Introduction to Flare Network
Flare Network is a Layer 1 EVM-compatible blockchain designed to bring smart contract functionality to assets like XRP and Litecoin. Its two core protocols—the State Connector and Flare Time Series Oracle (FTSO)—enable secure data interoperability and decentralized price feeds.
👉 Discover how Flare Network bridges blockchain ecosystems
Key Market Metrics
Capitalization and Supply
- Market Cap: $1.16 billion (+0.54% change)
- Circulating Supply: 67.64 billion FLR (verified)
- Total Supply: 100.72 billion FLR
- Max Supply: Unlimited (inflationary model)
Updated 18 hours ago
Liquidity and Exchange Listings
- Trading Volume (24h): $4.93 million (-13.78%)
- Exchange Listings: 32 major platforms including Coinbase, Kraken, and OKX
FLR Price Performance
| Metric | Value |
|---|---|
| All-Time High (ATH) | $0.0543 (Feb 26, 2024) |
| Current Price vs ATH | -68.35% |
| Volume/Market Cap | 0.00424 |
| FDV | $1.73 billion |
FLR Trading Markets
| Exchange | Trading Pair | 24h Volume |
|---|---|---|
| Gate.io | FLR/USDT | $875,180 |
| Coinbase | FLR/USD | $731,116 |
| Bybit | FLR/USDT | $549,278 |
| OKX | FLR/USDT | $430,476 |
| Kraken | FLR/ZUSD | $397,328 |
👉 Explore FLR trading strategies on top exchanges
Frequently Asked Questions (FAQ)
1. What makes Flare Network unique?
Flare integrates EVM compatibility with protocols like FTSO, allowing dApps to access decentralized data without relying on centralized oracles.
2. How does FLR’s supply affect its price?
With a high circulating supply (~67B FLR), price volatility may be tempered compared to low-supply tokens, but adoption by DeFi projects could drive demand.
3. Where can I stake FLR?
FLR can be staked via Flare’s native wallets or supported exchanges like Kraken to earn FTSO rewards.
Conclusion
Flare Network stands out for its cross-chain interoperability and dual-protocol architecture. While its price remains below ATH, its $1B+ market cap reflects strong investor interest. Monitor exchange liquidity and FTSO adoption for long-term potential.
For real-time charts, use CoinRanking’s FLR tracker.
### SEO Notes:
- **Primary Keywords**: Flare Network, FLR price, EVM blockchain, FTSO oracle, Layer 1 crypto.