Flare
FLRID: 7950Rank #72Updated 8/20/2026, 7:27:00 AM
24h Low
$0.00585803
24h High
$0.00651085
Market Cap
$550.54M
24h Volume
$4.16M
Fully Diluted Valuation
$673.57M
Market Dominance
0.02%
7d Volume
$16.92M
Volume / Market Cap
0.76%
FLR Price Chart
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Technical Analysis
Price Performance
1h
-1.19%
24h
+7.78%
7d
+5.58%
30d
-2.95%
60d
-14.45%
90d
-24.47%
1y
-72.74%
YTD
-41.79%
All-Time High
$0.0797
All-Time Low
$0.00585803
Supply
FLR AI Analysis Posts
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Flare's FXRP just unlocked access to a $280M RLUSD lending vault as collateral, a catalyst that could reprice FLR despite today's dull -0.29% drift.
- ✓FXRP approved as collateral in a $280M RLUSD lending vault bridges XRP holders to Ethereum DeFi, generating new demand for Flare’s infrastructure and gas token FLR.
- âś“Extremely low 24h volume ($1.88M) amid a slight price dip signals exhaustion selling, making the setup highly sensitive to any positive catalyst.
- âś“Market cap rank 73 with a negative 24h change and a fresh high-impact fundamental event creates a classic contrarian entry with asymmetric upside.
Seoul police dismantle a sophisticated phishing ring that drained $8.5M in XRP by mimicking Flare Network. The breach of brand trust weighs on FLR’s price, which hovers precariously at $0.0063 with thin liquidity.
- ✓$8.5M fake staking scam using Flare’s FXRP brand sparks fear, not a network breach but erodes retail trust
- âś“24h volume of $2.45M indicates weak liquidity, making FLR vulnerable to sudden swings
- âś“Price barely budged (-0.14%) suggesting limited immediate selling, but macro headwinds persist
Flare’s new Smart Accounts upgrade cuts XRP DeFi approvals to a single wallet signature, but FLR price is unchanged near $0.0063 with low volume, reflecting a wait-and-see market.
- ✓Smart Accounts upgrade reduces DeFi friction for XRP holders, potentially boosting Flare’s utility and long-term demand.
- âś“24h volume ($2.62M) is thin, and the -0.12% price change shows no immediate speculative excitement, keeping price anchored.
- âś“FLR sits at an extended low, with macro risk-reward skewed negative unless fundamental adoption accelerates meaningfully.
Flare CEO Hugo Philion targets Bitcoin integration for FBTC, building on a 150M FXRP surge. While FLR price dips -0.12%, the ambitious cross-chain pivot sets the stage for a potential breakout above $0.0065.
- âś“CEO confirms plans to integrate Bitcoin via FBTC, potentially unlocking deep liquidity for DeFi on Flare
- âś“150 million FXRP minted signals strong demand for XRP-based assets, demonstrating network utility
- âś“Low 24-hour volume and muted price decline suggest consolidation ahead of a news-driven re-rating
Flare CEO Hugo Philion revealed a definitive 6-month XRPFi roadmap, set to bring XRP DeFi to the network. Despite the announcement, FLR dipped 2.24% in the last 24 hours. Our analysis dissects whether this fundamental catalyst can ignite a trend reversal and sets precise entry, target, and stop-loss levels.
- ✓XRPFi Roadmap: A 6-month plan to integrate XRP into DeFi via Flare’s F-assets, potentially driving massive demand for FLR as gas and governance token.
- ✓Price Dip Opportunity: FLR’s 2.24% decline to $0.0065 presents an attractive entry zone for a catalyst-driven bounce, provided support holds.
- âś“Volume and Momentum: Low 24h volume of $2.47M and bearish short-term momentum elevate risk; the trade requires a tight invalidation level.
FLR Converter
USD value
$0.00633144
About Flare
Flare is the layer 1 blockchain for data.
What is Flare (FLR)?
Flare is an EVM-based layer 1 aiming to make blockchain more useful by giving developers decentralized access to high-integrity data from other chains and the internet. This enables new use cases and monetization models, while allowing dapps to serve multiple chains through a single deployment.
What makes Flare unique?
Flare has developed two native interoperability protocols facilitating on-chain, decentralized acquisition of blockchain, time series and Web2 API data. The protocols are secured by the network itself, with decentralized, independent data providers incentivized to deliver accurate data. This helps Flare to minimize risks for users and developers.
The State Connector securely acquires event information from other blockchains and the internet to be used in smart contracts on Flare. It acquires this data securely, scalably and in a decentralized manner, with a set of independent attestation providers needing to reach consensus on the validity of an event before the information can be made available to dapps on the network.
The Flare Time Series Oracle (FTSO) utilizes the network structure to deliver highly decentralized prices and data series to dapps on Flare without relying on centralized data providers.
By providing reliable access to cryptocurrency prices, detailed transaction information from other chains, and Web2 event data, Flare enables developers to build applications that can provide more utility to a larger group of users.
What is the Flare (FLR) token used for?
FLR is the native token used for payments, transaction fees to prevent spam attacks and staking in validator nodes. FLR can also be wrapped into an ERC-20 variant, WFLR. WFLR tokens serve various functions; they can be delegated to FTSO data providers, for example, or used to participate in governance. These two uses are not mutually exclusive and do not prevent the tokens from being used in other EVM-compatible dapps and smart contracts on Flare.
Wrapped FLR (WFLR) can be minted by depositing native FLR tokens into a smart contract and withdrawing the newly minted WFLR.
How many FLR tokens are in circulation?
Genesis of Flare mainnet occurred on 14 July 2022, followed by the public token distribution event (TDE) on 9 January 2023.
Total available supply at genesis was 100 billion FLR, of which 12 billion FLR were in circulation immediately after TDE.
The public token distribution continues for 36 monthly installments providing a total of 28,524,921,372 FLR to the community.
Flare is an inflationary network with 10% of circulating supply minted in year 1. These freshly minted FLR are provided to Flare Time Series Oracle data providers and the token holders that delegate to them (70%) to secure the decentralized provision of price data to the network, validators (20%) and State Connector attestation providers (10%).
Who are the founders of Flare (FLR)?
Flare was founded by Hugo Philion, Sean Rowan and Dr Nairi Usher, now CEO, CTO and Chief Scientist, respectively. They met while studying machine learning at University College London, sharing an interest in distributed systems and their potential applications.
Where can I buy Flare (FLR)?
Flare (FLR) is currently trading on a number of exchanges, with cryptocurrency and stablecoin pairs available.