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Slide 4% amid Bitcoin Sell-off, but cup-and-handle setup to $ 5 whole

The token retreat from $ 3.02 resistance to a PABAGU-change of August 28-29 session as the distribution pressure meets fresh accumulation to $ 2.85- $ 2.86 support.
Updated August 29, 2025, 5:16 PM Na -Published August 29, 2025, 2:47 PM
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Flare Lands Second Public Company for XRP Defi Framework

Combined with the Firelight, Flare’s Restaking Layer, the companies allow companies to convert XRP to FXRP and allocate it to entire decentralized lending, staking and liquidity protocols.
What to know:
- All Blockchain Inc. signed a memorandum of understanding to adopt an XRPFI Flare outline for the Corporate Treasury’s yield.
- The Flare system aims to transform XRP into a productive owner for institutions through the fassets system and fire restoration layer.
- The adoption of two public companies, including Vivopower International, indicates a transition to how digital assets such as XRP are used by institutions.