#XRPETFs

⚡ Ripple's rise to its highest levels in 2025 supported by the launch of the decentralized finance platform ⚡

* The Ripple currency recorded a significant increase exceeding $2.30, driven by the growing anticipation for the launch of the decentralized finance platform being developed by Flare Networks, scheduled to officially launch on April 29th.

* The aim is to expand the uses of Ripple by integrating smart contract functionalities, allowing holders of the currency to store their assets, lend, and borrow currencies in addition to trading them within the Flare decentralized ecosystem.

* Ripple's capabilities were previously limited to holding and trading only due to the lack of support for smart contracts on its original ledger, which deprived it of full participation in the growing decentralized finance (DeFi) market.

* To address this gap, Flare offers a wrapped version of Ripple known as FXRP, enabling the currency to interact with decentralized applications without the need for intermediaries.

* The platform will also rely on the Oracle Network (NYSE:ORCL) Flare to provide accurate real-time price data and support for liquid staking, lending, and free trading in partnership with projects like Doppler Finance, Strobe Protocol, and Anodos Finance.

* The platform also benefits from the FAssets system, which allows the transfer of non-smart contract supporting assets across secure bridges without the intervention of central parties.