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Flare Network's FLR token jumps 14% after upgrade enabling easy XRP-to-FXRP minting from exchanges

Protocol Fundamentals
15 May 2026
Crypto news
View Source
Bullish
pluang ai news

Flare Network's FLR token surged 14% following the launch of the FAssets v1.3 upgrade, which allows XRP holders to mint FXRP tokens directly from major centralized exchanges like Binance and Kraken in a single transaction. This upgrade removes previous multi-step barriers, boosting adoption potential. The move is part of Flare's broader tokenomics overhaul, including reduced inflation and new protocol features, making FLR more attractive regardless of broader market trends. This upgrade is expected to drive sustained volume growth for FLR in the coming days.

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