The post Flare Network Hits 43,000 Token Holders, Backed by Strategic Partnerships appeared on BitcoinEthereumNews.com. Flare Network has achieved a remarkable milestone, as over 43,000 users are now active o the native FLR token. This means that a significant number of individuals are using the Layer 1 blockchain to provide interoperability to decentralize finance. The achievement follows a series of strategic alliances and ecosystem advancements that position Flare as a vital infrastructure layer for cross-chain DeFi applications, particularly for assets like XRP that lack smart contract functionality. Telegram Integration Opens Gateway to 100 Million Users The increase of FLR holders aligns with Flare’s relationship with Telegram Wallet, which runs through November 2025. This partnership brings FLR to Telegram’s web-based wallet, revealing the token to more than 100 million registered users and is among the largest onboarding projects of Flare. The project eliminates the common barriers to cryptocurrencies. Users will be able to deposit, withdraw and exchange FLR directly in Telegram, without paying any fee at the time of the promotion. Gamification activities, referral bonus and stakes with up to 50% APR are employed to encourage active participation of the ecosystem beyond just purchasing. XRPFi Ecosystem Gains Institutional Momentum While Telegram is accelerating retail usage, Flare is gaining institutional traction with its XRPFi infrastructure. Everything Blockchain Inc., a publicly traded company, just became the second institutional adopter after Nasdaq-listed VivoPower committed $100M.The XRPFi framework will address the fundamental weakness of XRP, the absence of native smart contracts. The Flare FAssets mechanism allows XRP holders to acquire FXRP, a 1:1 backed representation, which functions in Flare ecosystem, which is compatible with EVM. This facilitates the accessibility of the highly limited DeFi functionality such as lending, borrowing, liquidity provisioning, and income generating of the vast holder base of XRP. The statistics indicate actual adoption. Flare had issued 10.2 million rFLR reward tokens in September 2025, which is 34%… The post Flare Network Hits 43,000 Token Holders, Backed by Strategic Partnerships appeared on BitcoinEthereumNews.com. Flare Network has achieved a remarkable milestone, as over 43,000 users are now active o the native FLR token. This means that a significant number of individuals are using the Layer 1 blockchain to provide interoperability to decentralize finance. The achievement follows a series of strategic alliances and ecosystem advancements that position Flare as a vital infrastructure layer for cross-chain DeFi applications, particularly for assets like XRP that lack smart contract functionality. Telegram Integration Opens Gateway to 100 Million Users The increase of FLR holders aligns with Flare’s relationship with Telegram Wallet, which runs through November 2025. This partnership brings FLR to Telegram’s web-based wallet, revealing the token to more than 100 million registered users and is among the largest onboarding projects of Flare. The project eliminates the common barriers to cryptocurrencies. Users will be able to deposit, withdraw and exchange FLR directly in Telegram, without paying any fee at the time of the promotion. Gamification activities, referral bonus and stakes with up to 50% APR are employed to encourage active participation of the ecosystem beyond just purchasing. XRPFi Ecosystem Gains Institutional Momentum While Telegram is accelerating retail usage, Flare is gaining institutional traction with its XRPFi infrastructure. Everything Blockchain Inc., a publicly traded company, just became the second institutional adopter after Nasdaq-listed VivoPower committed $100M.The XRPFi framework will address the fundamental weakness of XRP, the absence of native smart contracts. The Flare FAssets mechanism allows XRP holders to acquire FXRP, a 1:1 backed representation, which functions in Flare ecosystem, which is compatible with EVM. This facilitates the accessibility of the highly limited DeFi functionality such as lending, borrowing, liquidity provisioning, and income generating of the vast holder base of XRP. The statistics indicate actual adoption. Flare had issued 10.2 million rFLR reward tokens in September 2025, which is 34%…

Flare Network Hits 43,000 Token Holders, Backed by Strategic Partnerships

Flare Network has achieved a remarkable milestone, as over 43,000 users are now active o the native FLR token. This means that a significant number of individuals are using the Layer 1 blockchain to provide interoperability to decentralize finance. The achievement follows a series of strategic alliances and ecosystem advancements that position Flare as a vital infrastructure layer for cross-chain DeFi applications, particularly for assets like XRP that lack smart contract functionality.

Telegram Integration Opens Gateway to 100 Million Users

The increase of FLR holders aligns with Flare’s relationship with Telegram Wallet, which runs through November 2025. This partnership brings FLR to Telegram’s web-based wallet, revealing the token to more than 100 million registered users and is among the largest onboarding projects of Flare.

The project eliminates the common barriers to cryptocurrencies. Users will be able to deposit, withdraw and exchange FLR directly in Telegram, without paying any fee at the time of the promotion. Gamification activities, referral bonus and stakes with up to 50% APR are employed to encourage active participation of the ecosystem beyond just purchasing.

XRPFi Ecosystem Gains Institutional Momentum

While Telegram is accelerating retail usage, Flare is gaining institutional traction with its XRPFi infrastructure. Everything Blockchain Inc., a publicly traded company, just became the second institutional adopter after Nasdaq-listed VivoPower committed $100M.
The XRPFi framework will address the fundamental weakness of XRP, the absence of native smart contracts. The Flare FAssets mechanism allows XRP holders to acquire FXRP, a 1:1 backed representation, which functions in Flare ecosystem, which is compatible with EVM. This facilitates the accessibility of the highly limited DeFi functionality such as lending, borrowing, liquidity provisioning, and income generating of the vast holder base of XRP.

