Flare Network Overview
Flare Network is a blockchain platform designed to bring smart contract functionality to assets like XRP. Its native token, FLR, has shown interesting price movements since its launch in February 2023.
FLR Price Performance Timeline
- Launch Period (Feb 2023): Initial price detected at $0.0404
- October 2023: Recorded lowest price at $0.00842
- February 2024: Peak price reached $0.0502
- 2024 Annual Performance: Average price $0.0245, closing at $0.0260 after reaching $0.0546
Key Market Data Highlights
| Metric | Value |
|---|---|
| All-Time High | $0.0546 |
| All-Time Low | $0.00842 |
| 2025 Current Price Range | $0.0168 - $0.0200 |
| Circulating Supply | 56.8 billion FLR |
Recent Price Action (June 2025)
The table below shows FLR's daily performance during June 2025:
| Date | Open | High | Low | Close | Volume (USD) | Market Cap |
|---|---|---|---|---|---|---|
| 06/30/2025 | $0.0174 | $0.0177 | $0.0171 | $0.0173 | $3.4M | $962.8M |
| 06/29/2025 | $0.0175 | $0.0175 | $0.0171 | $0.0174 | $3.3M | $963.7M |
| 06/01/2025 | $0.0175 | $0.0190 | $0.0173 | $0.0190 | $20M | $993.5M |
👉 Track live FLR prices for real-time updates on Flare Network's token performance.
Market Influencers
Several factors have impacted FLR's price trajectory:
Network Developments:
- FlareDrop distributions
- Partnership announcements (Ankr, Uphold)
- Exchange listings (DYdX)
Ecosystem Growth:
- XRPFi space expansion
- Staking mechanism improvements
- Smart contract adoption
Market Conditions:
- Overall crypto market trends
- Regulatory developments
- Investor sentiment shifts
FLR Investment Considerations
When evaluating FLR as an investment:
- Technology: Assess Flare's unique value proposition in bridging non-smart contract assets
- Adoption: Monitor developer activity and dApp growth
- Tokenomics: Understand inflation rate and distribution schedules
- Market Position: Compare with similar interoperability solutions
👉 Learn about staking FLR to potentially earn additional rewards while supporting network security.
Frequently Asked Questions
What was FLR's highest price?
FLR reached its all-time high of $0.0546 in February 2024.
How can I buy FLR?
FLR is available on several major exchanges including OKX, Uphold, and DYdX.
What makes Flare Network special?
Flare brings Ethereum-style functionality to assets like XRP that weren't originally designed for smart contracts.
When was FLR launched?
The Flare token first appeared in markets in February 2023.
Is FLR a good investment?
Like all cryptocurrencies, FLR carries risk. Its value depends on network adoption, technology execution, and overall market conditions.
Future Outlook
Analysts watch these key indicators for FLR's future performance:
- Mainnet upgrade implementations
- Developer community growth
- Cross-chain adoption rates
- Regulatory clarity in major markets
The network's ability to deliver its promised interoperability solutions while maintaining security will be crucial for long-term value appreciation.