Flare Network Boosts XRP Ecosystem with Smart Accounts v1.3 Upgrade
The Flare Network continues to expand its ecosystem around XRP, despite the price of the asset remaining relatively stagnant. The latest update is the rollout of Smart Accounts v1.3, which allows users to move XRP into curated vaults with a single signature from an existing XRPL wallet.
This eliminates the need for a separate EVM wallet, gas token, or manual bridging, as Flare Smart Accounts automatically handle minting, deposits, and yield generation while remaining non-custodial.
The update reflects Flare's business model of promoting XRP use in DeFi through secure, on-chain infrastructure. However, the technical progress hasn't translated into stronger token performance for FLR or XRP, which remains heavily influenced by overall crypto sentiment.