2026-01-01 18:23:30

FLR has suddenly surged in the past couple of days, with a 24-hour increase of over 4%. What exactly is happening behind the scenes?

The Flare network has been active recently. The latest news is that they are focusing on institutional efforts—integrating with Vivo Power and securing a partnership with BitGo. This means that institutional-grade asset custody is now guaranteed, and the entry barrier for large enterprises has been significantly lowered.

The on-chain ecosystem is also heating up. earnXRP and a series of new DeFi features have been launched successively, especially the FXRP staking and yield trading functions. XRP holders can now generate yields directly on the chain without idle assets.

Market sentiment is also worth noting—86% of the community's sentiment is positive, which is quite high. Coupled with the 2.06% price increase over the past 24 hours, it reflects the market’s recognition of these developments. In short, rising institutional interest and improved ecosystem functions are creating a dual positive feedback loop.

FLR5.23%

XRP1.78%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

14 Likes

Reward
14
5
Repost
Share

Comment

0/400

gas_fee_therapist

· 1h ago

The moment institutions took over BitGo, I knew FLR would rise; it's really not driven by retail investors.

View OriginalReply0

GweiWatcher

· 6h ago

Institutional + ecosystem dual-driven, this move definitely has some substance. BitGo's entry ensures security, and I like the fact that XRP holders can directly generate profits.

View OriginalReply0

SnapshotDayLaborer

· 6h ago

Damn, even BitGo has stepped in. This time, it's really serious.

View OriginalReply0

SelfMadeRuggee

· 6h ago

Wow, BitGo is here. Now institutions are really about to enter the market. This wave of FLR is secure.

View OriginalReply0

DegenWhisperer

· 6h ago

Institutional bottom-fishing + ecosystem improvement, this combination really packs a punch. BitGo has been secured, so there's finally no need to worry about fund custody. The psychological barrier for large investors to enter has been broken. However, a 4% increase is a bit mild; if this trend continues, there should be more room for growth. There are also moves on the earnXRP side. Staking yields are indeed a small sweet spot for token holders. But to be honest, an 86% sentiment share sounds a bit exaggerated. Such data is often the most prone to reversal. Let's focus on the long-term fundamentals.

View OriginalReply0