLR?

mXRP Staking Product Launch: The new staking product mXRP has quickly attracted millions of tokens, indicating strong demand from holders looking to utilize their assets more effectively. The vault's capacity was raised from 6.5 million to 10 million XRP due to rapid adoption, with nearly $20 million now locked in.
Integration into DeFi: mXRP operates as a wrapped version of XRP on an Ethereum-compatible sidechain, allowing holders to engage in decentralized finance (DeFi) activities while maintaining a connection to the original XRP. This shift, along with similar initiatives like FXRP from Flare Network, suggests a transformation of XRP from a mere payment token to an active participant in the broader DeFi ecosystem.

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Technical Analysis for FLR

Technical Sentiment Analysis for Flare (FLR) As of , Flare (FLR) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for FLR stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, FLR is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Flare (FLR) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.00632	0.00741	0.00856	0.00965	0.0108	0.0119	0.013
Fibonacci	0.00741	0.00826	0.00879	0.00965	0.0105	0.011	0.0119

About FLR

Flare is an EVM-based layer 1 aiming to make blockchain more useful by giving developers decentralized access to high-integrity data from other chains and the internet. This enables new use cases and monetization models, while allowing dapps to serve multiple chains through a single deployment.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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