logo
Flare

Flare

FLR·0.01
-0.79%

Flare (FLR) Daily Market Analysis

By CoinStats AI

What is the latest news for FLR?

Flare (FLR) Latest Developments

FXRP Spot Trading Launch on Hyperliquid

Flare achieved a significant milestone on January 7, 2026, integrating wrapped XRP (FXRP) onto the Hyperliquid decentralized exchange and creating the first FXRP/USDC spot trading pair, providing an on-chain order book for deeper liquidity and professional trading features. A dedicated bridge for one-click redemptions back to the XRP Ledger is expected soon.

Firelight Liquid Staking Protocol Advancement

Firelight is a liquid staking protocol that allows XRP holders to mint FXRP and deposit it to receive stXRP, a liquid ERC-20 token that earns rewards while remaining usable in DeFi, with mainnet launch on Flare anticipated in the first quarter of 2026 following a security audit and testing on Songbird.

CEO Addresses Viral Manipulation Claims

Flare CEO Hugo Philion debunked a viral WhatsApp conversation that claims to show Ripple insiders discussing strategic manipulation of FLR. Philion publicly dismissed the viral WhatsApp conversation alleging insider manipulation as "clearly nonsense".

FXRP Adoption Metrics

Wrapped asset FXRP has reached a circulating supply of 89.03 million tokens, valued at approximately $170.98 million at current prices. Philion emphasized that retail participants have driven this growth, noting that institutional players have yet to enter, and added that FXRP is gradually evolving from a simple digital token into a yield-bearing financial instrument.

Market Performance

Current FLR price stands at $0.010447, with a 24-hour change of +0.38% and a 7-day decline of -5.9%. The token maintains a market capitalization of $866.95 million and ranks 81st by market cap.

Institutional Developments

Nasdaq-listed company VivoPower committed $100 million worth of XRP to be deployed through Flare, custody giant BitGo added support for FLR, and a Flare ETF application by Teucrium is under SEC review.

Multi-Asset Expansion Vision

A core long-term vision for Flare is to extend its FAssets system beyond XRP to tokenize other non-smart contract assets like Bitcoin and Dogecoin, allowing holders of these assets to use them as collateral and participate in Flare's DeFi ecosystem.


Sources:

  1. https://coinmarketcap.com/cmc-ai/flare/latest-updates/
  2. https://thecryptobasic.com/2026/01/20/flare-ceo-says-viral-ripple-insider-whatsapp-chat-is-clearly-nonsense/
  3. https://coinmarketcap.com/cmc-ai/flare/price-prediction/

Why is FLR price up today?

Flare (FLR) Price Analysis – 24-Hour Movement

Current Price and Performance

Flare is trading at $0.0104 with a +0.38% gain over the last 24 hours. While the positive movement is modest, it represents a reversal from recent weakness, as the token declined 5.9% over the past week.

Market Metrics

  • Market Capitalization: $866.95 million
  • 24-Hour Trading Volume: $7.54 million
  • Available Supply: 82.97 billion FLR
  • Fully Diluted Valuation: $1.09 billion

Price Movement Context

The 24-hour gain of 0.38% is relatively modest and suggests consolidation rather than strong directional momentum. More notably, FLR experienced a -0.06% decline in the past hour, indicating potential resistance at current levels. The broader 7-day decline of 5.9% suggests the token has faced headwinds recently, making today's slight recovery a minor stabilization rather than a significant reversal.

Trading Activity

The $7.54 million in 24-hour volume is relatively light relative to the token's market cap, which may limit the sustainability of price movements in either direction.


Note: Without access to real-time market news or catalyst information, the modest 24-hour gain appears to reflect general market conditions rather than a specific catalyst. For detailed information on what may be driving today's movement, monitoring Flare's official channels and crypto market news would provide additional context.

What is the market sentiment for FLR today?

Market Sentiment Analysis: Flare (FLR)

Overall Sentiment: Bearish Short-Term, Mixed Long-Term

Technical analysis signals bearish sentiment with 8 bullish indicators and 23 bearish signals as of January 19, 2026. The market exhibits a conflicting dynamic between near-term technical weakness and longer-term fundamental optimism.

Technical Market Indicators

FLR is deeply oversold with RSI at 32.1 and trades below all key moving averages, indicating bearish momentum that must reverse for a sustained recovery. The price of $0.0100 is below the 7-day SMA ($0.0108), 30-day SMA ($0.0112), and critically, the 200-day SMA ($0.0180).

Price Performance:

  • 1-hour change: -0.06%
  • 24-hour change: +0.38%
  • 7-day change: -5.9%

Market Metrics:

  • Market cap: $866.95 million
  • 24-hour volume: $7.54 million
  • Risk score: 58.56 (moderate-to-high risk)

Fear & Greed Index

All technical indicators indicate bearish sentiment while the Fear & Greed Index reads 10.85, indicating extreme fear. This represents a significant capitulation phase in market psychology.

Institutional and Ecosystem Developments

Despite technical weakness, fundamental catalysts are emerging:

Concrete institutional moves are providing validation, with Nasdaq-listed company VivoPower committing $100 million worth of XRP to be deployed through Flare, custody giant BitGo adding support for FLR, and a Flare ETF application by Teucrium under SEC review.

On January 7, 2026, Flare launched the first-ever XRP spot market on Hyperliquid, using its FXRP token for an FXRP/USDC trading pair, leveraging Flare's FAssets system and LayerZero technology.

Long-Term Outlook vs. Near-Term Reality

FLR's price outlook is a clash between a promising long-term thesis built on XRPFi adoption and near-term technical deterioration, with holders requiring patience as the ecosystem must demonstrate real growth to overcome current market skepticism.

The network aims to manage 5 billion XRP by mid-2026, which would significantly increase utility and demand for FLR tokens used for collateral and gas fees, creating substantial new demand that would be a structural, long-term bullish driver.

Community Sentiment

The community is bullish about Flare (FLR) today, though this contrasts with technical weakness. The community is vibrant, with over 100,000 followers on Twitter, active Reddit discussions in r/FlareNetworks with around 20,000 members, and a Telegram group with 50,000+ participants.

Supply Pressure Considerations

FlareDrops consist of monthly distributions totaling roughly 24.2 billion FLR, with a schedule ending in January 2026, and these monthly claims can create regular sell pressure, especially when recipients treat them like income.


Sources:

  1. CoinCodex - Flare Price Prediction: https://coincodex.com/crypto/spark-token/price-prediction/
  2. CoinMarketCap - Flare Price Analysis: https://coinmarketcap.com/cmc-ai/flare/price-analysis/
  3. DigitalCoinPrice - Flare Forecast: https://digitalcoinprice.com/forecast/flare
  4. CoinGecko - Flare Price: https://www.coingecko.com/en/coins/flare
  5. Coincub - Flare Price Prediction: https://coincub.com/price-prediction/flare-flr-price-prediction/
  6. WEEX - Flare Guide: https://www.weex.com/news/detail/what-is-flare-flr-a-comprehensive-guide-141316
  7. Changelly - Flare Price Prediction: https://changelly.com/blog/flare-flr-price-prediction/

FLR Technical Analysis: Key Support & Resistance Levels?

I'll gather current technical data on Flare (FLR) and search for recent technical analysis.