Just after posting the questions above, I came across a very informative post by @tszn.
My LimeSDR XTRX board does not have R114 populated, but it was still consistently recognized as a Multimedia audio controller, and LED2 was blinking. I decided to leave R114 open and move forward.
I followed the instructions and successfully built LimeSuiteNG as described in Step 2.2. I skipped Steps 2.3 and 2.4, and after that, running “limeDevice --full” correctly detected the LimeSDR XTRX without any trouble.
Many thanks to @tszn for the detailed and helpful guidance.
That said, I still have some concern about the board’s temperature. It runs noticeably hot even when idle. I saw a related comment by @0x12BFB9FA, but I’m still unsure if this behavior is considered normal or requires attention.
Any insights on the thermal behavior of the XTRX would be appreciated.