Just saw an interesting market development. Flare's CEO Philion recently shared some quite optimistic targets in an interview, believing that by mid-2026, the on-chain XRP usage could reach 5 billion tokens. The number sounds huge, but the logic behind it is actually quite clear.

Philion mentioned that his confidence mainly comes from multiple ongoing collaborations and protocol developments. He was very straightforward: they already know who their partners are and what is being built. This well-prepared attitude indeed leaves a deep impression.

The most interesting part is their partnership with Xaman Wallet. Flare is developing a feature that allows users to stake XRP directly from the XRP ledger to Firelight, without needing cross-chain bridges or operations on the Flare chain. This is a huge improvement for user experience. It is said that nearly 4 billion XRP are held within the Xaman ecosystem, and if some of that flows into Flare’s revenue infrastructure, the growth rate could far exceed expectations.

Data-wise, it’s also worth paying attention to. Last week, FXRP (the XRP asset on Flare) surpassed 100 million tokens, a milestone achieved in just five months since the launch of FAssets last September. More importantly, 89% of that is already locked in DeFi applications like Kinetic and Firelight. At the current XRP price of $1.43, the 106 million FXRP in circulation represents about $150 million worth of XRP generating yields.

Philion once said that if billions or even hundreds of billions of units of XRP are used daily to generate yields and serve as real financial tools, it would fundamentally change the market’s perception and quality. He used Uber’s early days as an analogy—Uber first captured market share before returning to profitability. Flare is now in a similar expansion phase.

Interestingly, Philion also emphasized that Flare has already achieved 100 million XRP units without institutional support, meaning retail participants are driving this. From this perspective, if the 5 billion target can truly be reached, the subsequent growth potential is still very large. The large-scale application of the XRP yield ecosystem could indeed be a turning point, both for Flare and XRP itself.