The post New XRP Staking Strategy Emerges From Flare Amid Airdrop Excitement appeared on BitcoinEthereumNews.com.

Users can stake their Ripple crypto in DeFi protocols, creating new use cases for XRP and offering a low-risk way to generate passive income via the Firelight infrastructure. The 28th FlareDrop event has rolled out, providing Wrapped FLR (WFLR) holders with periodic airdrops of newly minted FLR tokens. Flare is ushering in a new way for XRP holders to stake their tokens as it works toward increasing XRP’s use cases in the DeFi area. However, at the same time, the FLR price is facing a downturn. It was down to $0.01766 on Thursday, June 5, after an intraday drop of 2.66%. Flare Reveals New Opportunities with XRP Staking Hugo Philion, co-founder of Flare Network, recently revealed how staking Ripple’s XRP could open opportunities for new use cases of the asset by the platform. This feature makes it possible for people to earn returns by getting their XRP in the form of Liquid Staked Tokens (LSTs). You can employ these tokens on many DeFi protocols to earn more rewards. The staking process can be done on Firelight, an infrastructure developed together with leading institutions. The platform is expected to help actively validated services, which focus on supporting decentralized trust and verification in blockchain. According to Philion’s statement, the idea is to provide users with a respectable, risk-free way to earn passive income, in addition to helping XRP’s primary functions in the payment industry. Moreover, the XRP staking coincides with the launch of the 28th FlareDrop event. With the current system, people owning Wrapped FLR (WFLR) are getting a percentage of the newly minted tokens. People who hold 100 WFLR tokens will receive 2.14 FLR each time, promoting more involvement through staking or wrapping. The airdrop system is meant to encourage people to take part actively in Flare. As reported by CNF…

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Filed under: News - @ June 5, 2025 4:31 pm