The statistics indicate actual adoption. Flare had issued 10.2 million rFLR reward tokens in September 2025, which is 34% higher than July of the previous year. These advantages are acquired using liquidity provisioning, lending and other value-generating activities.

Network has achieved more than $43M XRP and 15M FXRP is on transacting. Major protocols such as SparkDEX and BlazeSwap provide FXRP trading pairs, with some offering over 50% APR to USDT/FXRP liquidity providers.

Infrastructure Expansion and Security Enhancements

Furthermore, Flare has been gradually enhancing its technology infrastructures. The network has recently shifted to Avalanche 1.11.0 that enhances the performance of block processing and consensus processes. This is a required enhancement that should be in place by all the validators by August 2025 and which will increase the speed of the network and will put Flare in position to handle larger volumes of transactions as an increasing number of people will integrate it into their practice.

Flare is also collaborating with even more massive cross-chain assets. The technology of FAssets v1.2 that allows the minting of FXRP and other non-smart-contract tokens has been extensively audited by business organizations, such as Zellic and Coinspect. Hypernative is characterized by constant surveillance and fast-response features to address potential weaknesses before they are exploited.

TVL has surpassed 170 million, and this success can be attributed to the integration of USDT0, an Omnichain stablecoin using the Omnichain Fungible Token standard of LayerZero. This integration alone doubled TVL, which had increased approximately 37 million to more than 120 million dollars in two weeks, which illustrates how fast the ecosystem can grow, once new infrastructure is implemented.

Conclusion

Flare Network began an exponential period with the addition of more than 43,000 FLR holders due to the enabling of the Telegram network to 100 million users and institutional acceptance through XRPFi. Flare, which has $170 million TVL and is constructing DeFi infrastructure, is creating itself as a core interoperability infrastructure of cross-chain finance, particularly the non-smart-contract assets such as XRP, as well as XRP.

Source: https://blockchainreporter.net/flare-network-hits-43000-token-holders-backed-by-strategic-partnerships/

Market Opportunity
TokenFi Logo
TokenFi Price(TOKEN)
$0.003263
$0.003263$0.003263
-0.94%
USD
TokenFi (TOKEN) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Where to Buy BFS Crypto? Arkham Abandons the CEX Model, North Korean Malware Targets Traders, and DeepSnitch AI’s Moonshot Launch Is About to Come and Go in Early 2026

Where to Buy BFS Crypto? Arkham Abandons the CEX Model, North Korean Malware Targets Traders, and DeepSnitch AI’s Moonshot Launch Is About to Come and Go in Early 2026

A fair few headlines have broken on February 11 that, taken together, paint a vivid picture of where crypto is headed and what it still needs to fix. Arkham Exchange
Share
Captainaltcoin2026/02/12 23:30
Shiba Inu Leader Breaks Silence on $2.4M Shibarium Exploit, Confirms Active Recovery

Shiba Inu Leader Breaks Silence on $2.4M Shibarium Exploit, Confirms Active Recovery

The lead developer of Shiba Inu, Shytoshi Kusama, has publicly addressed the Shibarium bridge exploit that occurred recently, draining $2.4 million from the network. After days of speculation about his involvement in managing the crisis, the project leader broke his silence.Kusama emphasized that a special ”war room” has been set up to restore stolen finances and enhance network security. The statement is his first official words since the bridge compromise occurred.”Although I am focusing on AI initiatives to benefit all our tokens, I remain with the developers and leadership in the war room,” Kusama posted on social media platform X. He dismissed claims that he had distanced himself from the project as ”utterly preposterous.”The developer said that the reason behind his silence at first was strategic. Before he could make any statements publicly, he must have taken time to evaluate what he termed a complex and deep situation properly. Kusama also vowed to provide further updates in the official Shiba Inu channels as the team comes up with long-term solutions.Attack Details and Immediate ResponseAs highlighted in our previous article, targeted Shibarium's bridge infrastructure through a sophisticated attack vector. Hackers gained unauthorized access to validator signing keys, compromising the network's security framework.The hackers executed a flash loan to acquire 4.6 million BONE ShibaSwap tokens. The validator power on the network was majority held by them after this purchase. They were able to transfer assets out of Shibarium with this control.The response of Shibarium developers was timely to limit the breach. They instantly halted all validator functions in order to avoid additional exploitation. The team proceeded to deposit the assets under staking in a multisig hardware wallet that is secure.External security companies were involved in the investigation effort. Hexens, Seal 911, and PeckShield are collaborating with internal developers to examine the attack and discover vulnerabilities.The project's key concerns are network stability and the protection of user funds, as underlined by the lead developer, Dhairya. The team is working around the clock to restore normal operations.In an effort to recover the funds, Shiba Inu has offered a bounty worth 5 Ether ($23,000) to the hackers. The bounty offer includes a 30-day deadline with decreasing rewards after seven days.Market Impact and Recovery IncentivesThe exploit caused serious volatility in the marketplace of Shiba Inu ecosystem tokens. SHIB dropped about 6% after the news of the attack. However, The token has bounced back and is currently trading at around $0.00001298 at the time of writing.SHIB Price Source CoinMarketCap
Share
Coinstats2025/09/18 02:25
Tether CEO Teases New Local AI Assistant

Tether CEO Teases New Local AI Assistant

Tether CEO Paolo Ardoino revealed a first public demo of “QVAC,” an artificial intelligence assistant currently under development by Tether. The preview suggests
Share
Ethnews2026/02/12 23:41