No not ouch. This and the other large “redemptions” this week is just Monarq moving part of the XRP in the vault to an offchain strategy. Sometimes offchain strategies will yield more than onchain and vice versa.
It has to come back to Flare at some point in the future even if just to be redeemed by the original XRP depositor.
Flare earns fees on each step and under FIP16 part of those fees go to Fire.
$840M+ USDT0 has moved onto @FlareNetworks - a chain purpose-built for data intensive use cases.
When an AI agent uses Flare Time Series Oracle to make a decision, USDT0 is already there to settle the payment that follows.
Data and dollars, on the same network.
FIP.16 rolling on.
July network upgrade in scope: higher P-chain staking rewards and the 20× base-fee change.
Track flare-networks:native tokenomics on our @dune dashboard, with @DefiLlama coming soon.
FIP.16 update
Work continues on the next phase of the approved proposal.
July network upgrades are the current target: with higher P-chain staking rewards and a 20× base-fee change in scope.
We’ll share dates when they’re confirmed.
I've been in crypto long enough to know when a moment is real. This is one of them.
10 years of Swell converging with real scale, institutional adoption, and Swell + Apex together for the first time this fall. We've been building toward this moment — see you in New York! @RippleSwell
https://t.co/Kzzcpb9NIB
NEW: @Ripple has taken an equity stake in @theflutterwave, now valued at $3.3B, with the deal including integration of $RLUSD and the XRP Ledger into the African payments giant's cross-border infrastructure.
$XRP was built for more than payments.
XRPL handles issuance and settlement. Flare is a path to more use cases on top: DeFi, vaults, programmable finance.
Devs keep shipping ☀️
Notable updates from the Flare Developer Hub: https://t.co/xJI1UUKPnK
1. Flare Confidential Compute guide
Our docs now include a Private Key Extension guide under the new Flare Confidential Compute section.
It walks developers through building and deploying a TEE extension that stores a private key inside a Trusted Execution Environment and signs messages for onchain use.
https://t.co/MxuUvlzpTc
2. Docs are now AI-agent ready
Every page on the Developer Hub is now available as clean Markdown with a copy-page button, and our robots.txt explicitly welcomes LLM crawlers.
If you’re building with AI coding agents, you can now feed Flare’s docs directly into your tooling.
3. FAssets minting tag transfer
A new FAssets guide shows how to transfer ownership of a minting tag to another address using transferFrom, with a ready-to-use TypeScript example.
https://t.co/rXrFoPqzCG
🚨 Flare Co-Founder & Chief Scientist Naïri Usher has a background in Quantum Computing and AI and back in 2022, she published a research paper proposing a quantum upgrade for the EVM, the technology @FlareNetworks uses to power their smart contracts.
Years before quantum security became a mainstream crypto conversation, Flare Research was already working on solutions.
She saw a future threat before most people were talking about it.
Instead of waiting for the problem, Naïri Usher started building solutions years ago creating a way to protect blockchain transactions from future quantum computers while still working with today's technology.
That's the kind of long-term thinking you want from a team building a blockchain.
When your co-founder is focused on AI and quantum security instead of empty hype, it gives me more confidence that @FlareNetworks is being built for the future.
Not just for the next bull run, but for years and years to come.
Flare is in good hands. 🤝
I think it’s critical that we adopt this mindset for the next couple of months.
Some parts of the growth stage are slow and boring, but they compound heavily.
That work can become huge once momentum comes back for the entire space.
You can do 2 things when you look at the $FLR price chart:
• See how undervalued it is, do your research, and accumulate.
• Think it has no future and end up telling your grandkids you had the chance to buy below $0.01 but didn't, and now regret it.
It's all up to you.
TVL is a piece of the pie.
Transactions: Economic Activity (Mint & Redeem) PLUS DAILY GROWTH is when a killer use case proves itself.
XRP FAsset | FXRP
@FlareNetworks has built the best in the XRP Ecosystem. 💯Hands down.
A friendly reminder that $FLR is inside the Revolut app.
45 million users. 36 countries. 20+ languages.
Revolut's Learn & Earn program teaches people about Flare and rewards them with $FLR.
Over 90% of past participants were first-time token holders btw.
Everyone asks how $FLR gets to $1.00
The answer isn’t one event
It’s infrastructure → utility → adoption → supply shock.
The foundation is already being built:
✅ Firelight
✅ FAssets
✅ Valour ETP
✅ Institutional Custody
⏳ ETF Filings
Most people will notice after the price moves.
#FLR #FlareNetwork $XRP