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Flare's token changes boost staking but price remains bearish since April update

Protocol Fundamentals
09 Sep 2026
AMBCrypto
View Source
Neutral
Flare's token changes boost staking but price remains bearish since April update

Flare Network passed Improvement Proposal 16 in April, reducing token issuance and increasing burn rates, which boosted staking from 16 billion to 21 billion FLR tokens. These changes aim to secure the network and reduce circulating supply, with protocol revenue also growing. However, despite these positive onchain developments, Flare's price has trended downward since late September, facing resistance around $0.008 and showing bearish technical signals. A price rise above $0.00829 is needed to signal a potential bullish reversal.

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