Flare CEO Reports 10% Increase in XRP Holdings Amid Market Downturn

Hugo Philion, CEO of Flare, notes a significant uptick in XRP holdings on the blockchain network despite broader cryptocurrency market declines.

XRP

FLR

47d ago

Summary

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Terms & Concepts

XRP: A digital asset created by Ripple for fast and cost-efficient cross-border payments.
Flare Network: A blockchain platform designed to enable smart contract functionality for cryptocurrencies that do not natively support it.
Smart contract: Self-executing blockchain code that automatically enforces the terms of an agreement.