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XRP will be launched on Flare Networks
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XRP will be launched on Flare Networks

Feb 12, 2024

XRP is gearing up for a significant leap in its development by integrating with Flare Networks, a network with which Ripple Labs Inc. has had longstanding partnerships. However, despite these connections, XRP has not yet operated within the Flare network. This circumstance promises to change thanks to a new move towards collaboration.

Co-founder and CEO of Flare Networks, Hugo Philion, announced the upcoming arrival of XRP into the network via the FXRP asset. This integration will be facilitated through LayerCake, a decentralized mechanism that will not only streamline XRP's interaction with Flare Networks but also expand its integration capabilities with other blockchain protocols. Philion emphasized that LayerCake will open new horizons for decentralized application (DApps) developers, offering them tools to create applications with enhanced compatibility and functionality.

This step underscores the dynamism of the blockchain ecosystem and developers' commitment to creating open systems that maximize benefits for all participants. Recently, the XRP ecosystem has been demonstrating active development, particularly with the emergence of the Xahau sidechain and the launch of the second-layer scaling solution Evernode, indicating a continuous quest for innovative solutions within the network.

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