Search results for FLR
Crypto
Flare shows pattern similar to XRP before 2017 surge after lower highs
Flare\'s FLR token is showing a price pattern similar to XRP’s chart before its 2017 surge, an analysis says, even as it forms a series of lower highs during rebounds. XRP rose from $0.005 in March 2017 to $3.31 in January 2018, a 66,100 percent gain. The report cautioned that similar charts do not guarantee similar outcomes, citing a more crowded altcoin market and the need for supportive market conditions.
Crypto
Flare targets XRP and bitcoin DeFi integration to attract institutional funds
Flare Networks is pushing to expand its DeFi connectivity from XRP to bitcoin, with CEO Hugo Philion saying it plans to extend its FAssets technology to bitcoin via a wrapped token, FBTC. Flare aims to turn major cryptocurrencies that are hard to use directly in DeFi into programmable assets. It has issued more than 150 million FXRP and targets attracting up to 5 billion XRP within six months. Flare says its FCC confidential computing could reduce full disclosure of transaction information for large participants.
Crypto
XRP, once criticised as \'finance coin\', sees institution-focused strategy reappraised
Ripple CEO Brad Garlinghouse agreed publicly that XRP was once criticised as a coin for the financial sector but that the wider crypto industry is now pursuing the same approach. Comments by Flare co-founder Hugo Philion argued that Ripple’s focus on banks and payment providers was initially mocked but has since been adopted across blockchain projects. XRP supporters and lawyer Bill Morgan also weighed in, highlighting repeated criticism of Ripple’s XRP holdings and sales.