What Flare Network is

Flare Network (FLR) is a proof-of-stake Layer-1 blockchain, currently ranked 100th by market capitalization among the assets we track. Flare Network is its own settlement layer. Smart contracts run on top of it, fees are paid in FLR, and the security model rests on validators bonding the token rather than burning energy to mine it.

Flare Network (FLR) is a decentralized network designed to enable smart contracts for blockchains that do not support them natively, utilizing the Ethereum Virtual Machine (EVM) and the Flare Time Series Oracle. It aims to enhance the functionality of cryptocurrencies by bringing interoperability and data to decentralized applications.

How consensus and the token economy connect

Because security is bought with bonded FLR rather than hardware, the share of supply staked is a useful gauge of conviction — and of how much float is effectively locked.

Background & fundamentals

In sector terms it is most often filed under Cryptocurrency, Smart Contracts, and Layer 1 (L1).

Where Flare Network sits in the market

Trading around $0.00642504, Flare Network carries a market capitalization of $549.31M. Around $2.27M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.41% of the float — on the quieter side, which can mean thinner liquidity for large orders.

Flare Network carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. FLR remains -88% beneath its all-time high of $0.0549, the kind of gap that historically takes a full cycle or a fresh catalyst to close.

What the price history shows

Recent moves read 24-hour -2.55%, 7-day -8.82%, 30-day -0.45%, 1-year -59.73%. FLR is currently trading near the bottom of its 366-day range (around the 0th percentile of recent closes).

Volatility profile

Recent action puts Flare Network in the Moderate-volatility band — it shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the last 30 days the move totals -0.45%, a useful input for stop placement and position sizing.

How to evaluate Flare Network

A grounded read on FLR comes down to three questions:

  • Real usage — active addresses, fees paid, and total value locked — does on-chain demand justify the valuation?
  • Staking economics — the share of FLR staked, the yield, and unlock/queue dynamics that govern liquid supply.
  • Ecosystem depth — how many applications and how much liquidity have chosen Flare Network over competing Layer-1s.

This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.