Firelight Tops 50 Million XRP Staked as FXRP Deposit Cap Expands to 65 Million

Firelight, an onchain DeFi protection protocol built on the Flare Network, said it has surpassed 50 million XRP staked after multiple whale-sized deposits of more than 1 million XRP each. The project also raised its vault deposit cap from 25 million FXRP to 65 million FXRP after the initial ceiling was filled within six hours, with the updated limit reported to be more than halfway taken.