Firelight Raises $8 Million to Backstop DeFi Vaults With Staked XRP

Crypto Insight Summary: The Sentora-incubated cover protocol already holds $76 million in staked XRP on Flare. Its first cover integrations go live this month, into a market where onchain protection covers about 0.1% of DeFi. Crypto Insight Analysis: Direction: Bullish XRP Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Staking and insurance integration could boost XRP utility and demand.