Firelight has confirmed that its mainnet will officially launch in November 2025. An institutional-grade staking platform for XRP built on Flare, Firelight’s announcement marks an important step in offering XRP holders access to decentralized finance opportunities on Flare.
A Dive into Firelight’s Staking Mechanism
Firelight’s staking mechanism allows XRP holders to convert their XRP into productive collateral through stXRP. stXRP is a liquid staking token (LST) that can be used within the Flare DeFi ecosystem while allowing users to maintain custody of the underlying asset..
According to the announcement, the capital deployed on Firelight will be used to provide an institutional-grade cover solution for on-chain risk, which will be backed by XRP staking. At the same time,the Smart Accounts feature, developed by Xaman Wallet on Flare, will allow users to initiate transactions directly from XRPL..
A Look into the Xaman Smart Accounts Feature Coming in December
The Xaman Smart Accounts feature has been scheduled for release in December. Its purpose is to let XRPL accounts trigger transactions on Flare using encoded memo instructions. These instructions will then be verified by the Flare Data Connector, followed by execution through proxy smart accounts that mirror XRPL addresses.
The hope is that this could result in a high level of cross-chain interoperability, which is a factor that could be instrumental in enabling users to earn yield, access DeFi protocols, and manage assets without having to leave the XRPL experience.
Talking about the launch of the mainnet, Hugo Philion, CEO and co-founder of Flare, said that Firelight on Flare could help with insuring protocols across the cross-chain ecosystem, offering crucial benefits for Flare.
“It effectively makes Flare the home for this protocol and for the representation of the value it’s covering, which is absolutely huge for Flare,” the CEO added.
Flare Ecosystem Growth
The Firelight launch is part of Flare’s long-term plan for ecosystem expansion. The total value locked (TVL) for Flare has surged throughout the recent quarter and is currently and is currently near an all-time high of $180 million. Furthermore, over 50 million XRP have been bridged to Flare.
Additionally, institutional attention toward Flare is also rising. For instance, U.S. asset manager Teucrium recently filed a registration statement with the SEC in October 2025 for a proposed FLR exchange-traded fund (ETF).
Key facts/highlights:
- Firelight mainnet launch is happening in November 2025
- Integration with Xaman Wallet Smart Accounts is tentative for December 2025
- XRPL-to-Flare interoperability is verified via the Flare Data Connector and proxy smart accounts.
- Flare ecosystem growth TVL is at a near all-time high of $180 million and over 50 million XRP bridged to Flare
- Institutional context: Teucrium FLR ETF filing (SEC review, October 2025)
Final Thoughts
Thanks to the mainnet launch set for November, Firelight is at a stage where it could help XRP liquidity align with DeFi infrastructure and institutional readiness across the Flare ecosystem.
As for Flare, this effort to expand the ecosystem could lead to greater receptiveness to crypto among institutional players.