What Is Flare (FLR)?

Ever wondered how to bring the power of smart contracts to assets like Flare Network? That’s exactly what Flare is doing! This Layer 1 blockchain is designed to unlock smart contract capabilities for cryptocurrencies that don’t naturally have them, including big names like XRP, Bitcoin, and Dogecoin.

Flare utilizes its innovative Flare Time Series Oracle (FTSO) to feed decentralized data to dApps. Plus, with its built-in bridge systems, it supports seamless cross-chain interoperability. Think of Flare as aiming to become the go-to data and utility layer for blockchains still waiting for their programmable moment. It’s also deeply connected to XRP, and not just in name! It serves as the smart contract functionality that the XRP Ledger was always intended to have.

Why Is Flare in the Buying Zone?

Okay, so Flare’s launch year might have been a bit bumpy, but things are looking up! FLR has now swung back into a key support area, and traders are starting to see it as a potential buying opportunity.

Here’s what’s making it an interesting moment:

• We’re seeing strong technical support around $0.025–$0.028
• The Total Value Locked (TVL) in ecosystem dApps is growing, showing increased activity
• Exciting protocol upgrades and integrations are on the way
• Liquidity is improving on both centralized exchanges (CEXes) and decentralized exchanges (DEXes)

Flare/USD price in the past week – TradingView

Now that the initial hype and airdrop buzz have settled, Flare seems ready for growth driven by solid fundamentals.

Flare and XRP: Still a Hidden Catalyst?

Let’s talk about XRP! Flare’s origin story started with the promise of “Smart Contracts for XRP.” While it’s grown to be much more, this connection is still super important:

• It immediately taps into a massive existing community
• XRP holders are already familiar with FLR from the airdrop
• Any institutional interest in XRP could naturally flow into FLR as its infrastructure matures

And with Ripple Labs still navigating regulatory waters, Flare remains a more flexible, programmable alternative for developers within the XRP ecosystem.

Flare Price Prediction: What Comes Next for FLR?

Okay, price talk. FLR might have underperformed compared to some others over the past year, but that could actually mean greater upside potential! We’ve seen Flare reach around $0.046 before, and from the current price, another 100% jump in the next bull cycle feels totally within reach. 

Imagine if Flare’s cross-chain tools, oracles, and data feeds start catching on across all sorts of blockchains, not just XRP? Suddenly, its utility case becomes incredibly strong.

Combine that with its currently accessible price and a more mature market cycle, and FLR could be a real sleeper hit in 2025.