Flare Network (FLR) Price

Flare Network is a Layer 1 blockchain cryptocurrency designed to enable developers to build applications that can utilize data from other chains and the internet. Key features of FLR include: - EVM-compatible blockchain supporting smart contracts - State connector protocol for secure cross-chain data access - Time Series Oracle providing decentralized price and data feeds - Supports new use cases and monetization models through high-integrity data access Launched on January 10, 2023, FLR aims to bridge data across blockchains and the internet. As of 2026-05-08, FLR has a market cap of $684.98M and is ranked #100 by market capitalization. The current price is $0.007961, with a 24-hour trading volume of $71.32K. FLR has a circulating supply of 86.04B FLR tokens and a total supply of 105.50B FLR. Its all-time high was $0.150073 on January 10, 2023, while the all-time low was $0.007260 on October 19, 2023.

Flare Network was created on January 10, 2023. The network officially launched on this date, marking the beginning of FLR as a tradable cryptocurrency. Since its creation, Flare Network has aimed to enable developers to build applications that can utilize data from other blockchains and the internet, supporting new use cases and monetization models through decentralized access to high-integrity data.

The founders of Flare Network (FLR) are Hugo Philion, Sean Rowan, and Nairi Tjoe-Awie. They established the Flare Network in 2019 with the goal of creating a blockchain that could securely utilize data from other chains and the internet. Hugo Philion serves as the CEO, Sean Rowan as the CTO, and Nairi Tjoe-Awie as the COO of Flare Networks. The team's vision was to develop a scalable, EVM-compatible Layer 1 blockchain that enables developers to build applications leveraging data from multiple sources. Flare Network officially launched on January 10, 2023, after several years of development. Since its launch, the project has gained significant traction in the blockchain space, currently ranking 100 among cryptocurrencies with a market cap of $684.98M.

Flare Network works as a Layer 1 blockchain designed to enable developers to build applications that can utilize data from other chains and the internet. Key features include: 1. EVM compatibility: Allows developers to easily port Ethereum-based applications. 2. State Connector Protocol: Enables secure and trustless access to information from other blockchains and the internet through smart contracts on Flare Network. 3. Flare Time Series Oracle: Provides decentralized price and data feeds for dapps on Flare Network without relying on centralized providers. 4. Cross-chain interoperability: Facilitates communication and data transfer between different blockchain networks. 5. Scalability: Designed to handle high transaction volumes efficiently. Flare Network aims to support new use cases and monetization models by providing decentralized access to high-integrity data from multiple sources. This allows developers to build more complex and data-rich applications that can serve multiple ecosystems. The native token FLR is used for transaction fees, governance, and as collateral in certain network operations. As of 2026-05-08, FLR is trading at $0.007961 with a market cap of $684.98M and a 24-hour trading volume of $71.32K.

Flare Network utilizes a unique technical architecture designed for scalability and interoperability: 1. EVM-compatible Layer 1 blockchain: Enables smart contract functionality and compatibility with Ethereum tools. 2. State Connector Protocol: Allows secure and trustless access to data from other blockchains and the internet. 3. Flare Time Series Oracle: Provides decentralized price and data feeds for dapps without relying on centralized providers. 4. Avalanche consensus mechanism: Offers fast finality and high throughput. 5. Native token FLR: Used for gas fees, governance, and securing the network. 6. Cross-chain interoperability: Supports seamless communication with multiple blockchain ecosystems. 7. Scalable infrastructure: Designed to handle high transaction volumes and complex dapps. This architecture enables Flare Network to serve as a platform for building applications that leverage data from various sources, supporting new use cases and monetization models in the Web3 space.

The future of Flare Network (FLR) looks promising. The project aims to expand its ecosystem and enhance interoperability across blockchains. Key roadmap items include: 1. Scaling improvements to increase transaction throughput 2. Integration with more blockchain networks via State Connector protocol 3. Expansion of decentralized oracle services 4. Launch of new DeFi and NFT platforms leveraging Flare's unique data capabilities 5. Partnerships with major enterprises to drive real-world adoption By 2027, Flare Network is projected to reach $0.009272. Long-term price predictions estimate $0.010748 by 2028 and $0.016260 by 2031. The team continues to focus on building a robust infrastructure for decentralized data-driven applications. With its innovative approach to cross-chain interoperability and data oracles, Flare Network is well-positioned to become a key player in the evolving Web3 landscape.

