Flare Network Eyes $0.03: Institutional Backing, DeFi Growth Fuel $FLR’s Momentum
Layer-1 blockchain Flare ($FLR) is charging ahead to become the backbone of decentralized interoperability. Rocketing 9.6% to trade at $0.02513 in one day, fueled by major institutional partnerships and rising DeFi adopt...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Layer-1 blockchain Flare ($FLR) is charging ahead to become the backbone of decentralized interoperability. Rocketing 9.6% to trade at $0.02513 in one day, fueled by major institutional partnerships and rising DeFi adoption, Flare could be weaving the very fabric that connects the future of blockchain.
JUST ANNOUNCED!
You asked, we listened.
Uphold is exploring ways to unlock yield on $XRP, including testing XRP staking through @FlareNetworks FAssets.
Welcome to the world of smart contracts and DeFi opportunities, #XRPArmy.
Stay tuned for the beta.#Ripple #Flare pic.twitter.com/1M33bohTDm
Unlike traditional Layer-1 blockchains, Flare is built with interoperability at its core. The State Connector is Flare’s secret weapon, gathering information from external chains and the internet, validating the data through a consensus of independent providers, and feeding it into smart contracts.
Flare’s second major protocol, the Flare Time Series Oracle (FTSO), allows users to earn rewards by providing accurate price data. This is how the network distributes $FLR tokens, with a proposed inflation adjustment to ensure long-term sustainability. A major milestone was the launch of FTSOv2 (Flare Time Series Oracle v2).
Recent developments demonstrate Flare’s aggressive push for ecosystem expansion and institutional adoption. The Flare FAssets Incentive Program seeks to accelerate the use of FAssets and modular protocols, thereby boosting network usage.
Additionally, Flare announced a partnership with NASDAQ-listed VivoPower to deploy $100 million in $XRP for institutional yield strategies. This indicates institutional confidence and a push to integrate TradFi capital flows into the Flare Network.
JUST ANNOUNCED!
You asked, we listened.
Uphold is exploring ways to unlock yield on $XRP, including testing XRP staking through @FlareNetworks FAssets.
Welcome to the world of smart contracts and DeFi opportunities, #XRPArmy.
Stay tuned for the beta.#Ripple #Flare pic.twitter.com/1M33bohTDm
Flare partnered with Uphold to introduce XRPFi, a DeFi suite for XRP holders that allows staking and lending directly on the Flare network. This expands utility for XRP and strengthens Flare’s position in DeFi.
JUST ANNOUNCED!
You asked, we listened.
Uphold is exploring ways to unlock yield on $XRP, including testing XRP staking through @FlareNetworks FAssets.
Welcome to the world of smart contracts and DeFi opportunities, #XRPArmy.
Stay tuned for the beta.#Ripple #Flare pic.twitter.com/1M33bohTDm
In July, Flare celebrated its third anniversary, marked by ecosystem growth through integrations with SparkDEX, TrustSwap, and Team Finance. These allow more comprehensive token launch and management options for project builders.
Flare also integrated Tether’s omnichannel USD₮0, which saw over $60 million minted in early May, reflecting increased DeFi adoption, simplifying DeFi transactions for users, and increasing liquidity on the platform.
BitGo’s custody solutions now allow institutional investors in both the U.S. and Europe to securely access $FLR and $SGB, the native token of Flare’s canary network, Songbird. This development strengthens Flare’s global appeal and paves the way for broader institutional participation in its ecosystem.
The market cap of $FLR now stands at $1.7 billion with a 24-hour trading volume of $112 million. With a total value locked (TVL) of $134 million and over 482,000 total addresses, the token is showing strong signs of growth and adoption.
$FLR Faces Selling Pressure After Hitting Key Resistance LevelsOn the 4‑hour chart, the price has reversed from its top and is now trading around $0.0240, dipping back through the 23.6% Fibonacci retracement at $0.0256 and hovering just above the 38.2% level near $0.0241.
$FLR now trades at $0.02355, down 1.13% but still 34.5% up over the last seven days and 47% up over the last month.
JUST ANNOUNCED!
You asked, we listened.
Uphold is exploring ways to unlock yield on $XRP, including testing XRP staking through @FlareNetworks FAssets.
Welcome to the world of smart contracts and DeFi opportunities, #XRPArmy.
Stay tuned for the beta.#Ripple #Flare pic.twitter.com/1M33bohTDm
This area represents an early test of whether the rally can sustain itself or whether profit-taking will prompt a deeper correction.
Order-flow footprint data from the 15-minute view provides a clear picture of sell-side activity.
Heavy red deltas dominate recent candles, such as –266.42K on a total of 313.42K, and another with –240.84K on a total of 285.35K, showing that sellers have been aggressively hitting bids.
JUST ANNOUNCED!
You asked, we listened.
Uphold is exploring ways to unlock yield on $XRP, including testing XRP staking through @FlareNetworks FAssets.
Welcome to the world of smart contracts and DeFi opportunities, #XRPArmy.
Stay tuned for the beta.#Ripple #Flare pic.twitter.com/1M33bohTDm
Even candles with lighter turnover have been net‑negative, such as –48.3K and –140.81K deltas, pointing to steady profit‑taking and systematic selling rather than random moves.
With this increased selling pressure now visible in the volume profile, it’s important to check whether momentum is aligning with that tone.
Momentum indicators have indeed started to cool off. The RSI hit 70 at the peak but now sits near 63. That’s a clear slowdown—buyers aren’t pushing as hard anymore. It’s not oversold yet, but the momentum has weakened.
The MACD is still positive, barely. But it’s flattening out. Those solid green bars have become increasingly thinner by the hour. Despite these signs, the broader trend from mid‑July remains intact.
Buyers previously stepped in around the $0.0220–$0.0230 base, which aligns with the 61.8% retracement. Therefore, that zone remains important as a deeper support if the current 38.2% level gives way.
For bulls, a decisive reclaim above $0.0256 accompanied by improved buy deltas would suggest renewed strength, while continued selling here could open the door to a slide toward the mid‑$0.022s. The market is essentially pausing to test how committed those recent buyers really are.
The post Flare Network Eyes $0.03: Institutional Backing, DeFi Growth Fuel $FLR’s Momentum appeared first on Cryptonews.
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