Flare (FLR) Back in the Buying Zone Is XRPs Smart Contract Layer About to Take Off?
What Is Flare (FLR)?
Flare is a Layer 1 blockchain built to bring smart contract functionality to assets that dont support it natively, like XRP, Bitcoin, and Dogecoin.
The project uses the Flare Time Series Oracle (FTSO) to deliver decentralized data to dApps and supports cross-chain interoperability through its native bridge systems. At its core, Flare aims to become the data and utility layer for blockchains that currently lack programmability. Its also closely tied to XRP, not just in branding but in purposeserving as the smart contract extension the XRP Ledger never had.
Why Is Flare in the Buying Zone?
After a rough post-launch year, FLR has re-entered a critical support range that traders are eyeing as a buying zone.
Heres whats lining up:
- Technical support around $0.025$0.028
- Growing TVL from ecosystem dApps
- Upcoming protocol upgrades and integrations
- Improved liquidity on CEXes and DEXes
Flare/USD price in the past week - TradingView
With most of the speculative noise around the airdrop now behind it, Flare looks ready for more fundamentals-driven growth.
Flare and XRP: Still a Hidden Catalyst?
Flare was originally pitched as Smart Contracts for XRP. While its now broader in scope, that connection remains crucial:
- It gives the project a massive existing community
- XRP holders are familiar with FLR from the airdrop
- Institutional interest in XRP could spill over into FLR as infrastructure matures
As Ripple Labs continues its regulatory battles, Flare remains a more flexible, programmable alternative for developers within the XRP ecosystem.
Flare Price Prediction: What Comes Next for FLR?
FLR has underperformed many of its peers over the past year, but that could also mean greater upside potential. Flare price reached around $0.046 previously. From the current price, FLR price can easily make another 100% in the next bull cycle.
If Flares cross-chain tools, oracles, and data feeds start gaining traction across other chainsnot just XRPthen its utility narrative becomes much stronger.
Pair that with low prices and a more mature market cycle, and FLR could be a sleeper hit in 2025.
Read more: https://cryptoticker.io/en/flare-flr-buying-zone-xrp-smart-contracts/
Text source: CryptoTicker