Flare Network is rising due to increased adoption and development activity. The network's unique features, such as state connectors and decentralized oracles, are attracting more developers and users. With a current price of $0.007961 and 24-hour trading volume of $71.32K, FLR shows strong market interest and potential for further growth.

Flare Network is dropping due to market volatility and profit-taking after recent gains. The current price is $0.007961, down +3.00% in the last 24 hours. However, long-term fundamentals remain strong, with growing adoption and development on the Flare network.

Based on current trends, Flare Network (FLR) could potentially reach $0.009272 by 2027, $0.010748 by 2028, and $0.016260 by 2031. However, cryptocurrency prices are highly volatile and difficult to predict long-term.

The price of Flare Network (FLR) is expected to rise gradually. Based on current market trends and adoption rates, Flare Network could potentially reach $0.009272 by 2027 and $0.016260 by 2031. However, cryptocurrency markets are highly volatile and unpredictable.

The current price of Flare Network (FLR) is $0.007961. As the #100 cryptocurrency by market cap, FLR has seen a +3.00% change in the last 24 hours with a trading volume of $71.32K.

The highest price Flare Network (FLR) has ever reached is $0.150073. This all-time high was recorded on January 10, 2023, shortly after the token's launch.

The lowest price Flare Network (FLR) has ever reached is $0.007260. This all-time low occurred on October 19, 2023.

Currently, 1 FLR is worth $0.007961.

Flare Network is valuable due to its unique Layer 1 blockchain architecture that enables developers to build applications using data from other chains and the internet. It supports new use cases and monetization models through decentralized access to high-integrity data, making it a versatile platform for cross-chain development and data-driven applications.

The total supply of Flare Network (FLR) is 105.50B FLR, with a circulating supply of 86.04B FLR as of 2026-05-08. The maximum supply is set at 102.33B FLR.

Mining Flare Network (FLR) is not profitable. Flare Network uses a Proof-of-Stake consensus mechanism, which doesn't involve traditional mining. Instead, token holders can participate in network validation and earn rewards through staking.

The Flare Network cryptocurrency was officially launched on January 10, 2023. This marked the beginning of FLR trading and circulation in the crypto market.

Currently, one FLR costs $0.007961.

You can buy Flare Network through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy FLR at $0.007961.

To purchase FLR, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to FLR trading pair, enter purchase amount, and confirm your transaction. Store your FLR in a secure wallet for safekeeping.

Yes, Flare Network is generally considered safe and legitimate. It's a Layer 1 blockchain platform launched in 2023, currently ranked 100 by market cap at $0.007961. Flare Network uses advanced protocols to enable secure cross-chain data access and has partnerships with reputable companies in the crypto space.

Flare Network is a Layer 1 blockchain designed for building applications that utilize data from other chains and the internet. Launched in January 2023, FLR aims to enable decentralized access to high-integrity data, supporting new use cases and monetization models. It currently ranks 100 with a price of $0.007961 and a market cap of $684.98M.

The current price of Flare Network (FLR) is $0.007961. Based on market trends and expert predictions, it could potentially reach $0.009272 by 2027 and $0.016260 by 2031. However, cryptocurrency prices are highly volatile and subject to change.

Yes, Flare Network is a promising crypto to buy. As the 100th ranked cryptocurrency with a market cap of $684.98M, FLR has shown strong potential. Its current price of $0.007961 and 24-hour trading volume of $71.32K indicate good liquidity and interest. With ongoing development and adoption, Flare Network could see significant growth in 2027 and beyond.

As of 2026-05-08, Flare Network (FLR) is worth $0.007961. It has a 24-hour trading volume of $71.32K and a market cap of $684.98M, ranking 100 among all cryptocurrencies. The current circulating supply is 86.04B FLR.